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Consulting Associate

3 months ago

Toronto, Ontario, Canada HVS Full time

HVS Hospitality Consulting is on the lookout for graduates from hotel management programs eager to transition from traditional roles into the dynamic realm of hotel consulting and valuation. A bachelor's degree is a prerequisite. Candidates with a strong interest in finance and hotel management are encouraged to explore this opportunity.

Diverse Daily Responsibilities: Our consulting work spans across various hotels and markets in Eastern Canada, ensuring that no two days are the same. If you find yourself weary of the routine in hotel operations, consider revitalizing your career by stepping into the world of consulting and valuation. Our consultants engage with numerous submarkets and hotels, interacting with industry professionals who share a passion for this field. Each day brings new challenges, complemented by comprehensive training and ongoing education in appraisal courses at UBC. The core of our business revolves around market studies, feasibility assessments, and appraisals (valuations), and we provide thorough training for new associates to craft credible analyses and reports that substantiate our findings. This role is ideal for recent graduates with hotel accounting experience seeking a transformative career shift.

Desired Qualifications: Ideal candidates will possess a bachelor's degree and a minimum of six months of experience in the hotel sector. We seek self-motivated individuals who aspire to build a career with opportunities for growth and thrive in a multicultural environment. Candidates with backgrounds as Hotel Revenue Managers or in Hotel Accounting, as well as other hospitality professionals with a numerical inclination, are also encouraged to consider this position.

Key Responsibilities

• Conduct valuations of hotels and other income-generating hospitality properties, along with supply-and-demand assessments.

• Develop forecasts for income and expenses.

• Prepare appraisals, market studies, feasibility reports, and consulting documents.

• Utilize HVS models for analytical purposes.

• Execute fieldwork and property evaluations as required.

Essential Skills and Qualifications

• Fundamental understanding of hotel operations.

• Ability to analyze hotel financial statements and assess economic, lodging, and market trends to generate reliable supply-and-demand forecasts.

• Collaborate effectively within a team to achieve both individual and office goals while maintaining flexibility.

• Organize and prioritize tasks to meet deadlines.

• Willingness to travel, primarily to local markets.

• Proficient verbal and written communication skills in English.

• Strong organizational, analytical, and interpersonal abilities.

• Advanced skills in Excel, along with experience in Microsoft Word and Outlook.

• Demonstrated work ethic, attention to detail, and problem-solving capabilities.

• A valid driver's license is required.

Educational Background and Experience

• Bachelor's degree in hotel or tourism administration.

• Experience in hotel operations ranging from six months to over two years is preferred.

Physical Requirements
The physical demands of this role are representative of those necessary for successful job performance. These include:

• Frequent sitting (e.g., at a computer or during travel for fieldwork); standing desks are available.

Work Environment
The work environment is typical of an office setting, with the need to travel approximately 20%-40% of the time for fieldwork and property inspections, often involving local travel.

Competitive Compensation and Benefits

• Comprehensive health insurance coverage, including long-term disability, dental, and life insurance, with 100% of premiums paid by the company.

• Paid mobile phone service.

• Company-sponsored continuing education, membership in the Appraisal Institute of Canada, and professional development opportunities.

• Participation in annual industry conferences and events.

Equal Opportunity Employer