Associate, Strategy and Development

Job Description

Job Description

Headquartered in New York City, located in the heart of Midtown Manhattan, our Loews Hotels & Co Home Office teams support our properties throughout the United States. Our talented teams provide guidance over strategic planning, operations, revenue management, communications, sales, development, brand marketing, finance, human resources and information technology.

Who We Are : Founded in 1960, Loews Hotels & Co operates iconic hotels and resorts across the U.S. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.

Growth and belonging start here ; you'll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role-from Guest Services to Finance, Culinary to IT-offers opportunities to grow and make a meaningful impact.

Creating a Team Member experience where you belong no matter what age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.

What We Offer :

• Competitive health & wellness benefits, 401(k) & company match

• Paid Sick Days, Vacation, and Holidays, Paid Bereavement, Paid Pet Bereavement

• Training & Development opportunities, career growth

• Tuition Reimbursement

• Pet Insurance

• Team Member Hotel Rates, other discounts, perks and more

What We're Looking For :

We are seeking a highly motivated individual to join our dynamic Strategy & Development team. This role reports to the Senior Director, Strategy & Development and plays a key role in developing growth strategies, evaluating capital projects, analyzing financial performance, and working on debt financings for the organization. Working closely with senior executives, the Associate, Strategy & Development supports investments in acquisitions and new hotel developments as well as strategic pathways across multiple areas of the firm including corporate strategy, potential divestitures, corporate finance, and other special projects, all while gaining experience and exposure in the hospitality industry.

Who You Are :

• Hardworking, driven individual who is excited to learn and comfortable asking questions

• Strong communicator who can transform intricate concepts into clear, actionable insights, skilled in both regular, informal check-ins as well as formal investment presentations

• Meticulous organizer with impeccable attention to detail

• Analytical dynamo who can leverage quantitative and analytical problem-solving abilities with a strong command of financial modeling

• Proactive, takes initiative, supports strategic priorities, owns projects from start to finish, consistently delivering outstanding results

• Veterans and military spouses encouraged to apply

What You'll Do :

Strategy & Financial Planning

• Work with senior executives on major strategic decisions and special projects

• Effectively communicate strategic updates by developing compelling presentations

• Analyze and track performance of properties and the Company

• Support communications with the Board of Directors and with Loews Corporation

New Hotel Development and Acquisitions

• Evaluate new investment opportunities for Loews Hotels & Co

• Perform strategic and quantitative analyses, conduct due diligence, and determine appropriate company and/or project valuation

• Independently execute primary and secondary research on markets and projects

• Coordinate with partners and other key stakeholders

• Cover transactions from deal sourcing through execution, approval, and opening

Corporate Finance

• Analyze opportunities for debt financing at both new hotel projects and for our existing hotel portfolio and assist in the execution of those debt financings

• Manage monthly reporting for executives related to new investment and debt activities

Additional Responsibilities

• Attend all required meetings and/or training sessions and maintain regular attendance in compliance with Loews Hotels & Co standards

• Comply with required departmental and company policies, procedures and service standards and safety regulations and procedures

• Perform other duties as assigned

Your Experience Includes :

• Undergraduate degree required

• 1-3 years of relevant experience required; prior investment banking preferred: also open to consulting and/or commercial real estate firm experience

• Financial modeling skill preferred

• Strong Microsoft Office skills, Excel, PowerPoint, Outlook, Word, and Teams

• Ability to effectively communicate, both verbally and in writing, with all levels of employees and guests in an attentive, professional, courteous and service-oriented manner

• Strong organization and time-management skills with the ability to maximize efforts towards productivity, and meet deadlines

• Ability to juggle multiple tasks & projects with superb accuracy in a fast-paced environment

• Ability to work with different personalities/work styles and adapt to the changes and needs of the company

• Must be capable of working independently as well as collaboratively, take a proactive approach, and anticipate needs

• Flexibility and adaptability to changing priorities and deadlines

• Ability and willingness to travel approximately 10% of the time/one two-day trip per month

Salary range for this position, based on experience, is $100,000.00 to $125,000.00.

Loews Hotels & Co is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances.