Intern, Hospitality\Business Development
Resolute Road HospitalityAbout the role
Description
Job Overview
The Intern for Business Development will work with the team to support in underwriting and pursuing new hotel third-party management opportunities.
Duties & Responsibilities
· Assist with underwriting new hotel acquisitions, working through the entire process from discovery to closing.
· Update existing models with updated financials, and track KPIs across the portfolio
· Perform market research and collecting historical transaction data and details
· Review weekly and monthly STR Reporting for our existing hotel portfolio
· Track on-market deals and cultivate potential leads
· Provide miscellaneous ad-hoc analytical support as needed by the development team
· Assist with tracking lender covenants and maintaining models with our debt finance team
· Help our internal tax team, corporate accounting team, and marketing team on an as-needed basis
· Any other duties as assigned
Qualifications & Experience
· Pursuing a BA/BS degree in finance, real estate, or other business related degrees · Strong business writing skills · Proficient in Excel, and Word · Ability to work independently while also maintaining rapport with other members of the team· Strong organizational skills
Requirements
100RRHCORP
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