The RMR Group Analyst, Hotel Asset Management in Newton, Massachusetts
The Analyst, Hotel Asset Management will support the Hotel Asset Management team in meeting the team’s objectives of enhancing asset value through actively monitoring our Managers and their operating results and collaborating with them to increase revenues, control costs and maximize flow through to EBITDA while properly maintaining asset quality and guest perceptions. The Hotel Asset Management Analyst will work alongside the Hotel Asset Management team and will assist in the review of financial metrics and reports to include portfolio and hotel profit and loss statements, STR data, sales and revenue management data and hotel forecasts.
RMR principally invests in hotels through Service Properties Trust (NASDAQ: SVC) is a real estate investment trust which owns 329 hotels located throughout the United States, Ontario, Canada and Puerto Rico and net leased retail properties; and Sonesta International Hotels and Resorts. SVC’s hotels include Marriott, Intercontinental Hotels Group, Hyatt, Wyndham, Sonesta and Radisson Hotel Group full service, select service and extended stay brands.
Extract data from existing systems in order to create and maintain reports and spreadsheets.
Ensure accurate and timely preparation and delivery of standard weekly, monthly, and quarterly market and operations reporting.
Review and analyze operating data to help Managers achieve optimum hotel performance.
Navigate, coordinate various levels of feedback on work product to execute reports that can be accessible and utilized across all team members.
Work collaboratively with the Hotel Asset Management team with monthly, quarterly and annual reporting.
Track portfolio and hotel level goals as requested by asset managers.
As needed, participate in periodic hotel site visits to ensure hotel quality and performance against operating goals.
Assist Hotel Asset Management team with capital spend tracking and forecasting.
Track and provide updates on long term portfolio and hotel specific projects.
Assist in meeting coordination, preparation and follow up between Hotel Asset Management and the hotel operators.
Train team members and create learning guides for reporting platforms.
Provide clear and consistent communication on reporting and project progression to the Hotel Asset Management Team.
Complete special ad hoc projects and analysis as required.
Bachelor’s degree required, 3.0 minimum GPA, with preferred course of study in hospitality, finance, or business.
3+ years experience. Backgrounds in finance and revenue management preferred.
On site property or corporate hospitality experience.
Advanced Microsoft-based computer skills with Word, Excel, PowerPoint and Outlook. PowerBI and Power Pivot, a plus.
Working knowledge of property-level financial statements and the ability to understand complex pro forma models.
Strong analytical skills with the ability to review, analyze and report on varied quantitative and qualitative hotel metrics.
Familiarity with capital expenditures and improvements.
Ability to excel in a fast-paced, team-centered and results-driven environment.
Ability to meet varied travel requirements.
Excellent verbal and written communication skills.
Independent, creative, resourceful and shows strong initiative
Self-motivated, detail-oriented, well-organized, and results-driven professional.
Approximately 20% travel requirement.
Boston based position with temporary remote work considered.
The RMR Group Inc. is a holding company, and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies. As of June 30, 2020, The RMR Group LLC had $32.0 billion of real estate assets under management, including over 2,100 properties, and employed over 600 real estate professionals in more than 30 offices throughout the United States; and the companies managed by The RMR Group LLC collectively had nearly 45,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts. To learn more about The RMR Group, please visit www.rmrgroup.com.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.
Street: 255 Washington Street