Portfolio Strategy & Feasibility Analyst
The individual's primary focus is to support the Portfolio Strategy & Feasibility team and the company's investment decision-making process to ensure disciplined and rational allocation of capital. This is accomplished through completion of hotel valuations, and market, corporate, and industry analyses. The position requires a solid foundation of lodging real estate valuation experience, as well as comprehensive knowledge of the real estate and hospitality industries.
The principal functions of the position include :
- As a member of the Enterprise Analytics team, prepare analyses in support of the development and implementation of Host's corporate strategic plan
- Support Portfolio Strategy & Feasibility team through completion of ad-hoc analyses focused on asset performance, market dynamics, and portfolio evaluation
- Develop / maintain a thorough understanding of lodging industry dynamics for assigned markets
- Feasibility and underwriting of capital projects
- Preparation of valuations of owned assets for dispositions or management agreement negotiations with oversight.
- Assisting with underwriting of acquisition targets
Key responsibilities include :
Assess historical market dynamics; prepare supply, demand, financial, market penetration and valuation analyses extensive Excel financial modeling requiredPerform market research and analysis for properties and markets considered for acquisition, disposition or major capital projectsUtilize benchmarking tools and work collaboratively with the Enterprise Analytics, Investments, and Asset Management teams to identify potential opportunities and risksCreate portfolio analytics and dashboards to support Host's strategic plan and capital allocationConduct market and industry research used in the development of business plans and presentationsEducation and experience :
Bachelor's Degree with a concentration in Hospitality, Real Estate, Finance or related fieldAt least three years of relevant experience in hotel / lodging valuation, asset management, investments, feasibility, or commercial real estate underwriting with direct hotel exposure.Position requires a thorough knowledge of the lodging industry and real estate financeRequired skills :
Advanced pro-forma and financial structure Excel spreadsheet modelingUnderstanding of industry data sets (STR, CoStar) and demonstrated ability to gather, interpret, and synthesize complex data from various sourcesExceptional report writing, verbal and written communication skills, including ability to effectively present assumptions and conclusions for assigned projectsAbility to work independently and manage multiple assignmentsA very thorough / detail oriented approach to work product, with commitment to quality and accuracyA strong desire to achieve team goals and the flexibility to provide assistance where needed