Associate, Feasibility & Underwriting (100% Remote) ($105K - $125K)

Overview

The organization is seeking an Associate, Feasibility & Underwriting to drive the financial and market analysis behind new management contracts, acquisitions, and third-party deal pursuits. This role partners with Development, Operations, and Finance to assess deal viability and support go/no-go decisions across the hotel portfolio.

Responsibilities

• Build and maintain detailed feasibility studies and underwriting models using STR/market data, ADR/RevPAR projections, demand segmentation, and comp set analysis
• Prepare full P&L pro formas, cash flow projections, and IRR/NPV/cap rate analyses for prospective management contracts and acquisitions
• Evaluate market fundamentals, including supply pipeline, demand generators, and competitive positioning, for new and existing markets
• Support due diligence on third-party management pursuits, including brand fit, contract terms, and capex requirements
• Present findings and recommendations to senior leadership and ownership groups/investment committees
• Maintain and refine underwriting templates, market data sources, and benchmarking tools

Requirements

• 3+ years in hotel feasibility, underwriting, acquisitions, or asset management (brokerage, REIT, PE, or management company background)
• Advanced Excel modeling skills; STR, CoStar/CBRE Hotels, or similar market data tools
• Strong understanding of hotel operating structures, management/franchise agreements, and third-party ownership dynamics
• Bachelor’s degree in Finance, Real Estate, Hospitality, or related field (MBA a plus)
• Excellent written and verbal communication skills for owner- and investor-facing deliverables

Preferred Qualifications

• MBA

Compensation & Benefits

• Base salary: $105,000 - $125,000 (commensurate with experience, qualifications, and market alignment)
• Annual incentive bonus: up to 15% (tied to performance metrics); bonus eligibility also stated as 10%
• Health benefits: medical, dental, and vision insurance
• Retirement: 401(k) with company match
• Time off: paid vacation, holidays, and personal days
• Perks: discounted hotel stays across the portfolio
• Growth: career development and advancement opportunities

Location & Work Schedule

• Work type: 100% remote within the USA
• Remote location: open to any location within the USA; candidates should be willing to align with Central Time business hours
• Travel: up to 10% for meetings, leadership development, community engagement, and market-related activities

Role Details

• Full-time, permanent, individual contributor position
• No direct reports (including administrative support, analysts, or coordinators)
• Reports to the VP of Feasibility & Underwriting
• Hands-on, self-sufficient role with the ability to manage priorities, execute projects independently, and drive results with minimal oversight