Job Details

We are seeking a highly quantitative, analytically curious Development Forecast Analyst who thrives at the intersection of data, strategy, and real-world decision making. In this role, you will design and maintain multi-variable forecasting models that inform development strategy, investment decisions, and long-range growth planning.

You'll work closely with Development Managers and cross-functional partners, translating complex datasets into clear, actionable insights that support site selection, deal evaluation, and portfolio growth. This role is ideal for someone who enjoys building robust models, testing assumptions, and continuously refining forecasts to reflect changing market conditions.

If you are a detail-oriented problem solver who values precision, intellectual rigor, and collaborative impact, this is an opportunity to shape development outcomes through data driven foresight.

This is an in-office position located in Spartanburg, SC. The compensation range for this role is $60,000-$75,000 annually plus annual bonus potential

Job Title: Development Forecast Analyst

Location: Spartanburg, SC

Role Type: Strategic-Technical / Limited Administrative

We are pleased to announce a wonderful opportunity for a Development Forecast Analyst.

We are seeking a quantitatively-minded Analyst to serve as the 'intelligence hub' for our development team. This role is a two-fold position designed for someone who can build multivariable forecasting models while simultaneously supporting Development Managers in the execution of complex hotel development projects.

You will have primary ownership of our department's cost-forecasting engine, turning market volatility into actionable data while helping push projects from pre-development through to closing.

What will you be doing most days?

Quantitative Analysis & Data Science (Primary Focus)

• Predictive Modeling: Utilize R (or similar statistical environments) to maintain and evolve multivariable regression models for construction pricing.
• Market Intelligence: Monitor global and local commodity trends to publish a Quarterly Department Newsletter highlighting material pricing and industry forecasts.
• Visual Intelligence: Build and maintain Power BI dashboards to track project health and visualize budget-vs-actual variance for executive leadership.
• Efficiency Analytics: Mine internal databases to identify opportunities for improved efficiency and cost-saving trends.

Project Development & Execution Support

• Pre-Development: Research new project utilizing Forma and manage the organization of critical Due Diligence documents.
• Permitting: Assist Development Managers in navigating the entitlement and permitting process with local municipalities.
• Contract Management: Work with in-house legal to maintain and update contracts for design professionals and contractors.
• Project Closing: Manage closing checklists, document execution, and facilitate 'lessons learned' sessions to improve future modeling accuracy.

Department Operations

• Systems Implementation: Lead the rollout and management of new departmental software systems.
• Department Reporting: Prepare essential monthly performance and financial reports.
• Operational Support: Manage department calendars, meeting schedules, and basic financial reconciliation (cost coding and check requests).

What are the requirements for this position?

• Mathematical Depth: A degree in Mathematics, Finance, Economics, Computer Science or a related field with a strong grasp of statistical modeling.
• Technical Stack: Proficient in R for statistical computing and Power BI for data visualization. Expert-level Excel skills are a must.
• Detail-Oriented: A proactive approach to managing document execution and closing checklists.
• Communication: The ability to translate complex 'Math' into clear, concise takeaways for the development team.
• Industry Knowledge: Familiarity with real estate development, zoning, and construction processes is a plus.

Why Join Us?

• Autonomy: We value your analytical insights and keep administrative 'busy work' to a minimum.
• Visibility: Your models and newsletters will directly influence multi-million dollar investment decisions.
• Growth: Gain a 360-degree view of the development lifecycle, from high-level data modeling to the final project closing.

Physical Requirements for this Position

You must be able to walk and stand for extended periods of time as the job dictates.

Travel Requirements

This role requires up to 30% travel. Travel is outside the local area and overnight. This includes occasional site visits/meetings.

About OTO Development

OTO Development is an industry-leading hotel development and management company. Partnering with the strongest brands in hospitality, OTO owns and operates a portfolio of upscale select service, extended stay, and lifestyle hotels in key markets across the United States.

OTO has been honored as Developer of the Year by major brand partners multiple times while also earning accolades for outstanding guest service, operational excellence, community service, and sales, marketing, and revenue success.

Our company provides competitive pay and benefit programs, including medical insurance options, dental and vison insurance, 401k with company match, company provided life insurance, tuition assistance, paid time off, paid holiday time, travel discounts, and more.