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Asset Management Analyst/Senior Analyst

posted June 24, 2019

Hersha Trust
Philadelphia, PA
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734893 l

About This Job

Opportunity:  Asset Management Analyst

The individual will be responsible for supporting the SVP and VPs of Asset Management. The main function of this position will be monitoring result, conducting special projects/ROI analysis, reporting results to the executive team, and being the market data expert for the team.

Essential Job Functions

  • Analyze income statements, conduct benchmarking analysis, and prepare other analyses related to maximizing revenues and minimizing expenses
  • Collect market data and maintain database of all factors affecting markets and submarkets for each hotel and/or portfolio, including demographics and changes in supply and demand
  • Analyze data and create high-level presentations for executive team and board of directors
  • Participate in regular on-site property reviews, identify issues and areas of opportunities
  • Assist in developing successful strategies and decisions relative to occupancies, ADR's, RevPAR's, daily expenses, etc.
  • The Asset Management Analyst has direct exposure with the executive management team and has various possibilities to interact with other REITs, brands, brokerage firms, private equity firms, and investment banks.
  • Limited overnight travel.
  • Follow sustainability guidelines and practices related to HHM’s EarthView program.
  • Practice safe work habits, wear protective safety equipment and follow
  • MSDS and OSHA standards.
  • Perform other duties as requested by management

Position Requirements

  • Qualified candidate must be able to analyze STR reports, P&L's, balance sheets, and cash flow statements.
  • Mastery of Excel and PowerPoint is highly critical.
  • A Bachelor’s degree in Hospitality Management and/or Real Estate Finance is a requirement along with 2-3 years of experience in real estate and/or consulting.
  • Emphasis placed on strong computer modeling skills and business writing as well as understanding of hotel operations, financial management, and statistical analysis.
  • Excellent multi-tasking, analytical, problem solving, and written/verbal communication skills. Detail oriented and ability to work independently while prioritizing multiple complex projects.

Work Environment and Context

  • Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.

What We Believe

People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It

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About This Employer

Hersha Trust

520 Walnut Street, 9th Floor
Philadelphia, PA 19106

Corporate Office

About the company

Hersha Hospitality Trust (NYSE: HT) is a $2.5 billion publicly traded Real Estate Investment Trust (REIT) and an owner of 55 hotels in key urban gateway markets including New York City, Boston, Philadelphia, Los Angeles, San Diego, Washington DC and Miami.