Financial Analyst Intern
Company Background
Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded hotel real estate investment trust with a portfolio of 46 hotels and resorts. The Company primarily invests in upper-upscale, full-service hotel properties located in major cities in the U.S., with an emphasis on opportunistic investment, redevelopment and the repositioning of high-quality hotel properties in the major coastal markets. For more information, please visit us at www.pebblebrookhotels.com or on Twitter at @PebblebrookPEB.
Responsibilities
Financial Analyst Interns will work alongside Full-Time Analysts on projects in Asset Management, Corporate Finance, Acquisitions, and Curator. Throughout the internship, there will be exposure to Pebblebrook’s SVPs and C-Suite. An ideal candidate will have an interest in all three functional areas and will have a strong willingness to learn about other functions within the company. Each group’s responsibilities include the following:
Asset Management
- Review and analyze monthly operating performance of hotel assets within a specifically assigned portfolio of hotels
- Participate in the planning and execution of capital projects, renovations, repositioning and redevelopment
- Prepare materials for and participate in monthly operations meetings with senior company executives and hotel management
- Manage portfolio operating performance roll-up used in quarterly financial release
- Prepare financial projections, valuations and ROI analyses
- Assist with legal-related issues including leases, management agreements, franchise agreements, etc.
- Conduct benchmarking analyses against other hotels within the portfolio to help identify areas for improvement
- Review and critique annual marketing, operating and capital budgets
Corporate Finance and Investor Relations
- Assist in disseminating quarterly financial information and articulating corporate strategies to Wall Street analysts and investors
- Prepare and coordinate road show presentations for investors, and strategic presentations for the Company’s Board of Directors
- Responsible for REIT valuation model (how Wall Street analysts value REITs), which analyzes the present and future performance of the company and the company valuation
- Responsible for investor relations functions, including preparing press releases, updating and maintaining the company website, creating investor decks and presentations and responding to investor information requests
- Conduct due diligence for and participate in debt and equity raises with institutional investors, lenders and investment bankers
- Establish and manage other proactive analytics such as peer group benchmarking, analysis of macro-economic trends, etc.
Acquisitions
- Evaluate potential hotel acquisitions by creating financial pro-forma projections, assessing capital requirements and analyzing the returns to the REIT, including sensitivity analyses
- Produce investment memorandums for board and joint venture approval
- Research markets and synthesize data to analyze investments
- Assist in due diligence and property closing functions
Education and Experience
Completed Junior Year in Bachelor of Arts or Bachelor of Science degree program required. Preferred candidates have a major in hotel administration with a real estate focus, prior real estate experience, and strong academic record and quantitative skills.
Skills/Abilities
- Interest in all facets of the business including asset management, corporate finance and acquisitions
- Strong analytical and computer skills, with an emphasis on MS Excel and MS PowerPoint
- Highly developed verbal and written communication skills
- Ability to work both as part of a team and independently
- Strong attention to detail
- Strong written, verbal and interpersonal skills a must, to interact with groups internally and externally, including senior executives
- Ability to multi-task various projects to hard deadlines, including prioritizing and time-managing recurring duties and ad hoc tasks as they arise
Compensation
Interns receive a weekly salary.