Associate, Hotels
: Job Details :

**About JLL**

Were JLLa leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 91,000 individuals around the world who help real estate owners, occupiers and investors achieve their businessambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. Thats why were committed to our purpose to shape the future of real estate for a better world. Were using the most advanced technology to create rewardingopportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

Our core values of teamwork, ethics and excellence are also fundamental to everything we do and were honored to be recognized with awards for our success by organizations both globally and locally.

Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where were headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.

If this job description resonates with you, we encourage you to apply even if you dont meet all of the requirements below. Were interested in getting to know you and what you bring to the table!

JLL, Hotels & Hospitality is seeking an Associate to join our Americas Asset Management Practice, responsible for providing asset management services for a portfolio of hotel investments on behalf of JLLs clients, including both individual hotels and portfolio level oversight and reporting. The position is based in New York City.

* Support a team of senior managers involved in the asset management of full service, select service, and luxury hotels.

* Review, proactively manage and opine on annual operating and capital plans, and operating performance.

* Administer all aspects of real estate ownership and lease structure (as applicable)

* Effectively interact with hotels teams during weekly and monthly conference calls and meetings to review operating performance.

* Benchmark and analyze hotel- and portfolio-level financial data to identify areas of opportunity.

* Review, comprehend, and negotiate key legal documents including loan agreements, management agreements, franchise agreements, service contracts, leases, ground leases, purchase and sale agreements, etc.

* Perform annual asset valuations disclosing methodology, inputs, etc.;

* Prepare annual hold/sell analysis for review by ownership groups.

* Monitor and track capital expenditures (routine capital expenditure and major renovations) at each hotel.

* Execute on all aspects of writing, research and/or production of client-specific monthly, quarterly, and year-end reports, meeting minutes, and research papers by assigned deadlines.

* Maintain current knowledge of key hotel and tourism trends, sales, indicators, supply and demand dynamics, performance statistics and related topics through various industry-standard tools.

* Contribute to and maintain the asset management reporting systems .

* Additional asset management tasks, as required, to maximize the value and investment return of each hotel for our clients.

* Prepare clients presentations and pitches.

* Performs all job duties and responsibilities in an honest and ethical manner and in compliance with all laws, regulations, and Company policies.

* Serves at the direction of the New York senior management team.

Qualifications:

* 2+ years hospitality-industry specific work experience in operations and/or hotel real estate asset management.

* BA/BS degree in Business Finance, Hospitality and/or Real Estate Finance.

* Experience in hotel operations, budgeting/forecasting, capital planning/project oversight.

* Demonstrated strong analytical and quantitative skills.

* Demonstrate a solid understanding of revenue management or finance and opening hotels strategies to optimize revenue streams and grow market share.

* Experience in Revenue Management or Hotel Finance is a plus.

* Ability to think and act strategically with experience analyzing leasing and investment decisions.

* Strong negotiation, analytical and interpersonal skills are essential. Ability to work independently.

* Strong verbal and written communication skills.

* Comprehend all aspects of financial modeling and underwriting logistics of hospitality-related real estate investments.

* Detail-oriented and well-organized.

* Ability to work within formal reporting relationships.

* Hands-on, can-do attitude, and flexibility to adjust priorities in response to rapidly changing circumstances/deadlines.

* Exemplary work ethic and interest in working in an entrepreneurial environment setting with a strong team culture.

#LI-EL

**What you can expect from us**

We succeed together and believe the best inspire the best, so we invest in supporting each other, learning together and celebrating our success.

Our Total Rewards program reflects our commitment to helping you achieve your career ambitions, recognizing your contributions, investing in your well-being and providing competitive benefits and pay.

We cant wait to see where your ambitions take you at JLL. Apply today!

***JLL Privacy Notice***

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLLs recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

For more information about how JLL processes your personal data, please view our .

For additional details please see our career site pages for each country.

For employees in the United States, please see a fully copy of our Equal Employment Opportunity and Affirmative Action policy .

This position may require you to be fully vaccinated against COVID-19. If required, youll be asked to provide proof that youre fully vaccinated upon your start date. Youre considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination.

Jones Lang LaSalle (JLL) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process including the online application and/or overall selection process you may email us at ...@am.jll.com . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our page > I want to work for JLL.