Hotel Asset Management Associate Job at Witness Investment, Chicago, IL

d3JTYVprOFdDV1gxczBoOWhQbklVWjBvY0E9PQ==
  • Witness Investment
  • Chicago, IL

Job Description

About the Company

Witness Investment is an award winning multigenerational real estate investment firm specializing in hospitality investment and development. Since 1985, we’ve built a reputation for operational excellence and value creation, with a growing portfolio of premium-branded hotel assets across the Midwest. Our team is the strategic engine behind asset performance and portfolio-level execution.

About the Role

The Associate will report directly to the Vice President of Asset Management and play a key role in the tactical execution of business plans across Witness Investment’s hospitality portfolio. This role is ideal for those with a background in hotel asset management, operations, revenue strategy, or hospitality consulting looking to transition into or grow within hotel real estate who thrives in a fast-paced, team-oriented environment. The Associate will support property-level oversight, financial modeling, data infrastructure, reporting, and operator engagement to help drive revenue growth, improve profitability, and execute strategic initiatives.

Responsibilities

Portfolio Monitoring & Analysis

  • Support weekly STR reviews and R28 topline commentary across the portfolio
  • Track forecast, budget, and underwriting performance across all assets
  • Prepare Weekly Flash Reports, Monthly Asset Management Evaluation, and Quarterly Performance decks
  • Monitor RevPAR index trends, GOP flow-through, and cost efficiency metrics

Operator Oversight & Revenue Strategy

  • Join recurring revenue management and sales calls for critical assets
  • Participate in segmentation and pricing strategy reviews
  • Provide analytical support for channel mix analysis and top account tracking
  • Help implement action plans around green shoots and detractors

Capital & Compliance Support

  • Track CapEx budgets and project progress in coordination with internal stakeholders
  • Help maintain compliance tracking for insurance, liquor licenses, and brand standards
  • Assist in preparing documentation and coordination for PIP execution

Financial Reporting & Investor Support

  • Build and maintain asset-level financial models for ongoing performance tracking
  • Assist in preparing investor update briefs and quarterly reporting materials
  • Support annual budgeting and 5-year planning processes with data input and model outputs

Technology, Dashboards & Data Governance

  • Input and QA data across Airtable, STR, HotStats, Kalibri, and internal trackers
  • Contribute to development and refinement of BI dashboards and market performance tools
  • Work cross-functionally to centralize data and drive operational insights

Site Visits & Property Evaluations

  • Support VP and AM team during formal site visits and operational walk-throughs
  • Capture follow-ups, meeting recaps, and operator commitments
  • Assist in identifying opportunities for cost reduction and guest experience improvement

Qualifications

Education

  • Bachelor’s degree in Hospitality, Real Estate, Finance or a related field

Experience

  • 2-5 years of experience in hotel asset management, consulting, revenue management, or real estate operations
  • Exposure to P&L review, forecasting, and operational analytics preferred

Skills

  • Exceptional analytical and problem-solving skills
  • Strong Excel and PowerPoint proficiency
  • Excellent analytical, organizational, and communication skills
  • Ability to synthesize data into actionable insights

Personal Attributes

  • Detail-oriented and highly accountable
  • Proactive and solution driven
  • Comfortable managing multiple priorities in a fast-paced environment
  • Passion for real estate and hospitality industries

Why Join Us?

At Witness Investment, you will have the opportunity to contribute to a legacy of excellence while shaping the future of a dynamic and growing portfolio. We value relationships, innovation, collaboration, and a commitment to achieving exceptional results.

Job Tags

Similar Jobs

Pyramid Consulting, Inc

Data Analyst Job at Pyramid Consulting, Inc

 ...(typically Fortune 500) that , partners with for co-brand and private label programs. ~ Bachelors Degree. ~ At least 3 years of...  ...Agile development methodologies. Our client is a leading Banking and financial Industry and we are currently interviewing to fill... 

American Income Life

Work-From-Home Customer Service Associate Job at American Income Life

 .... residents who are legally authorized to work in the United States with a social security...  ...the benefits of a flexible work-from-home schedule, comprehensive mentorship programs...  ...Skilled in utilizing digital tools that enhance virtual teamwork and boost productivity... 

NTT DATA Business Solutions

Service Delivery Manager Job at NTT DATA Business Solutions

 ...Unleash Your Potential: Whether 2 Years or 20, Discover Rewarding Journeys with Us! The Service Delivery Manager (SDM) is responsible for coordinating a team of on-site and/or remote consultants to deliver services with excellence for one or more of our Strategic... 

The LiRo Group

Project Officer II / III Job at The LiRo Group

We have an immediate need for a Project Officer II & III for our NYC locations. Come join our team! We are looking to build services and capabilities through the growth of our key asset- our staff. Ranked among the nation's top A/E firms by Engineering News...

ProSearch

Administrative Assistant (Part-Time, Onsite - Portland, ME) Job at ProSearch

 ...Were hiring an onsite Administrative Assistant for a 3+ months with a possible extension at a local organization in Portland, ME. This is a part-time position (15 hours per week), with a flexible schedule between Monday and Friday, 9 AM to 5 PM. In this role, you'...