Director of Hospitality Market Analytics, Midwest & Northeast
Job Description
OVERVIEW
CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.
We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.
CoStar is the global leader in commercial real estate information, analytics and news. Commercial Real Estate industry professionals around the globe use CoStar to access the most comprehensive data to make decisions with confidence. CoStar delivers immediate, verified commercial real estate information on over 5.9 million properties across every market.
Learn more about CoStar (https://www.costar.com/about) .
ABOUT THE ROLE
CoStar is seeking a Director of Hospitality Market Analytics to join our growing analytics organization. The selected candidate will be CoStar’s subject matter expert on hospitality trends in the Midwest and the Northeast, with responsibility for providing analytic content (listed below) focused on these regions. The Director will play a key role as a client- and industry-facing representative of CoStar and be responsible for delivering CoStar’s view of the market and the outlook.
The position will be based out of one of CoStar’s office locations in the Midwest or Northeast, to include Baltimore, Boston, Chicago, Philadelphia, New York City, Richmond, or Washington, DC, in an optional hybrid work environment.
RESPONSIBILITIES:
Working with the National Director for Hospitality Market Analytics, the Analyst will maintain and deliver frequent in-person market updates to CoStar Market Analytics clients and industry groups, focusing on economic trends and themes within the Northeastern and the Midwestern Hospitality sectors
Responsible for analyzing market data and drawing insightful conclusions by utilizing all the data available at CoStar and STR to manipulate, aggregate and organize this data to uncover trends, patterns and other insights of interest to the Hospitality industry
Maintain well-written, timely product market and sub-market reports that includes relevant, insightful, and thought-provoking Hospitality industry commentary
Produce video updates on key markets, working with CoStar’s video production team, as requested .
Translate analysis and insights into meaningful presentations and deliver them to the market via webinar or in person
Speak to the local press about hospitality trends
Write hospitality-related articles for CoStar News summarizing key trends and performance themes that are of interest to market participants
BASIC QUALIFICATIONS:
Bachelor’s degree in relevant field required
12+ years of work experience in Hospitality industry
2+ years of experience providing data insights and analysis within the Hospitality industry
Willingness to travel to the main Northeastern and Midwest markets for in-person presentations to clients
PREFERRED QUALIFICATIONS:
Demonstrated writing skills and ability to write effectively in large volumes
Strong data and analysis skills, including Excel and SQL data manipulation skills. Proven ability to formulate and test hypothesis about trends in the market.
Hospitality Capital Markets background preferred
Expert MS Office Skills
Polished presentation and communication skills. Comfortable talking and presenting to others, often to large groups of industry practitioners
Strong work ethic, self-starter and be able to work in a team environment
Client orientation, a desire to help clients succeed.
Comfortable presenting on camera.
WHAT’S IN IT FOR YOU?
When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.
We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.
Our benefits package includes (but is not limited to):
Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
Life, legal, and supplementary insurance
Virtual and in person mental health counseling services for individuals and family
Commuter and parking benefits
401(K) retirement plan with matching contributions
Employee stock purchase plan
Paid time off
Tuition reimbursement
On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups
Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks
We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing
Founded in 1987, CoStar Group, Inc. (Nasdaq:CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces.
CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. CoStar data powers the $17 trillion world of real estate – delivering the sale, lease, property, tenant, contact, reporting and industry information that makes connections happen. We help our clients make smart investments and decisions. Eighty-three percent of the nation’s commercial real estate transactions involve a CoStar subscriber, and the top 95% of the leading 1,000 brokerage firms use CoStar to inform their decisions.
We also help create lasting experiences through our family of marketplaces. In addition to CoStar, CoStar Group brands and marketplaces include LoopNet, Apartments.com, BizBuySell, and Lands of America – collectively attracting more than 25 million monthly unique visitors. The Apartments.com Network is the nation’s #1 most visited apartment listing network, with 45 million monthly visits, allowing renters to find their perfect homes. LAND.com connects landowners to their perfect properties, spots and open spaces. BizBuySell allows small business owners to bring their dreams to life. And LoopNet connects investors, sellers and brokers with clients who fall in love with their properties.
Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Toronto, Canada with a staff of approximately 3,700 worldwide, including the industry’s largest professional research organization.
CoStar is committed to creating a diverse environment and is proud to be an equal opportunity workplace and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. CoStar is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.costargroup.com/careers as a result of your disability. You can request reasonable accommodations by calling 1-855-840-1715 or by sending an email to [email protected] .
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