Internship Job – Asset Management Department

*6-MONTH INTERNSHIP AT HI PARTNERS ASSET MANAGEMENT DEPARTMENT*

HI Partners offers a 6-month Internship Program in its Asset Management Department to university students or recent graduates in Business Administration, Finance or Hospitality Management. We’re looking for students or recent graduates with an outstanding academic track record and with deep interest in the Hotel industry and asset management.

Interns at HI Partners have the opportunity to participate in all aspects of projects and be assigned to several deals at one time. Due to current growth of the company, interns will assume responsibility from day one and will play an integral role supporting the Asset Management team in deployment of the Asset Management Plan and any other need that may arise on the day to day basis. 

RESPONSIBILITIES

Benchmark Tools: Continuous monitoring of competitor’s operating performance through existing and purposely developed tools.

Active approach to improve performance: Superior revenue management approach to increase relative market positioning, operating cash flow optimization (payroll, outsourcing opportunities, productivity, fixed/variable cost studies, and flowthrough analysis).

Operating Measures Implementation: ROI analysis and scheduling of measures.

Reporting and Monitoring: Detailed budgeting process review and approval, monthly asset management meetings with operators, benchmarking of hotel’s performance against competitors.

Support Asset Managers on the deployment of the Asset Management Plan.

MAIN ASSET MANAGEMENT PLAN ACTIVITIES

Top Line: Revenue Management, price yielding, TO contracts improvements, channel mix optimization, compset performance (STR), public pricing (OTA insight), room categorization and pricing, F&B Outlet efficiencies, average spending, covers, seat turnover, personnel productivity, lease renegotiation, spa & golf analysis, high and best use analysis of retail spaces.

Cost: personnel & payroll, expenses, buyout labour, outsourcing, COGS reduction by volumes and suppliers negotiations, reduction of outsourced services, energy efficiency with and without CapEX, management of property expenses such as insurance, property tax and audits, facility management.

Online reputation analysis (ReviewPro).

Comparables and compset review.

QUALIFICATIONS/ SKILLS/ REQUIREMENTS

Responsible, ambitious and committed to excellence at work.

Excellent academic background and fluency in Spanish and English. Knowledge of the Hospitality Industry would be an advantage.

Strong analytical and numerical skills.

Results-driven, capable to perform well under pressure and meet tight deadlines.

Advanced level of MS Excel and MS Powerpoint.

Strong financial/consulting background, especially in Real Estate and Asset Management. Prior experience in Hospitality Industry would be an advantage.

Superb teamwork skills.

Creative and fresh, coming up with new ideas that would add real value to our business.  

OTHER RELEVANT INFORMATION

Internship to commence ASAP.

Paid internship.

In order to apply for this job position, please send your CV and Cover Letter to jobs@hipartners.es.

COMPANY INFORMATION

HI Partners is a Spanish leading real estate lodging investment platform which creates the best long-term investment opportunities within its owned portfolio. HI Partners delivers superior returns by creating value through a professional, innovative and comprehensive management of our assets backed by a sensible capital structure, a robust management team and a proven business model. 

HI Partners’ portfolio of assets are mainly located in top vacational touristic destinations in Spain and are managed under Hotel Management Agreements subscribed with different class segments operators such as Ritz Carlton, AC by Marriott, Hilton, MÉ by Meliá, Meliá, Grupo Lopesan, Axel, My way, amongst others.

 Further information: www.hipartners.es