Associate - Hotels, Value & Risk Advisory
Associate - Hotels, Value & Risk Advisory

Associate - Hotels, Value & Risk Advisory

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support hotel valuations and market research while collaborating with a dynamic team.
  • Company: Join JLL, a global leader in real estate and investment management, shaping a better world.
  • Benefits: Enjoy opportunities for growth, a supportive culture, and the chance to make an impact.
  • Why this job: Be part of a vibrant team, work on exciting projects, and develop valuable skills in hospitality real estate.
  • Qualifications: Degree level education required; RICS qualification and relevant experience preferred.
  • Other info: Open to applicants who may not meet all requirements; we value your unique contributions!

The predicted salary is between 28800 - 48000 £ per year.

JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.

We are looking for an Associate to join our Hotels Value & Risk Advisory team based out of our London office.

The Responsibilities

  • Supporting valuations of Hotel single assets and portfolios in the UK and Ireland, and other parts of the EMEA region where required, working alongside both the Value & Risk Advisory teams in EMEA and the wider European Hotels Value & Risk Advisory teams.
  • Applying the (Inter)national Valuation Standards as appropriate (RICS, IVSC).
  • Working both independently (albeit under supervision) and as part of a team depending on the project.
  • Undertaking critical analysis of data and market research investigations.
  • Undertaking site inspections throughout the UK and Ireland.
  • Preparing valuation model analysis and reporting deliverables.
  • Creating property, market and location analyses.
  • Organising and ensuring complete folder records, as well as contributing to central databases.
  • Supporting the delivery of revenue targets for the sector.
  • Managing Hotels team valuation models and reporting templates.
  • Taking an active role in the team’s Client Relationship Management activities, including preparing credentials.
  • Working on other non-appraisal advisory projects as required.
  • Communicating and exchanging ideas with other members of staff across Europe.

The Requirements

  • Educated to degree level; a professional hospitality real estate qualification would be an advantage.
  • RICS qualified registered valuer with ideally minimum of 2-3 years’ post qualification relevant experience and/or experience with an international hotel/alternative operator, investment bank, hospitality/alternative advisor or investor.
  • Good knowledge of the UK trading hotel operational market and good understanding of the wider European hospitality market.
  • Collegial and team oriented.
  • Ability to work independently and as part of an EMEA team (depending on project scale) with minimal supervision.
  • Calm and focused under pressure and tight timelines.
  • Excellent financial modelling and analytical skills, with meticulous attention to detail.
  • Outstanding written and verbal communication skills facilitating key client and stakeholder management.
  • Outstanding problem solving, analytical and research skills.
  • Ability to travel throughout the UK and Ireland and wider Europe.
  • Advanced MS Word, MS Excel, MS PowerPoint and MS Outlook required.
  • Desirable: Experience in Salesforce/Capforce, VBA coding, data analytics, and/or BI tools such as Tableau or Power BI.

If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements. We’re interested in getting to know you and what you bring to the table!

Associate - Hotels, Value & Risk Advisory employer: Jones Lang LaSalle IP, Inc.

At JLL, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our London office. Our commitment to employee growth is evident through tailored career development opportunities and a supportive environment where your contributions are valued. Join us in shaping the future of real estate while enjoying the unique advantages of working in one of the world's most vibrant cities.
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Contact Detail:

Jones Lang LaSalle IP, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate - Hotels, Value & Risk Advisory

✨Tip Number 1

Familiarise yourself with the latest trends in the UK and European hospitality market. Understanding current market dynamics will not only help you during interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the real estate and hospitality sectors. Attend industry events or join relevant online forums to connect with people who can provide insights or even refer you to opportunities at JLL.

✨Tip Number 3

Brush up on your financial modelling and analytical skills, as these are crucial for the role. Consider taking a short course or using online resources to enhance your proficiency in tools like Excel, which is essential for valuation tasks.

✨Tip Number 4

Prepare to discuss your previous experiences in detail, especially those related to valuations and client relationship management. Be ready to share specific examples that highlight your problem-solving abilities and teamwork skills.

We think you need these skills to ace Associate - Hotels, Value & Risk Advisory

Valuation Standards Knowledge (RICS, IVSC)
Financial Modelling
Analytical Skills
Market Research
Attention to Detail
Client Relationship Management
Report Writing
Data Analysis
Team Collaboration
Problem-Solving Skills
Communication Skills (Written and Verbal)
Project Management
Proficiency in MS Excel, Word, PowerPoint, and Outlook
Experience with Salesforce/Capforce
Familiarity with BI Tools (Tableau, Power BI)
Ability to Travel

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in hospitality real estate and valuation. Emphasise any qualifications, such as RICS registration, and detail your analytical skills and experience with financial modelling.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that align with the responsibilities listed in the job description, particularly your ability to work independently and as part of a team.

Highlight Relevant Skills: In your application, clearly outline your proficiency in MS Office tools, especially Excel, and any experience with data analytics or BI tools. This will demonstrate your technical capabilities, which are crucial for the role.

Showcase Your Communication Skills: Since outstanding written and verbal communication skills are essential, ensure your application is well-structured and free of errors. Consider including examples of how you've effectively managed client relationships or communicated complex information in previous roles.

How to prepare for a job interview at Jones Lang LaSalle IP, Inc.

✨Know Your Valuation Standards

Familiarise yourself with the (Inter)national Valuation Standards, particularly RICS and IVSC. Being able to discuss these standards confidently will demonstrate your expertise and understanding of the valuation process.

✨Showcase Your Analytical Skills

Prepare to discuss your experience with data analysis and market research. Highlight specific examples where your analytical skills have led to successful outcomes in previous roles, especially in the hospitality sector.

✨Demonstrate Team Collaboration

Since the role involves working both independently and as part of a team, be ready to share examples of how you've successfully collaborated with others. Emphasise your ability to communicate effectively and contribute to team goals.

✨Prepare for Client Relationship Management

Understand the importance of client relationships in this role. Be prepared to discuss how you would approach managing client expectations and building strong relationships, drawing on any relevant past experiences.

Associate - Hotels, Value & Risk Advisory
Jones Lang LaSalle IP, Inc.
J
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