At a Glance
- Tasks: Manage and optimise a diverse European hotel portfolio while supporting investment initiatives.
- Company: Specialist European hospitality investment management firm with a dynamic team.
- Benefits: Gain hands-on experience, develop skills, and enjoy excellent career progression opportunities.
- Other info: Join a lean, entrepreneurial team where you can make a real impact.
- Why this job: Shape business plans and drive performance in a growing European hotel portfolio.
- Qualifications: Experience in hotel asset management or hospitality real estate; strong analytical and communication skills.
The predicted salary is between 50000 - 70000 £ per year.
A specialist European hospitality investment management firm is seeking an Associate to join its growing team, supporting the active management and value creation of a pan-European hotel portfolio, whilst also contributing to investment and acquisition initiatives.
This is an excellent opportunity for an analytically minded hospitality real estate professional looking to take ownership of assets and play a key role in business plan execution, operational performance and investment decision-making. Working closely with senior members of the business, the successful individual will gain broad exposure across asset management, acquisitions and portfolio strategy within a highly entrepreneurial investment platform.
The successful candidate will combine strong financial and commercial acumen with an excellent understanding of hotel operations and performance drivers. They should be comfortable presenting recommendations to senior stakeholders and confident working with operators, advisors and investment partners across Europe.
Key Responsibilities- Support the asset management of a pan-European hotel portfolio, monitoring operational and financial performance against approved business plans.
- Analyse hotel operating performance, reviewing KPIs including occupancy, to identify opportunities for value creation.
- Support capex programmes, repositioning initiatives and operational improvement strategies across the portfolio.
- Build and maintain financial models supporting asset management initiatives, business plans and investment opportunities.
- Work closely with hotel operators to challenge budgets, forecasts and operational initiatives, ensuring assets are performing in line with investment objectives.
- Assist with acquisitions, underwriting new opportunities, conducting due diligence and preparing Investment Committee materials.
- Produce portfolio reporting, market analysis and strategic recommendations for senior management and capital partners.
- Collaborate with external stakeholders including operators, consultants, valuers and lenders across multiple European jurisdictions.
- Support ESG, business planning and portfolio optimisation initiatives where appropriate.
- Previous experience within hotel asset management, hotel investment, hotel advisory or hospitality real estate.
- Strong understanding of hotel operating metrics and financial performance, including budgeting, forecasting and P&L analysis.
- Hospitality academic background and direct hotel sector experience strongly preferred.
- Confident financial modeller with excellent Excel skills and strong analytical capability.
- Comfortable managing multiple stakeholders across owners, operators and advisors.
- Excellent communication and presentation skills.
- Fluency in multiple European languages is needed.
This is a rare opportunity to join a specialist European hotel investment platform in a role with genuine breadth and responsibility. Rather than sitting solely within acquisitions or portfolio reporting, you will play an active role in shaping business plans, working alongside hotel operators, driving operational performance and supporting investment decisions across a growing European portfolio. It offers excellent long-term progression within a lean, entrepreneurial team where individuals are given significant responsibility from an early stage.
StudySmarter Expert Advice🤫
We think this is how you could land European Hotel Asset Manager - Associate in City of London
✨Get a Taste of the Scene
Try visiting local eateries and asking if they have any full-time positions available. Many hospitality jobs aren’t advertised online, so popping in for a chat can give you an edge and show your enthusiasm!
✨Network at Food Festivals
Food festivals and culinary events are buzzing with industry connections. Attend these to meet restaurateurs and other food service pros; you never know who might be looking for their next star employee!
✨Show Off Your Skills
Create a short video showcasing your cooking or customer service flair. Post it on social media or even send it directly to places you want to work at, like Cobalt Recruitment. It’s a fun way to stand out and demonstrate what you bring to the table!
✨Reach Out Directly to Cobalt Recruitment
Don't be shy about reaching out to Cobalt Recruitment directly through their website. Express your interest in available roles and attach your CV, showing your genuine eagerness to be part of their team. Personal touches can go a long way!
We think you need these skills to ace European Hotel Asset Manager - Associate in City of London
Some tips for your application 🫡
Show Off Your Service Experience:In the hospitality-food-service world, your experience is key! Make sure to highlight any previous roles you've had in restaurants, cafes, or catering. We want to see your customer service skills shine, so include specific examples where you went above and beyond for clients.
Certificates Matter:If you’ve got any relevant certifications, like food safety or bartender training, flaunt them! They can really set you apart from the crowd and show us your dedication to the industry. Just make sure to mention them clearly in your CV or cover letter!
Craft a Genuine Cover Letter:Take the time to write a personal cover letter that reflects your passion for hospitality. Share why you’re excited about Cobalt Recruitment and how your skills can contribute to our team's success. We're after that genuine connection!
Highlight Your Team Spirit:In full-time roles, teamwork is everything! Emphasise your ability to work collaboratively in busy environments. Mention any experiences where you’ve effectively collaborated with colleagues or managed conflicts — it's just as important as your technical skills!
How to prepare for a job interview at Cobalt Recruitment
✨Show Your People Skills
In hospitality, customer service is everything! Be ready to showcase examples of how you've engaged with customers positively. Maybe you turned a tough situation around or went that extra mile for a guest—let’s hear those stories!
✨Know Your Menu Inside Out
Expect some technical questions about food and drink, especially if you're applying for a kitchen or service role. Brush up on the menu items, including ingredients and any potential allergens. If you’ve got any favourite dishes or cocktails, have a little something prepared to discuss, too!
✨Demonstrate Your Team Spirit
Hospitality thrives on teamwork, so think of examples where you've worked well with others in a fast-paced environment. Be prepared to discuss what makes a great team member and how you contribute to a positive working vibe. They’re looking for that 'good fit!'
✨Get Ready for a Practical Test
In full-time food service roles, don’t be surprised if they want to see your skills in action. Whether it's serving a table or prepping a dish, be mentally prepared for a practical test during the interview. Practice makes perfect—a little dry run with friends could give you the edge!
