Matthew 'Matt' C Panosh
Asset Management Analyst, Newport, RI- [email protected]
- +1 (401) 625-5015 (Work)
- +1 (920) 905-4605 (Mobile)
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Qualifications
Matthew Panosh brings over 10 years of operations, revenue management, and financial analysis experience in the hospitality industry to our clients. His experience covers a wide range of asset classes, from a start-up boutique lifestyle brand to a Four Diamond resort. His current role includes performing financial and revenue analysis. Matt is involved in the analysis of the financial statements, the sales and marketing reporting, and the revenue management portions of our Asset Management assignments and consulting.
Testimonials
"We engaged HVS for Asset Management services and within 6 months they turned around our property performance and we were achieving significantly better RevPAR index scores. I would highly recommend HVS for advice and assistance in planning, developing, and operat[ing] a hotel." – Mike Harral, Vice President of Development Wilkinson Corporation
Employment History
Asset Management Analyst
HVS Hotel Management & HVS Asset Management – Newport, Tiverton (Newport), Rhode Island
2019 – Present
Responsible for financial analysis and reporting in all Asset Management assignments. Prepare analysis for consulting assignments and due diligence assistance. Grow the asset management portfolio by finding and developing qualified leads. The company asset manages a diverse portfolio of hotels throughout the country and undertakes consulting assignments including management oversight, receivership services, and operational consulting.
Business Development Consultant
Hana Hospitality, Washington, D.C.
2018 - 2019
Prospected new clients for the firm’s Accounting, Advisory, and Asset Management services. Contributed to the development of the firm’s Asset Management platform (benchmarking model, quarterly reporting templates, client service agreements, etc.). Enhanced the company’s website, LinkedIn page, and overall online presence.
Graduate Hotel (Formerly Dahlmann Campus Inn & Chancellor’s Club), Madison, Wisconsin
2007 - 2017
Various Positions (Noted below with asterisk while managed by Pyramid Hotel Group)
*Assistant General Manager (2017)
Responsible for the operational and financial success of the third property in the new boutique lifestyle brand portfolio, Graduate Hotels. Achieved a 23% GOP increase and 9% RevPAR increase year over year. Grew RevPAR market share by 4.8%. Completed labor productivity, quarterly forecasting, budgeting, and variance reporting. Created a Product Improvement Plan for the guest rooms after an extensive audit. Continued to report directly to the owner, AJ Capital, for various financial and analytical matters.
*Revenue Analyst (2016)
Assisted the Revenue Manager, Director of Sales, and General Manager in maximizing RevPAR. Increased the RevPAR index 42% year over year. Forecast quarterly hotel revenues including segmentation. Completed SWOT analysis for all market segments. Led competitive set tours for regional management leaders and asset managers. Reported directly to the new owner, AJ Capital, for various financial and analytical matters.
Various Positions (Noted below with asterisk while managed by owner Dahlmann Properties)
*Revenue Analyst (2015 – 2016)
Completed weekly revenue reports that included commentary for asset management. Evaluated room rates, inventory, and segmentation strategy to maximize RevPAR. Researched sales leads and negotiated rates for LNR and group contracts. Participated in weekly revenue meetings with asset management and executive team. Reported directly to the owner for various financial and analytical matters.
*Night Manager (2007 – 2015)
Held a supervisory role for overnight hotel operations. Assisted the General Manager with preparation of annual operating budget. Completed daily and monthly income reconciliation. Trained staff in hotel procedures and software systems.
Accountant
The Edgewater Hotel, Madison, Wisconsin
2016 (Six months)
Managed and developed the internal audit and billing processes for a Four Diamond resort. Implemented an S.O.P. for the accounts receivable billing schedules. Developed an action report to track the status of all outstanding accounts. Audited and corrected the Guest Ledger and City Ledger from the opening of the property two years prior. (Left position with Graduate Hotel, then managed by Pyramid Hotel Group for this more upscale hotel in order to improve my accounting and analytical skills.)
Education
Bachelor of Arts in Economics, University of Wisconsin - Madison, 2002
Certificate - Hotel Real Estate Investments and Asset Management, Cornell University
Certificate - Hotel Market Analysis and Valuation, Glion Institute of Higher Education
Honors Received
2019 Rookie of the Year Award – HVS Americas