The Manager, Acquisitions & Development supports the Acquisitions & Development team in the continued growth of the Montage and Pendry brands by analyzing potential acquisitions, conversions, and development opportunities both domestically and internationally.
The pay scale is from $108,000.00 - $115,000.00. The pay scale is the base salary or hourly wage range, exclusive of incentive pay such as commissions, piece rates, gratuities, and the like, that Montage reasonably expects to pay for the position.
- Assist in assessment and review of potential new projects including data rooms, market studies, site plans, etc.
- Underwrite acquisition, development, and management opportunities including detailed operating proformas and complex investment cash flows
- Organize and maintain MI’s database of market data, consisting of internal market research, STR Reports, and feasibility studies
- Maintain database of MI Hotels’ performance levels (revenues and expenses) to be utilized when evaluating the feasibility of hotel opportunities
- Conduct feasibility analysis and market research for new projects and locations including desktop research and data collection on market and comps and draw conclusions on the viability of potential projects under the Montage or Pendry brands
- Bachelor's degree in hospitality, real estate, finance, business, or related discipline
- Nice to have: hotel operating pro formas
- Nice to have: real estate finance concepts
Consultant, Environment & PlanningAurecon · Brisbane, Australia