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

RVZCWkpLS3crZU5HQ0p2QVZkdTBQU0hBL0E9PQ==
  • 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

Wyndy

Evening Babysitter for School-Aged Children Job at Wyndy

 ...bathing is required, but you will need to assist with light feeding duties.Applicants should have previous babysitting experience with school-aged children and adhere to Wyndy's general sitter standards for safety and care. If you are a pet-friendly individual who enjoys... 

BHE GT&S

Intern (Technical Training) Job at BHE GT&S

BHE GT&S JOB DESCRIPTION BHE GT&S has an exciting summer internship opportunity for a rising Sophomore or Junior pursuing a degree in Computer Science, or Engineering within the Technical Training Department at our Delmont Area located in Delmont, PA. RESPONSIBILITIES...

Tenet Healthcare

Physician Advisor Job at Tenet Healthcare

 ...the next level! We are seeking an experienced, board-certified physician to join our team. This is a full-time, hospital employed...  ...processes for patients to receive medically necessary and high-quality care throughout the continuum of care. Stay abreast of... 

PrismHR

Warehouse Worker Job at PrismHR

 ...Job Title: Warehouse Worker Location: St. Louis, MO 63132 Pay: $17.00/hour Schedule: MondayFriday, 6:00 AM3:00 PM (1-hour lunch...  ..., dental, and vision insurance (50% employer-paid after 60 days)~401(k) eligibility after 1 year ~ Paid Time Off (PTO)~ Paid... 

Vetoquinol USA

Warehouse Associate Job at Vetoquinol USA

 ...Description The Warehouse Associate receives, stores and distributes material, equipment and products in the warehouse. Essential Functions Materials Handling Assist shipping and receiving, unloading trucks, checking in merchandise, matching purchase orders...