We’re Sonesta International Hotels.
The 8th largest hotel company in the U.S.—and growing fast.
An epic blend of full-service and focused hotels in major cities, Sonesta’s uniquely diverse portfolio of owned, managed, and franchised properties makes us everywhere you want to be. Driven by the human side of hospitality, we deliver service with passion, loyalty with purpose, and experiences that truly connect.
Together We Thrive—bringing quality, value, and amazing hospitality to every guest, every stay, across 1000+ properties in eight countries and counting.
The Manager, Investment will support the Lodging Development and Strategy with investment analyses, asset management, underwriting and investment appraisal. The candidate will interact with senior management and key stakeholders on projects, presentations and approvals. The manager will work on projects as directed including but not limited to preparing proformas, reporting gather data, and track initiatives. Some travel may be required.
This is a hybrid position that requires in-office attendance Tuesday through Thursday. To be considered for this role, candidates must be able to reliably commute to either our Newton, MA or Orlando, FL office.
KEY RESPONSIBILITIES:
Prepare fee projections and valuations for new management and franchise opportunities – with or without capital commitments.
Prepare hold vs sell analyses on existing hotels in the portfolio.
Assist in transaction and asset management underwriting utilizing proformas, DCF and direct capitalization analysis.
Participate in major capex and special projects pertaining to the owned and managed portfolio.
Assist in the preparation and presentation of investment memorandums and deal summaries.
Analyze performance trends and monitor hospitality industry and real estate market developments.
Create and maintain portfolio reporting and financial analysis tools, such as dashboard reports, monthly critiques, strategic plans, budget analysis, and ROI models.
Perform necessary ad-hoc analyses to further support the Strategy and Lodging Development team.
May be responsible for one or two direct reports.
EDUCATION/EXPERIENCE:
Four-year degree with preference in Hospitality Real Estate, Finance/Business Analytics, or Hospitality Management. Emphasis placed on financial analysis and problem-solving skills.
MBA is a plus.
5+ years of experience in feasibility or valuation within hotel industry, real estate experience (specifically multi family) may also be considered.
Analyzing all scales/classes of hotels (economy to upper upscale/luxury).
Franchise and acquisition impact analysis.
REQUIRED SKILLS:
Understanding of real estate valuation methodologies including IRR, ROI analysis, and DCF analyses
Problem solving and critical thinking skills.
Advanced level of proficiency in Excel, word and power point.
Resourceful self-starter that is organized and task oriented.
Effective communication and interpersonal skills.
Confident, enthusiastic, and entrepreneurial.
Proficient with P&Ls/operating statements.
Additional Job Information/Anticipated
Pay Range
$115,000 to $135,000. Base pay offer may vary depending on various factors, including but not limited to job related knowledge, skills and job specific/overall experience.
Benefits
Sonesta recognizes that benefits play a vital role in helping ensure the health and financial security of employees and their families. We offer a variety of benefits to our employees including:
Sonesta is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
Upon submitting your application, please ensure you complete a full application in addition to attaching a resume. Incomplete applications received will not be considered.
Sonesta is now the 8th largest hotel company in the US, with 13 brands that consist of 1100 hotels, 100K+ rooms across three continents and include The Royal Sonesta, The James Hotels, Classico Collection by Sonesta, Sonesta Hotels & Resorts, MOD Collection by Sonesta, Sonesta Select, Sonesta ES Suites, Sonesta Simply Suites, Red Lion Hotels, Inns & Suites by Sonesta, Signature Inn by Sonesta, Americas Best Value Inn by Sonesta and Canadas Best Value Inn by Sonesta.
With the growth of the company, we have also expanded our award-winning guest loyalty program – Sonesta Travel Pass. Offering guests a variety of travel experiences, free nights, value added perks, points that can be redeemed at any of Sonesta's hotels.
Sprung from the classic hoteliers of the mid-20th century, Sonesta is a collection of hotels, resorts, suites and cruises enjoys a rich history celebrating over 85 years in hospitality. When savvy travelers stay in one of our locations throughout the world, they are treated to a genuine experience, reflective of the culture and personality of the destination. Guests are always delighted to find that we have let the outside culture in!
As one of the original hoteliers in the United States, Sonesta has a solid understanding of what drives the passion for travel – service, beautiful surroundings and an unmatched destination experience delivered with style. It’s our employees who deliver on this promise with integrity and passion, ensuring our future will be as strong as our past.
Discover what you have been missing at Sonesta. Join us. We can’t wait to meet you.
