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For Companies 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 future.
- 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; RICS qualification preferred with 2-3 years relevant experience.
- Other info: On-site role in London; travel across the UK and Europe may be required.
The predicted salary is between 36000 - 60000 £ 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.
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.
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, especially using Excel. Being able to showcase your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with client relationship management. JLL values strong communication skills, so think of examples where you've successfully managed client expectations or resolved issues.
We think you need these skills to ace Associate - Hotels, Value & Risk Advisory
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in hospitality real estate, valuations, and any specific skills mentioned in the job description. Use keywords from the job posting to align your qualifications with what JLL is looking for.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your understanding of the UK trading hotel operational market and how your background makes you a great fit for the Hotels Value & Risk Advisory team.
Showcase Analytical Skills: In your application, provide examples of your financial modelling and analytical skills. Highlight any relevant projects where you undertook critical analysis or market research, as these are key responsibilities for the role.
Highlight Teamwork and Independence: Demonstrate your ability to work both independently and as part of a team. Include examples of past experiences where you successfully collaborated with others or managed projects with minimal supervision.
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
JLL values teamwork, so be ready to share experiences where you successfully collaborated with others. Discuss how you can contribute to a collegial environment and support team objectives while also working independently when needed.
✨Prepare for Client Relationship Management
Since the role involves client interaction, think about how you've managed client relationships in the past. Be prepared to discuss your communication style and how you handle stakeholder management effectively.
