Manager, Transactions & Asset Management – Atlanta or Miami [Bilingual, Spanish Required]
Hotel Brand:
Location: United States, Georgia, Atlanta
United States, Florida, Miami
Hotel: Corp Atlanta Ravinia, Three Ravinia Drive, Suite 100, 30346
Job number: 134375
Support the Transactions & Asset Management (“TAM”) team, a part of the Americas’ Development group, which focuses on strategic and critical projects to ensure IHG retains and grows its estate of management contracts and license agreements (together, the “Contracts”). These Contracts are the assets of the company that TAM is charged with managing by maintaining and enhancing the assets’ value to IHG. TAM activities include coordinating efforts to maintain existing Contracts, resolving existing and new Contract issues, driving IHG’s investment in strategic initiatives, working on IHG’s distressed asset portfolio while balancing the needs of internal IHG stakeholders as well as those of owners, third-party managers, lenders and master/special servicers. This role includes supporting due diligence efforts, negotiating Contracts, following up on deal particulars, and coordinating deal terms with Brand Management, Regional Operations and Finance.
Your day to day
Manage and/or support a large volume of projects simultaneously with various project leaders within a complex matrix organization. These projects may include the following:
- Work directly with owners to relicense or renew existing IHG agreements in the MLAC region as they approach expiration.
- Undertaking initiatives to protect, and enforce IHG’s rights under various Contracts, including efforts to track and retain strategic hotels within the IHG estate.
- Ensuring third-party ownership changes do not cause a change in brand representation for strategic IHG hotels. These efforts include tracking for-sale assets, developing and maintaining excellent broker relationships, sourcing buyers, and facilitating the transaction.
- Working with Development, Brand Management, Quality Evaluation team, Regional Operations, Legal and Finance on appropriate capital investment and business development strategies.
- Identifying value-accretive opportunities within the existing asset base, including rights of first offer and rights of first refusals (“ROFO/ROFR”), and implementing strategies to unlock such value such as leveraging ROFO/ROFR to gain control of transactions.
- Coordinating with various internal groups to provide research and support for presentations. Reviewing the project as appropriate with Legal, Regional Operations, Brand Management, and Development to ensure the presentation appropriately represents IHG’s strategy and objectives.
- Participating in strategic IHG initiatives including investments behind new brand rollouts and investments in target markets to support IHG brand growth.
What We Need From You
- Bilingual Required: Spanish/English
- Bachelor degree in Hotel Administration, Business, Finance or related disciplines or an equivalent combination of education and work-related experience.
- 5-7 years’ progressive, hotel-focused work experience in real estate, development, acquisitions, feasibility, investment analysis, and/or lending. Experience working on significant and complex hotel real estate projects including deal structuring, with proficiency in multiple skills related to the position. Demonstrated proficiency in multiple skills related to the position. Working knowledge of hotel pro formas and investment analyses as well as hotel Contracts essential.
This candidate must be a good communicator, able to work independently, manage a large volume of projects, and think outside of the box to resolve critical and complex problems. Specific skills include:
- Ability to multitask and function within a global organization
- Experience supporting multiple projects and project teams including timely completion of projects and effective communication of results/findings.
- Ability to work independently and with minimal supervision across a global organization.
- Strong analytical and problem solving skills. Ability to analyze and draw conclusions from complex financial, statistical and market/sales data. Proficiency in paying attention to details.
- General understanding of modelling hotel proformas and investment analyses.
- Exposure to reviewing and negotiating business terms within hotel Contracts.
- General knowledge and understanding of the following hotel-related areas: investor practices, capital markets, purchase and sale agreements (“PSAs”), property-level operations and real estate markets.
- Excellent communication skills including strong writing ability and extensive experience preparing effective PowerPoint presentations.
Location: Atlanta, GA or Miami, FL area based role; NOT remote. Our hybrid work structure is an expectation of three days a week in the Atlanta GA office. This expectation may be adjusted to evolve with the changing needs of the business.
The salary range for this role is $58,834.00 to $110,000.00. This role is also eligible for bonus pay. In addition we offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401k, and any other benefits to eligible employees.
Note: The salary range listed is he lowest to highest pay scale we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors, including relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs. No amount of pay is considered to be wages or compensation until it is earned, vested, and determinable. The amount and availability of any bonus, commission, or other form of compensation allocable to a particular employee remain in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
#LI-YM1 #Hybrid
Who we are
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Important information:
- The salary range listed is the lowest to highest pay scale we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors, including relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.
- No amount of pay is considered to be wages or compensation until it is earned, vested, and determinable. The amount and availability of any bonus, commission, or other form of compensation allocable to a particular employee remain in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
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- IHG does not accept applications, inquiries, or unsolicited CVs/resumes from staffing or recruiting agencies. Please click here for our agency policy.