About UsDon't meet every single requirement of this job? At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization!
We value U.S. military experience and invite all qualified military candidates to apply.
OverviewThe Intern, Investments & Real Estate will receive extensive on-the-job training and work as integral part of the Investment/Business Development team in the areas of hotel acquisitions, disposition process, and 3rd party business development. The Intern, Investments & Real Estate will participate in portfolio management matters that include: monitoring and evaluating investment performance, liaising with professional advisors, interacting with Principals, and participating in strategy meetings.
Responsibilities: - Supports market due diligence and underwriting program for potential acquisitions and 3rd party management opportunities; conducts, analyzes and summarizes research of market related to demand drivers, transactional trends, and target asset competitive set.
- Drafts internal/external communications, memos and presentations with high levels of professional institutional quality as directed.
- Assists in updating and building advanced Excel models and reports that evaluate investment opportunity, fundamental economic/industry outlook, and currently owned/operated assets.
- Performs ad-hoc requests for investment community, industry and portfolio-related data and research
- Maintains a level of knowledge of current portfolio operating performance and resourcefully incorporates it into the underwriting process to enhance accuracy.
- Conducts ongoing research of the hotel industry to detect market trends and related information for analysis in defining investment strategies. Draws conclusions and makes recommendations based upon analysis.
- Responsible for assembly and documentation of exhibits and supporting materials for transactional documents.
- Assists with maintaining and organizing various databases and resources pivotal to the Investment group.
- Drafts all initial inputs in the investment analysis and business plan for review and approval.
- Participates in discussions in strategic meetings to discuss investment initiatives and pipeline.
- Performs any other job related duties as assigned.
Qualifications: Education and Experience
- Recent or current graduate (sophomore, junior, or senior) of a hospitality program preferred, ideally with a focus on hospitality real estate.
Knowledge, Skills and Abilities
- Strong organizational skills with attention to
- Ability to compile facts and
- Strong Excel modeling and PowerPoint presentation skills.
- Proven outstanding work and/or academic track record with a demonstrated history of achievement.
- Proven quantitative skills (e.g., economics, mathematics, etc.) with strong problem solving skills with demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement
- Basic knowledge of hotel operating metrics and performance capabilities.
- Basic knowledge of major markets and ability to study then diagnose current supply/demand situation in these markets.
- Proven ability to participate as a team player with other department members and key executives.
- Proven ability to provide constructive feedback to all key contacts within the department.
- Job requires 3 days in office and 2 days remote work.
- Must be able to commute to our home office in Norwalk, CT.
CompensationSalary Range: $20.00 - $20.00 Hourly
Tipped/Service Charge Eligible? No
Discretionary Performance Bonus Eligible? No
BenefitsHEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!
For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs through EyeMed. Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.
HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
Please see the job description for required or recommended skills.
Please see the job description for benefits.