Leisure & Entertainment Real Estate Jobs

The leisure and entertainment sector within real estate is a very niche segment. It is extremely specialized and very fragmented. Most owners and operators will specialize with a certain property type or sub-sector such as golf courses, amusement parks, sports complexes or resorts. Often times there is a hotel component that may accompany these types of properties that is either managed by the owner of the property or most likely managed by a third party operator. Some of the most well known companies operating in this segment are Starwood Hotels & Resorts as well as Hilton Hotels Corporation. REITs are also very active in this sector. Opportunities within this sector encompass the typical job spectrum from property managers, portfolio managers, acquisitions, dispositions, financing, and development, but any job in leisure and entertainment will require a unique knowledge of the very unique assets within this sector.

Information on this page provided courtesy of Cornell University Program in Real Estate
Information Provided by Cornell University

Professional Reading and Resources

  • "Smith Travel Research reports"
  • "HVS International Research reports"
  • "Journal of Property Investment and Finance"by Brueggeman and Fisher
  • "Real Estate Alert"
  • "The Wall Street Journal"

Looking to the Future

This sector is extremely dependent on discretionary spending and, much like the hotel sector, has been extremely hard hit by the current economic downturn. Also like the hotel sector, the entertainment and leisure sector tends to be a leading indicator and, as seen in the NAREIT returns comparison, the lodging/resort sector tends to show larger, over-exaggerated gains and losses ahead of the gains and losses of the overall index. As such, until the home prices begin to stabilize and jobs begin to come back this sector will continue to struggle. However, as in the past, as the recovery begins this sector will show gains ahead of the overall market, which can already be seen in the 2009 data from NAREIT.

Top Leisure & Entertainment Real Estate Companies

  • Entertainment Properties Trust
  • HMG/Courtland Properties, Inc.
  • Starwood Hotels and Resorts
  • Hilton Hotels Corporation
  • CNL Hospitality Corp.

Sector Quick Facts

NAREIT Returns Comparison




Job Title / Description     Hide Description Company Location Posted
Operations Manager
Objective: Responsible for maintaining high quality maintenance and physical facility operations for the Vancouver office. Reports to: Vice President, Operations, North America Direct Reports: None Job Class: Administrative Classification: Non-exempt Areas of Responsibility: I. ...


Prime Focus BC-Vancouver
(Canada)
8/24/10
Director of Physical Plant
The Smith Center for the Performing Arts is a $470 million LEED certified project currently under construction in Las Vegas, opening in March 2012.  The complex will include a 230,000 sq. ft. building which will house a multi-purpose concert theater, meeting rooms, and office space; a 70,0...


The Smith Center for Performing Arts NV-Las Vegas 8/24/10
Director of Sales and Marketing
A leading international mixed-use developer leads a multi-year effort of Koh Puos Island real estate development project in the Kingdom of Cambodia. Project has high profile in the country, is considered tourist industry-forming by the Royal government, has a unique setting and has b...


KPIG Phnom Penh
(Singapore)
7/17/10

Our Job Site Network

All jobs appear on all these sites

BOMA CCIM CRE Finance Council CREW Network CoreNet Global GlobeSt.com NAIOP NAREIM NAREIT NMHC PREA SelectLeaders SIOR ULI

Job Categories

Jobs by Sector

Jobs by Location

More Links