Commonwealth Hotels - Covington, KY

posted 4 days ago

Full-time - Mid Level
Covington, KY
Accommodation

About the position

The Hotel Business Analyst at Commonwealth Hotels, LLC is responsible for supporting the analysis, evaluation, and acquisition of hotel properties. This role involves conducting financial modeling, market research, and competitive analysis to identify acquisition opportunities and optimize investment returns. The Analyst collaborates with internal teams to assess the strategic fit of potential acquisitions and provides recommendations for future growth.

Responsibilities

  • Conduct in-depth market research to identify emerging trends, opportunities, and risks in the hospitality sector.
  • Analyze regional and national markets for investment opportunities based on supply/demand dynamics, competitive set performance, and economic indicators.
  • Perform detailed financial assessments of potential hotel acquisitions, including revenue projections, operating costs, capital expenditures, and profitability forecasts.
  • Evaluate the operational performance of target properties, including occupancy rates, ADR, RevPAR, and other KPIs.
  • Build and maintain financial models to assess the viability of acquisition opportunities and predict potential returns.
  • Conduct sensitivity analysis and scenario modeling to understand potential risks and returns under different market conditions.
  • Assist in the due diligence process for new acquisitions, including reviewing financial statements, contracts, legal documentation, and property inspections.
  • Provide actionable insights and recommendations to senior management based on a thorough analysis of acquisition targets and market conditions.
  • Present management opportunities, including pro-forma financial projections, risk assessments, and strategic fit analysis, to the Acquisition Committee.
  • Recommend optimal financing structures for potential acquisitions.
  • Work closely with operations and revenue management teams to develop integration plans for newly acquired hotels.
  • Monitor the performance of newly acquired properties post-acquisition to ensure alignment with projected financial targets and KPIs.
  • Track industry trends and competitor activities to identify growth areas and potential acquisition targets.
  • Prepare detailed reports and presentations for senior leadership, summarizing analysis, findings, and recommendations regarding acquisitions.
  • Collaborate with various internal departments to ensure that acquired hotels align with company strategies.

Requirements

  • Bachelor's degree in Hospitality Management, Finance, Business Administration, Real Estate, Economics, or a related field.
  • 2-4 years of experience in hotel investment analysis, hospitality finance, acquisitions, or related fields within the real estate or hospitality industry.
  • Strong background in financial modeling, market research, and competitive analysis.
  • Advanced proficiency in financial modeling (Excel, ARGUS, or similar tools), valuation techniques, and investment analysis.
  • Strong understanding of hospitality performance metrics, such as ADR, RevPAR, occupancy, and operating profit margins.
  • Ability to analyze and interpret large volumes of data and present actionable insights.
  • Strong communication, presentation skills, and data visualization.

Nice-to-haves

  • MBA or other advanced degree.
  • Experience in hotel acquisitions or portfolio management.
  • Familiarity with hotel property management systems (PMS), revenue management systems (RMS), and financial management software.
  • Exposure to hotel renovation or repositioning projects.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service