• Hotel Real Estate Appraiser Associate - Consulting & Valuation in Pasadena, CA
Job title: • Hotel Real Estate Appraiser Associate - Consulting & Valuation in Pasadena, CA at HVS
Company: HVS
Job description: HVS Hospitality Consulting is seeking hotel accountants who are looking to get out of the back office and move into the forefront of the hotel appraisal industry with a dynamic and collaborative team (Bachelor’s degree required). Those with a passion for finance, marketing, and hotel management are also welcome to apply. With a starting salary of $70,800, the ability to grow your income is considerable, well beyond what is possible by staying in on-site operations for most. The average salary approaches $100,000 after just a few years of learning this work and becoming exceptional in its delivery. In addition, we fund 100% of the healthcare premium, with nothing deducted from your paycheck for monthly premiums, we provide a 401K match, and other valuable perks are included.Every Day is Different: we consult on hotels and markets throughout the metro area and region, and no submarket or hotel is alike. If you have become tired of the monotony of your hotel operations existence, let us breathe new life into your career with a move into hotel valuation. Our appraisers travel and learn about hundreds of submarkets and hotels, and our team can interact with industry participants who are equally passionate about this work. No day is like the last, and we couple this experience with a great HVS trainer team and fund licensing and continuing education. Market studies, feasibility studies, and appraisals (valuations) are the mainstay of our business, and we train new associates how to expertly put together highly credible analyses and written reports to back up our conclusions. This work is a perfect career move for a college graduate who has spent some time in hotel accounting and is ready for a change.Ideal candidate: If you have your bachelor’s degree and at least six months of hotel experience, are a self-starter who is looking to start a career with advancement opportunities, and have the desire to work within a multicultural community, apply today. (If you are or have been a Hotel Revenue Manager, and work in Hotel Accounting, you may also be ideally suited for this position - other hospitality industry professionals with a passion for numbers and writing are encouraged to apply!)Job Location: Pasadena, CAEssential Duties and Responsibilities
- Perform valuations of hotels and other hospitality-related income-producing real estate, as well as supply-and-demand analyses
- Prepare forecasts of income and expenses
- Write appraisals, market studies, feasibility studies, and consulting reports
- Use HVS models to conduct analyses
- Carry out fieldwork and property inspections, as directed
- Basic understanding of hotel operation fundamentals
- Analyze hotel financial statements and economic, lodging, and market area trends to arrive at supportable supply-and-demand forecasts
- Work as part of a team to meet individual and office objectives (this is a work-from-the-office position, so living close to our Pasadena office would be a plus!)
- Prioritize and organize work to meet deadlines
- Travel up to 40% of the time (oftentimes local/drive-to markets)
- Excellent oral and written communication skills in English
- Effective organizational, analytical, and interpersonal skills
- Advanced Excel skills and experience in Microsoft Word and Outlook
- Strong work ethic with attention to detail and demonstrated problem-solving skills
- A valid U.S. driver’s license
- Bachelor’s degree, preferably in finance, real estate, or hotel administration
- Experience in hotel operations (6 months to 2 years+ of hotel operations preferred)
Physical demands are representative of those that must be met by an employee to successfully perform the essential functions of the job. Physical demands include:
- Frequent sitting (e.g., at the computer or in a car or airplane in transit to fieldwork); standing desks provided upon request
- Occasional lifting up to 20 pounds
- Commuting to our Burlington office - this is a work-from-the-office position
- Long drives are often required to visit markets throughout New England where flying may not be convenient
Work environment characteristics are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The individual works in an office environment with the requirement to travel approximately 20%-40% of the time to carry out fieldwork and property inspections (this is often local inspections/fieldwork that takes you out of the office but not too far from home).Base Pay & Benefits
- $70,800 annual salary
- Company-paid employee health insurance, including long-term disability, dental, and life insurance - 100% of premium covered
- Paid cellphone service
- Company-paid continuing education, licensing, MAI, and professional development
Expected salary: $70800 per year
Location: Pasadena, CA
Job date: Wed, 19 Mar 2025 00:22:17 GMT
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