Real Estate & Asset Management Placement - 12 months - July 2022

by Hilton


Job Details

1st February 2022
Placement Year (10 Months+)
Property/Real Estate
Greater London

Real Estate & Asset Management Placement - 12 months - July 2022

Start Date: July 2022
Duration: 12 Months.
Location: Watford and Glasgow

This is a unique opportunity for an ambitious individual to gain experience within the Real Estate & Asset Management (REAM) International team. This team is responsible for all of Hilton’s real estate and asset management activities outside the Americas. This includes portfolio management activities for nearly 80 owned, leased and joint-venture interests in hotels in Europe, Middle East, Africa and Asia. The mandate of the group is to enhance long term value of the portfolio through appropriate capital investments, restructurings, workouts and acquisitions/dispositions.

Why Work for Hilton?

Hilton is one of the largest and fastest growing hospitality companies in the world, with more than 6,660+ properties in 118 countries and territories. In the 100+ years since our founding, we have defined the hospitality industry and established a portfolio of 18 world-class brands, including our flagship Hilton Hotels & Resorts brand, which is the most recognised hotel brand in the world.

We are consistently endorsed by our employees as a Great Place to Work in all of the countries in which we operate, and for the last five years we have been voted by UK students as the most popular Graduate Recruiter in the Hospitality, Leisure and Tourism sector (TargetJobs Awards 2021)

Hilton Work Perks

In addition to a competitive salary you will also receive a range of excellent benefits - probably the best of which is our Go Hilton Team Member Travel Program. This provides you with access to heavily reduced hotel room rates for you, your family & friends. Perfect for the holiday savvy intern!

In our Watford office you will also benefit from a subsidized canteen, free in- house gym and a games room. You will be part of a cohort of approximately 20 Interns who are spread across various departments, and will be involved in our unique intern programme. This includes monthly meetings and assignments which are designed to support your development.

A bit about the job

As an intern, you will be an integral part of the team and will play an active role in our continued success. You will focus on supporting the process of evaluating long-term asset enhancement opportunities. That includes review of capital investment programs, preparation of supporting schedules and Excel spreadsheets to evaluate/analyse annual capital spend, and identifying/evaluating return on investment opportunities.

Some of the more specific responsibilities you will be taking on are detailed as follows;

  • Support the team in the annual capital expenditure process: Consolidate and analyze submitted capital expenditure requests by hotels. Evaluate best deployment of capital into the respective properties. As necessary perform financial analysis to identify highest return on capital invested.
  • Support annual capital expenditure budget presentation: Consolidate and summarize annual budget to be reviewed by Senior Vice President of Real Estate & Asset Management. Present data in a concise and intuitive way.
  • Provide analytical and evaluative support for strategic assessment of hotel assets and update asset strategy for each property. Work closely with VP Asset Management to identify suitable strategies.
  • Analyse return on investment projects based on NPV and IRR analysis. Individual is expected to be able to underwrite return on investment projects autonomously and to prepare investment memos for the CFO at the end of his/ her internship.
  • As necessary, assist team members in negotiating or restructuring hotel leases with landlords. (A significant portion of the portfolio is operated under long–term leases many of which are expiring or up for rent renegotiation)
  • As necessary, support with a variety of real estate transactions including valuation of joint venture interests, acquisitions /dispositions, renegotiation of joint venture interests, asset work-outs and asset level debt restructurings

What are we looking for?

As with any job, we do have certain criteria that you will need to meet in order to be considered for this amazing opportunity. These are detailed as follows;

  • Must be in the process of completing a Bachelor’s or Master’s degree in a Hospitality field.
  • Must be able to start a full-time internship in July 2022, for at least 12 months.
  • Must be eligible to work in the UK. If you are a non-UK national then you will need to be studying at a UK university in order to be eligible to undertake a placement here.
  • Completed coursework in finance, economics, or related fields
  • Advanced user of MS Excel
  • Strong data analysis, modelling and interpretations skills
  • Excellent interpersonal, organisation and communication skills
  • An additional European language would be useful, although not essential
  • General knowledge of hospitality finance and experience in analysing hotel metrics and reports (P&L statements, STR, etc.) would be preferred.

What next?

If you would like to be considered for this internship please ensure that you submit your application (in English) on or before 14th January 2022. Please bear with us whilst we process your application as we receive a lot of interest and we want to ensure that each applicant is given the consideration he/she deserves.

You’ll be contacted via email by our Graduate Recruitment Team who will inform you of the outcome and (if applicable) next steps. If your application is taken forward, you will be asked to complete a series of online assessments and a video interview.

Beyond the Internship

Whilst we are not always able to guarantee an offer of employment at the end of your studies, we like to keep in touch with our intern community and many have successfully re-joined Hilton upon completion of their degree. To give you a few examples, we currently have former interns working for us in Finance, Marketing, Sales, HR, Procurement… The list goes on!

About Hilton

Hilton is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,600 properties with more than 1 million rooms, in 118 countries and territories.

Dedicated to fulfilling its mission to be the world’s most hospitable company, Hilton welcomed more than 3 billion guests in its 100-year history, earned a top spot on the 2021 World’s Best Workplaces list. Through the award-winning guest loyalty program Hilton Honors, more than 106 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy, plus enjoy instant benefits, including digital check-in with room selection, Digital Key, and Connected Room.

How to apply

To apply for this role and to find out more, please click on the apply button.

Applications may close before the deadline, so please apply early to avoid disappointment.

View More Jobs