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

VGZhTnhHclQweGlOTnpONEE1MjFaTWtoaWc9PQ==
  • 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

Guthrie

Patient Care Technician - Emergency Services - Per Diem Job at Guthrie

 ...difficult patients Toileting, Peri care Mobilizing patients transfers and ambulation D/C IVs and indwelling foley catheters Crutch Training Apply Restraints Stocking Department Post Mortem Care Assist patients out of private vehicle/ambulances Function as a sitter for... 

Wrist Aficionado

Sales Assistant / Receptionist Job at Wrist Aficionado

Location: In-Person (NYC) Compensation: $65,000.00 plus (commensurate with experience) Experience Level: Junior Level (1-3 years as a Receptionist, Hostess, or Sales Assistant required) About Us We are a leading secondary market dealer of high-end luxury watches...

Elios Talent

Cath Lab Technician Job at Elios Talent

 ...Cath Lab Technician Location: Greater Atlanta Area, Georgia Employment Type: Full...  ...team. In this role, you will assist physicians with diagnostic and interventional...  ...program RCIS certification preferred Experience in a Cath Lab or cardiology setting is a... 

California State University, Monterey Bay

Assistant Professor of Education and Leadership Job at California State University, Monterey Bay

 ...Assistant Professor of Education and Leadership Classification: Academic Year Faculty Priority Screening Date: December 14, 2025 Recruitment Status: Open Until Filled Appointment Date: Fall 2026 California State University, Monterey Bay is a mid-sized... 

Upper East Side Tan

Weekend Salon Receptionist (11am to 7pm) Job at Upper East Side Tan

 ...We are looking for a weekend front desk attendant to join our expanding team at Upper East Side Tan! As the first person that our members see when they enter the salon and the last person they see before they leave, you will become a face of our Upper East Side Tan brand...