Hotel Asset Management Associate ( {{city}})

About the CompanyWitness Investment is an award winning multigenerational real estate investment firm specializing in hospitality investment and development. Since 1985, weve built a reputation for operational excellence and value creation, with a growing portfolio of premium-branded hotel assets across the Midwest. Our team is the strategic engine behind asset performance and portfolio-level execution.About the RoleThe Associate will report directly to the Vice President of Asset Management and play a key role in the tactical execution of business plans across Witness Investments hospitality portfolio. This role is ideal for those with a background in hotel asset management, operations, revenue strategy, or hospitality consulting looking to transition into or grow within hotel real estate who thrives in a fast-paced, team-oriented environment. The Associate will support property-level oversight, financial modeling, data infrastructure, reporting, and operator engagement to help drive revenue growth, improve profitability, and execute strategic initiatives.ResponsibilitiesPortfolio Monitoring & AnalysisSupport weekly STR reviews and R28 topline commentary across the portfolioTrack forecast, budget, and underwriting performance across all assetsPrepare Weekly Flash Reports, Monthly Asset Management Evaluation, and Quarterly Performance decksMonitor RevPAR index trends, GOP flow-through, and cost efficiency metricsOperator Oversight & Revenue StrategyJoin recurring revenue management and sales calls for critical assetsParticipate in segmentation and pricing strategy reviewsProvide analytical support for channel mix analysis and top account trackingHelp implement action plans around green shoots and detractorsCapital & Compliance SupportTrack CapEx budgets and project progress in coordination with internal stakeholdersHelp maintain compliance tracking for insurance, liquor licenses, and brand standardsAssist in preparing documentation and coordination for PIP executionFinancial Reporting & Investor SupportBuild and maintain asset-level financial models for ongoing performance trackingAssist in preparing investor update briefs and quarterly reporting materialsSupport annual budgeting and 5-year planning processes with data input and model outputsTechnology, Dashboards & Data GovernanceInput and QA data across Airtable, STR, HotStats, Kalibri, and internal trackersContribute to development and refinement of BI dashboards and market performance toolsWork cross-functionally to centralize data and drive operational insightsSite Visits & Property EvaluationsSupport VP and AM team during formal site visits and operational walk-throughsCapture follow-ups, meeting recaps, and operator commitmentsAssist in identifying opportunities for cost reduction and guest experience improvementQualificationsEducationBachelors degree in Hospitality, Real Estate, Finance or a related fieldExperience2-5 years of experience in hotel asset management, consulting, revenue management, or real estate operationsExposure to P&L review, forecasting, and operational analytics preferredSkillsExceptional analytical and problem-solving skillsStrong Excel and PowerPoint proficiencyExcellent analytical, organizational, and communication skillsAbility to synthesize data into actionable insightsPersonal AttributesDetail-oriented and highly accountableProactive and solution drivenComfortable managing multiple priorities in a fast-paced environmentPassion for real estate and hospitality industriesWhy Join Us?At Witness Investment, you will have the opportunity to contribute to a legacy of excellence while shaping the future of a dynamic and growing portfolio. We value relationships, innovation, collaboration, and a commitment to achieving exceptional results.

Created: 2025-09-23