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Witness Investment

Hotel Asset Management Associate

Witness Investment, Chicago, Illinois, United States, 60290

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Direct message the job poster from Witness Investment VP, Hotel Investments & Asset Management

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 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 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 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 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. Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

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