At a Glance
- Tasks: Identify and secure leases for hotels and accommodations across the UK.
- Company: Join Prism, a fast-growing leader in hospitality technology with a global presence.
- Benefits: Collaborative culture, exciting projects, and opportunities for professional growth.
- Other info: Enjoy team-building activities and a supportive work environment.
- Why this job: Make an impact in the hospitality industry while working on innovative projects.
- Qualifications: 4-7 years in B2B sales or real estate, strong negotiation skills, and fluent French.
The predicted salary is between 50000 - 60000 £ per year.
Prism, formerly OYO, is a global leader in hospitality technology and operates in more than 35 countries with a wide portfolio of brands and offerings. Its key subsidiaries include OYO Vacation Homes — with brands such as DanCenter, Belvilla, and Directbooker in Europe — MadeComfy in Australia, Motel 6 in the USA, Sunday (a premium luxury brand with global presence in the UK, Middle East, and Southeast Asia), and Townhouse (a premium value-for-money brand operating globally). Since its founding in 2013, Prism has become one of the fastest-growing hotel chains in the world, managing over 174,000 hotels and residences with more than 250,000 rooms globally.
The Business Development Manager will be responsible for expanding the accommodation portfolio by securing full or partial property leases. Responsibilities include:
- Identify, contact, and convince hotel owners or managers in the UK to lease their properties to the company.
- Identify high-potential hotels, independent accommodations, family-run hotels, distressed assets, underperforming properties, or those nearing end-of-life cycle.
- Focus on long-term lease opportunities (commercial lease or lease-to-buy).
- Regularly monitor the hotel market, real estate trends, regulatory developments, and industry trends.
- Build and maintain a prioritized target list and keep prospecting databases updated.
- Conduct detailed property analysis (condition, location, legal status, financial performance, value potential).
- Collaborate closely with legal and operations teams to finalize agreements.
- Work with internal teams (legal, finance, technical) to ensure lease completion.
- Update CRM tools and weekly reports.
- Contribute to improving acquisition and leasing processes.
Qualifications:
- 4–7 years of experience in B2B sales, real estate negotiations, or hotel development.
- Knowledge of the UK hotel or commercial real estate market is highly preferred.
- Strong business acumen and excellent interpersonal skills.
- Strong negotiation, persuasion, and long sales cycle management skills.
- Proficiency in CRM tools and strong digital literacy.
- Fluent French required; professional level English required.
A strong culture of collaboration, teamwork, and mutual support, including team-building activities and social events. Exciting projects that push your limits and allow creativity — no room for boredom.
Business Development Manager - Financial in London employer: PRISM
Contact Detail:
PRISM Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - Financial in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Remember, it’s all about who you know!
✨Show Off Your Skills
When you get the chance to meet someone from Prism or any other company, make sure to highlight your experience in B2B sales and real estate negotiations. Share specific examples of how you've successfully closed deals or improved processes — this will make you stand out!
✨Stay Informed
Keep yourself updated on the latest trends in the UK hotel and commercial real estate market. This knowledge will not only help you in conversations but also show that you're genuinely interested in the field and ready to contribute.
✨Apply Through Our Website
Don’t forget to apply for the Business Development Manager position directly through our website! It’s the best way to ensure your application gets noticed and shows your enthusiasm for joining the team at Prism.
We think you need these skills to ace Business Development Manager - Financial in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in B2B sales and real estate negotiations, and don’t forget to showcase your knowledge of the UK hotel market!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the hospitality industry and how your skills can help us expand our portfolio. Keep it engaging and personal!
Show Off Your Negotiation Skills: Since negotiation is key for this role, include examples of successful negotiations you've led in the past. This will show us that you have what it takes to secure those property leases!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at PRISM
✨Know Your Market
Before the interview, dive deep into the UK hotel and commercial real estate market. Familiarise yourself with current trends, key players, and potential opportunities. This knowledge will not only impress your interviewers but also help you answer questions more confidently.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've successfully handled. Be ready to discuss your approach, the challenges you faced, and the outcomes. This will demonstrate your strong negotiation and persuasion skills, which are crucial for the Business Development Manager role.
✨Highlight Team Collaboration
Since this role involves working closely with various internal teams, be sure to share experiences where you collaborated effectively. Discuss how you contributed to team success and how you handle differing opinions. This shows that you value teamwork and can thrive in a collaborative environment.
✨Be CRM Savvy
Brush up on your CRM tool knowledge and be prepared to discuss how you've used these tools in previous roles. Highlight any specific achievements related to data management or reporting, as this will show your digital literacy and ability to keep prospecting databases updated.