Senior Manager, Feasibility

EXPECTED CONTRIBUTIONS

• Evaluates potential new hotel development projects accurately preparing pro formas of proposed transactions and presenting to senior executives. In addition, this individual will work on select valuations and financial analyses. Projects will be moderate to complex in scope.
• Assists Development in pre-screening markets and market planning activities.
• Prepares work plans for feasibility studies.
• Leads franchised/managed feasibility studies (both desk-based and field-based) including:
  • Gathering market data by conducting interviews with external resources (city officials, competitive hotels, etc. ) and assess appropriateness of potential hotel sites;
  • Project data for proposed projects (e.g., occupancy, average room rates, etc.) and assess impact of projects on existing Marriott products;
  • Compile financial comparables to be used in development of financial pro formas.
• Prepares analysis and pro-formas for more complex Americas Asset Management projects.
• Leads/supports analysis including gathering and synthesizing current state data, understanding and modeling future state proposals, and developing presentations that compare data, highlight risks and focuses on qualitative and quantitative issues.
• Supports the evaluation of potential merger & acquisition opportunities within the Continent accurately preparing pro formas and presenting to senior executives.

CANDIDATE PROFILE
KEY TALENTS AND EXPERIENCE

• Minimum of 7 years relevant work experience including hotel operations, hospitality consultant, or relevant experience requiring complex data analysis and financial modeling in a market analyst role.
• Strong analytical skills with a solid understanding of hotel operating statements and financial concepts (NPV, IRR, cost of capital).
• Ability to organize and interpret complex, detailed hotel market information and present analytical results in manner appropriate for senior management decision-making (both orally and in writing, in memos or presentation format).
• Ability to manage multiple projects, and work both independently and as part of a team to include leading 1-2 staff on a project.
• Excellent interpersonal skills; able to maintain effective relationships with internal and external customers
• Ability to work effectively in a collaborative work environment
• Strong spreadsheet and word processing software skills
• Exceptional communication skills, creating an environment allowing timely information flows throughout the organization
• Willingness to travel (20-30%)

EDUCATION AND PROFESSIONAL CERTIFICATION

• Baccalaureate degree in Hospitality related discipline, Finance or Accounting required

The salary range for this position is $108,300 to $172,600 annually. Marriott offers a bonus program, comprehensive health care benefits, 401(k) plan with up to 5% company match, employee stock purchase plan at 15% discount, accrued paid time off (including sick leave where applicable), life insurance, group disability insurance, travel discounts, adoption assistance, paid parental leave, health savings account (except for positions based out of or performed in Hawaii), flexible spending accounts, tuition assistance, pre-tax commuter benefits, other life and work wellness benefits, and may include other incentives such as stock awards and deferred compensation plans. Benefits and incentive compensation may be subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions.

The compensation and benefits information is provided as of the date of this posting. Marriott reserves the right to modify compensation and benefits at any time, with or without notice, subject to applicable law.

Marriott International is an equal opportunity employer.We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture.We are committed to non-discrimination onanyprotectedbasis, such as disability and veteran status, or any other basis covered under applicable law.

Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work, beginyour purpose,belongto an amazing global team, andbecomethe best version of you.