LW Hospitality Advisors

Anyone have experience with them or know much about the firm? I am trying to break out of the office sector and applied to a senior associate role. I don't have hospitality experience but have good RE development experience, so not sure all what to expect.

Job description is below:

Research

• Market research of demographics, business/industry and top employers in the area, status of residential and office markets. The associate must garner an understanding of the dynamics of a market and be aware of any new developments or significant changes occurring.
• Research of municipal laws including zoning restrictions/requirements and property taxation methodology

Inspection / Site Visit

• Visit the hotel assigned, tour the asset and meet with the onsite management staff
• Tour the hotel’s market, including major demand generators, municipal offices, and competitive hotels
• Interview/speak with local professionals (including brokers, hotel management, zoning officials, etc.) in order to learn about the market

Analysis

• Compile financial projections via Excel-based modeling; this includes review of documentation provided by the client, data input into the model, comparable analyses and forecasting.

Report

• Utilize all research and financial modeling to write a detailed report for the client explaining findings and rationale

Ideal Candidate – Experience/Qualifications

Bachelor’s Degree from an accredited university

• Preferable majors include: Hospitality Management, Real Estate, Finance

Certified General Appraisal License is preferred (if not, willingness to obtain license is expected)

Past Work Experience

• Preferable fields: Hotel Operations, Hotel Revenue Management, Real Estate Finance/Consulting, Hotel Development/Consulting, Valuation/Appraisal
• Title will be commensurate with years of relevant experience
• Associate Level: Minimum 1-2 years professional experience
• Senior Associate Level: Minimum 2-4 years professional experience
• Vice President Level: Minimum 4-7 years professional experience

Advanced Excel Knowledge

Ideal Candidate – Qualities / Skills

• Excellent writing skills; each assignment will require a written report deliverable to client. Reports must be well-crafted and professionally written.
• Excellent communication skills; an associate will be interacting directly with clients, hotel owners/developers/management, and various other industry professionals.
• Professionally mature individual
• Thoughtful & diligent worker with excellent follow-through
• Energetic self-starter who is eager to learn and desires to fully grasp concepts
• Interest in Hotels; penchant for Finance
• Ability to travel domestically 15-25% of each month