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$100k–$125k/yr
Full-time
bachelor degree
Health & Wellness Benefits, 401(k) & Company Match, Paid Sick Days, Vacation, Holidays, Paid Bereavement
Posted 15d ago
~40 hrs/week
Responsibilities
The Associate supports growth strategies by evaluating capital projects, analyzing financial performance, and managing debt financings for new hotel developments and acquisitions. They collaborate with senior executives to develop compelling presentations and track the performance of company properties.
Requirements
Candidates must have an undergraduate degree and 1-3 years of relevant experience, preferably in investment banking, consulting, or commercial real estate. Strong financial modeling skills and proficiency in Microsoft Office are required.
Full job description
Headquartered in New York City, located in the heart of Midtown Manhattan, our Loews Hotels & Co Home Office teams support our properties throughout the United States. Our talented teams provide guidance over strategic planning, operations, revenue management, communications, sales, development, brand marketing, finance, human resources and information technology.
Who We Are: Founded in 1960, Loews Hotels & Co operates iconic hotels and resorts across the U.S. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.
Growth and belonging start here; you’ll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role—from Guest Services to Finance, Culinary to IT—offers opportunities to grow and make a meaningful impact.
Creating a Team Member experience where you belong no matter what age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.
What We Offer:
Competitive health & wellness benefits, 401(k) & company match
Paid Sick Days, Vacation, and Holidays, Paid Bereavement, Paid Pet Bereavement
Training & Development opportunities, career growth
Tuition Reimbursement
Pet Insurance
Team Member Hotel Rates, other discounts, perks and more
What We’re Looking For:
We are seeking a highly motivated individual to join our dynamic Strategy & Development team. This role reports to the Senior Director, Strategy & Development and plays a key role in developing growth strategies, evaluating capital projects, analyzing financial performance, and working on debt financings for the organization. Working closely with senior executives, the Associate, Strategy & Development supports investments in acquisitions and new hotel developments as well as strategic pathways across multiple areas of the firm including corporate strategy, potential divestitures, corporate finance, and other special projects, all while gaining experience and exposure in the hospitality industry.
Who You Are:
Hardworking, driven individual who is excited to learn and comfortable asking questions
Strong communicator who can transform intricate concepts into clear, actionable insights, skilled in both regular, informal check-ins as well as formal investment presentations
Meticulous organizer with impeccable attention to detail
Analytical dynamo who can leverage quantitative and analytical problem-solving abilities with a strong command of financial modeling
Proactive, takes initiative, supports strategic priorities, owns projects from start to finish, consistently delivering outstanding results
Veterans and military spouses encouraged to apply
What You’ll Do:
Strategy & Financial Planning
Work with senior executives on major strategic decisions and special projects
Effectively communicate strategic updates by developing compelling presentations
Analyze and track performance of properties and the Company
Support communications with the Board of Directors and with Loews Corporation
New Hotel Development and Acquisitions
Evaluate new investment opportunities for Loews Hotels & Co
Perform strategic and quantitative analyses, conduct due diligence, and determine appropriate company and/or project valuation
Independently execute primary and secondary research on markets and projects
Coordinate with partners and other key stakeholders
Cover transactions from deal sourcing through execution, approval, and opening
Corporate Finance
Analyze opportunities for debt financing at both new hotel projects and for our existing hotel portfolio and assist in the execution of those debt financings
Manage monthly reporting for executives related to new investment and debt activities
Additional Responsibilities
Attend all required meetings and/or training sessions and maintain regular attendance in compliance with Loews Hotels & Co standards
Comply with required departmental and company policies, procedures and service standards and safety regulations and procedures
Perform other duties as assigned
Your Experience Includes:
Undergraduate degree required
1-3 years of relevant experience required; prior investment banking preferred: also open to consulting and/or commercial real estate firm experience
Financial modeling skill preferred
Strong Microsoft Office skills, Excel, PowerPoint, Outlook, Word, and Teams
Ability to effectively communicate, both verbally and in writing, with all levels of employees and guests in an attentive, professional, courteous and service-oriented manner
Strong organization and time-management skills with the ability to maximize efforts towards productivity, and meet deadlines
Ability to juggle multiple tasks & projects with superb accuracy in a fast-paced environment
Ability to work with different personalities/work styles and adapt to the changes and needs of the company
Must be capable of working independently as well as collaboratively, take a proactive approach, and anticipate needs
Flexibility and adaptability to changing priorities and deadlines
Ability and willingness to travel approximately 10% of the time/one two-day trip per month
Salary range for this position, based on experience, is $100,000.00 to $125,000.00.
At Loews Hotels & Co, we believe every day is an opportunity to enrich life through exceptional experiences.
Industry
Hospitality
Company size
5,001-10,000 employees
Founded
1960
Headquarters
New York, New York
LinkedIn followers
91,104
Loews Hotels & Co was founded in 1960 and continues to own and operate hotels and resorts in the United States. Headquartered in New York City, hotel destinations include Arlington, Atlanta, Chicago, Chicago O'Hare, Coral Gables, Hollywood, Miami Beach, Nashville, New Orleans, New York, Orlando, Philadelphia, San Diego, St. Louis, and Tucson. Loews Hotels Hotels & Co operates as a subsidiary of Loews Corporation (NYSE: L).
WHO WE ARE:
We are a dedicated team focused on allowing our guests to flourish when they are with us. From our most senior of management, to our newest team members, we are all forged of the same hospitality DNA. That defining characteristic is a willingness and commitment to offer comfort, care, and everything in us to all who come through our doors. We invest in training and development opportunities for all team members so they may grow and develop as individuals. We embrace diversity at our core and offer the opportunity for all team members to reach their potential as professionals. We promote social responsibility by being a good neighbor in the communities in which we reside. At Loews Hotels & Co, we seek to create a dynamic culture that makes work interesting, challenging, fulfilling and fun.
EQUAL EMPLOYMENT OPPORTUNITY
Loews Hotels and Resorts is an Equal Opportunity Employer Minorities/Women/Veterans/Disabled
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Offices: 655 Madison Ave, New York, New York 10065, US · 1600 e Randall Mill Pl NW, Arlington, Texas 76011, US · 799 Clark Ave, St Louis, Missouri 63102, US · 1065 Peachtree St NE, Atlanta, Georgia 30309, US · 455 N Park Dr, Chicago, Illinois 60611, US
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