Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the Caribbean. Highgate’s portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate also has the creativity and bandwidth to develop bespoke hotel brands and utilizes industry-leading proprietary revenue management tools that identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team consisting of some of the industry’s most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in London, New York, Dallas, and Seattle.
Location
Highgate Corporate Offices Irving, TX
OverviewWe are looking for Intern that want gain incredible experience with our Acquisitions & Development team. You will gain first hand experience with evaluating, underwriting and assisting with new hotel acquisition and management opportunities. This key individuals will be a confident, team-oriented and hard-working individual with a passion for hotel real estate and the hospitality industry. He/she will interface as a credible, responsive, strong and effective member of the corporate team. The key objective is to deliver on the company’s strategic growth plans by processing and evaluating new deal flow in an efficient and professional manner while leveraging all internal and external resources.
Responsibilities Assisting in the preparing of financial projections for hotel management, revenue management and acquisition opportunities. Collaborate with various internal departments to develop detailed underwritings that include market segmentation and staffing assumptions.Conduct market research to support key assumptions, including but not limited to reviewing Smith Travel Research reports, analyzing historical and future room supply and demand generators.Prepare presentations to support the deal process, including RFP responses and pitch decks. Researching ownership groups, operating companies and markets for new management and investment opportunities.Qualifications Open to candidates having completed their junior year of college and they should have a concentration in hotel real estate finance.Highly motivated, disciplined and resourceful individual who is detail orientedStrong analytical, financial modelling, problem solving, decision making, and organization skillsThe ability to multi-task in a high-paced environment Advanced Microsoft Excel and PowerPoint skillsCompetency in hotel business plan underwriting and diligenceFamiliarity with The Uniform Systems of Accounts and financial analysisUnderstanding of Smith Travel Research STAR and Trend reportsExcellent verbal and written communication skill
Salary : $20/hr for 4o hour perweek / 10 weeks
Highgate Hotels, L.P. is an Equal Opportunity Employer and maintains the policy of recruiting and retaining the best-qualified personnel who demonstrate the ability to perform competently and work well with others. It is the policy of Highgate Hotels to provide equal employment opportunity regardless of race (including traits historically or culturally associated with race, such as hair texture and protective hairstyles), religion (including religious dress and religious grooming), color, age (40 and over), genetic information, disability (mental and physical), medical condition (as defined under state law), national origin (including language use restrictions and possession of a driver’s license issued under section 12801.9 of the California Vehicle Code), ancestry, sex (including gender, gender identity, gender expression), sexual orientation, marital status, familial status, parental status, domestic partner status, citizenship status, pregnancy (including perceived pregnancy, childbirth, lactation, or pregnancy-related conditions), military caregiver status, military status, veteran status, or any other status protected by federal, state, or local law. This policy of nondiscrimination is applied to all aspects of the employment relationship. The Company complies with the Americans with Disabilities Act (ADA) and applicable state and local laws in ensuring equal opportunity and employment for qualified persons with disabilities. We also consider qualified applicants with criminal histories, consistent with legal requirements.The following link provides more information regarding the Federal laws prohibiting discrimination in employment: EEO is the Law – Notice of Applicant Rights Under the Law.