Employment
Analyst/Associate
An Analyst with Majestic Hospitality is the ultimate jack of all trades concerning anything and everything related to the hospitality and tourism industries. Analysts work closely with the directors of several departments and wear many hats. Primarily, an analyst researches a future project’s viability, economic success and growth, and ability to scale. Whether it’s a new hotel concept or a restaurant expansion, the analyst must be able to create a clear plan of execution. Analysts have to both think creatively and methodically in order to complete investment packages, cash flow projections, and business proposals. Analysts are responsible for providing the tools and information our clients need to successfully run their hospitality businesses.
Objectives of this Role
- Market research, feasibility studies, highest and best use studies, and valuation for all categories of hotels/resorts, conference center hotels, and convention centers.
- Project management.
- Communication with clients, coworkers, and other vendors.
- Pricing and absorption studies for branded residences, condo-hotels, and timeshare/fractional/private residence clubs.
- Strategic consulting, research and advisory assignments, due diligence activities, and brand recommendations for single assets and portfolios.
- Management agreement, operator contract, and term sheet reviews.
- Financial analysis, underwriting, and modeling.
- Market comparable sales research and analysis.
- Preparation of appraisal reports, appraisal analysis, and consulting assignments; Royal Institute of Chartered
- Surveyors (RICS)-compliant valuation reports; and other written reports and PowerPoint presentations.
- Review and analysis of financial statements, annual business plans, budgets (including capital budgets/programs), and other related functions.
- Assistance with the preparation of proposals and pitch materials for prospective business opportunities
Skills and Qualifications
- Passion for the Hospitality industry
- Understanding of accounting principles
- Familiarity with Star Reports, P&Ls, and Pro Formas
- Business acumen
- Proficient in both Microsoft Excel and Word
- Good communication skills, both written and verbal in English
- Problem-solving and analytical skills
- Bachelor’s Degree in Hotel Management, Finance, or equivalent
- At least 3 years of prior relevant experience in the hotel or hospitality industries
Details
- Full-time role
- Location: Option to work in the LA office or remotely in the US
- Benefits include: health insurance, 28 days of time off per year
- Salary range: $50,000-$65,000
- Amount of Travel: 25%