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For Companies At a Glance
- Tasks: Lead operational value creation for a portfolio of hotels in the UK.
- Company: Join AccorInvest, a dynamic company with over 20,000 talents and 662 hotels across 24 countries.
- Benefits: Enjoy opportunities for career growth and collaboration with top industry professionals.
- Why this job: Be part of an exciting adventure in hotel management and make a real impact on performance.
- Qualifications: Master/MBA in Hotel Management or Finance; experience in hotel operations or related fields preferred.
- Other info: Fluency in English is required; knowledge of French or Dutch is a plus.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
Learn and develop your career in a brand-new created company!
AccorInvest, it is more than 20 000 talents, with 662 hotels (managed by AccorHotels) in 24 countries.
Our ambition is to accelerate AccorInvest growth through selected asset management operations, increased hotel renovations and new hotel development to consolidate our position as the Leading Hotel Investor, owner & operator in Europe on Economy and midscale segment. Our strengths are Headquarters and in-hotel teams for whom we are striving to deliver a great employee.
We are looking for talented people who want to be part of our adventure and together face our challenges of today and tomorrow!
Mission description
You are in charge of operational value creation by supporting hotel GM’s in their role of employer and by challenging and controlling hotels performances delivered under the supervision of the management company AccorHotels.
You will oversee a designated hotel portfolio of hotels within the UK and report directly to the Head of Portfolio Management / COO of Western Europe.
Main Responsibilities:
– value creation for the designated hotel portfolio by stimulating operational excellence
– employer representative for GM’s and hotel employees
– Ensuring the right implementation of the Hotel Management Agreement with AccorHotels
– pro-active cultivation of the relationship between AccorInvest and AccorHotels by advancing communication between AccorInvest, AccorHotels' operational teams and the general manager through regular meetings (monthly or quarterly, as needed)
– ongoing coordination with the hotel's management on topics relating to performance of the hotel as well as the property (renovation, capex), especially during monthly or quarterly meetings
– working with internal stakeholders (Technical Services, Legal, Finance, Asset Management etc.) in implementing the strategy and creating a shared understanding of the objectives and concerned areas
– ensuring the proper fulfilment of the hotel management agreement within the portfolio
approval of annual operating budget as proposed by the hotel's management (turnover, GOP, IBNOIE, EBITDA etc.)
– managing and coordinating performance assessments together with AccorHotels representatives and observing the operator's performance at the hotels that are part of the area of responsibility
– reconciling the profiles and skills of the hotels' managements with the requirements of the respective hotels (in cooperation with AccorHotels' regional HR teams)
– submission of proposals for a portfolio management strategy and its implementation for the hotel portfolio
– overseeing the integration of newly acquired hotels in collaboration with the manager's representative and/or overseeing operational handover of sold hotels..
The interlocutors
Internal: General Managers (Hotels), all Head Office functions AccorInvest
External: Accor VPOM, HR and other Accor departments
PROFILE
- Master/MBA in Hotel Management or Finance/ Real Estate/ Law or similar
- experience within Technical Services, Legal, Finance or hotel operations
- operational hotel business know-how or know-how within hotel real estate beneficial
- fluent English; French, or Dutch language skills beneficial
- profound knowledge of general Corporate Finance basics (P&L, analytics, cashflow, etc.)
- ability to push projects and advance the collaboration between various stakeholders
- persuasiveness, influencing and negotiation skills
- living in London area or willing to move is a must
Portfolio Manager UK employer: AccorInvest
Contact Detail:
AccorInvest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Manager UK
✨Tip Number 1
Familiarize yourself with the hotel management landscape in the UK. Understanding the key players, trends, and challenges in the market will help you engage in meaningful conversations during interviews and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the hotel and real estate sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the operational challenges they face, which can give you an edge in discussions.
✨Tip Number 3
Brush up on your financial acumen, especially regarding P&L statements and cash flow analysis. Being able to discuss these topics confidently will show that you have the necessary skills to manage the financial aspects of the hotel portfolio effectively.
✨Tip Number 4
Demonstrate your ability to collaborate across departments by preparing examples of past experiences where you successfully worked with diverse teams. This will highlight your interpersonal skills and your readiness to foster relationships between AccorInvest and AccorHotels.
We think you need these skills to ace Portfolio Manager UK
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Portfolio Manager position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant experience in hotel management, finance, or real estate. Emphasize any operational excellence achievements and your ability to work with various stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hospitality industry and your understanding of AccorInvest's mission. Mention specific examples of how you have successfully managed projects or improved performance in previous roles.
Highlight Language Skills: If you are fluent in English, French, or Dutch, make sure to mention this prominently in your application. Language skills can be a significant asset in this role, especially in a diverse company like AccorInvest.
How to prepare for a job interview at AccorInvest
✨Showcase Your Operational Excellence
Be prepared to discuss specific examples of how you've driven operational value in previous roles. Highlight your experience in supporting hotel management and improving performance metrics.
✨Understand the Hotel Management Agreement
Familiarize yourself with the key components of a Hotel Management Agreement, as this will be crucial in your role. Be ready to discuss how you would ensure its proper implementation across your portfolio.
✨Demonstrate Stakeholder Collaboration Skills
Prepare to share instances where you've successfully collaborated with various stakeholders, such as finance, legal, and technical services. This will show your ability to navigate complex relationships effectively.
✨Communicate Your Vision for Value Creation
Articulate your strategy for value creation within the hotel portfolio. Discuss how you would stimulate operational excellence and enhance communication between AccorInvest and AccorHotels.
