Operational Real Estate & Asset Management Placement

We are thrilled to share this unique opportunity for an ambitious bachelor’s or master’s student to gain experience within our Europe, Middle East & Africa (EMEA) Real Estate & Asset Management (REAM) International team. This team is responsible for all of Hilton’s real estate and asset management activities outside the Americas. This includes portfolio management activities for about 50 leased and joint-venture interests in hotels in Europe, the Middle East, Africa and Asia. The group's mandate is to enhance the long-term value of the existing portfolio through strategic capital investments, opportunistic contract restructurings, and improvement of bottom-line performance. 

From day one, our placement students are fully integrated into Team Hilton. Our placements offer vast exposure and opportunities, such as networking with senior executives, involvement in regional conferences and for some, international travel.  

Based in our EMEA headquarters, Watford, you will be part of a cohort of 40+ Interns and take part in regular connect meetings, short assignments and feedback sessions designed to support your development. You will benefit from a subsidised restaurant, a games area and a free in-house gym.   

The Opportunity  

This internship offers you the opportunity to learn about hotel operational asset management, which should not be confused with financial asset management related to private equity or investment banking. As the EMEA Real Estate & Asset Management intern, you will be an integral part of the team and will play an active role in our continued success. You will focus on supporting the process of evaluating long-term asset enhancement opportunities of existing hotels in our portfolio. That includes review of capital investment programs, preparation of supporting schedules and Excel spreadsheets to evaluate/analyse annual capital spend and identifying/evaluating return on investment opportunities.  

Some of the more specific responsibilities you will be taking on are detailed as follows;  

• Support the team in the annual capital expenditure process: Consolidate and analyse submitted capital expenditure requests by hotels. Evaluate best deployment of capital into the respective properties. As necessary perform financial analysis to identify highest return on capital invested.  
• Support annual capital expenditure budget presentation: Consolidate and summarize annual budget to be reviewed by Senior Vice President of Real Estate & Asset Management. Present data in a concise and intuitive way.  
• Provide analytical and evaluative support for strategic assessment of hotel performance. Work closely with VP Asset Management to identify suitable strategies to enhance value of each property. 
• Analyse return on investment projects based on NPV and IRR analysis. Individual is expected to be able to underwrite return on investment projects autonomously and to prepare investment memos for the CFO at the end of the placement. 
• As necessary, assist team members in negotiating or restructuring hotel leases with landlords. (A significant portion of the portfolio is operated under long–term leases many of which are expiring or up for rent renegotiation).

Why choose us?  

Embarking on our year in industry programme is a transformative journey, encompassing a structured framework of learning and development activities. Here's what you can look forward to:   

• Learning and Development: Interns have access to Hilton University to enhance their skills and contribute meaningfully to ongoing projects.  
• Networking: Our interns can connect with professionals across the business, paving the way for valuable relationships.  
• Feedback and Growth: Regular evaluations and feedback sessions will ensure our interns receive guidance and an opportunity to continually improve.   
• Cross-Exposure: Opportunity to gain insight into another function.  
• Hilton Perks: Including our Go Hilton TM Travel Program, which provides you with access to heavily reduced hotel room rates for you, your family & friends.  
• Salary & Benefits: £24,000 Gross PA & private healthcare. 

What are we looking for?  

• First and foremost, Hilton is a hospitality company, and we are looking for individuals with a strong sense of alignment to our culture and values.  
• Must be a current Bachelor’s or Master’s student studying toward a degree in Economics, Mathematics, Business Management or Hospitality with a required 12-month year in industry placement as part of your degree. 
• Must be able to start on the 7th of July 2025, to work full-time for a 12-month duration.    
• Must be eligible to work in the UK. If you are a non-UK national, without EU Settled or Pre-Settled Status, you will need to study at a UK university to be eligible to undertake a placement here.    
• Must be fluent in English (speaking, reading and writing).   
• You should be able to demonstrate a genuine interest in hospitality as well as a general knowledge of hospitality finance and experience in analysing hotel metrics and reports (P&L statements, STR, etc.) would be preferred.   
• Highly personable, able to demonstrate excellent communication skills and organisation.   
• Must demonstrate strong data analysis, modelling and interpretation skills.    
• An advanced user of MS Excel is essential.   
• An additional European language would be useful, although not essential.  

What is it like working for Hilton?  

Hilton is one of the world's largest and fastest-growing hospitality companies, with 24 distinct brands and over 8,000 locations. 

We have recently been ranked by our employees as #1 World's Best Workplace awarded by Great Place to Work & Fortune.   

We value and celebrate our team members' diversities and individualism and foster a culture of belonging across our organisation. Joining Hilton will give you the opportunity to contribute to our rich culture and give back to the community. Our Team Member Resource Groups in the UK focus on Abilities, Generations, Pride, Women’s and Ethnic representation. You can find details on our Culture page.  

We are an equal opportunity employer and value diversity at our company. We will ensure that qualified individuals with protected disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions of the role. Please contact us to request accommodation.   

CORPORATE PLACEMENTS (hilton.com) 

Selection Process  

Please apply now, applications close on Sunday 3rd November 2024. We receive a volume of applications, therefore please bear with us whilst we process your application as we want to ensure that each applicant is given the consideration that they deserve.   

If successful in your application, you may be invited to complete a digital one-way video interview and an online assessment, this allows us to learn more about you and whether this placement might be a great fit! So, please look out for our email updates, and we encourage you to complete each next step as soon as possible. The EMEA Graduate Recruitment Team will then contact you and inform you of your outcome.  

Good luck, we are looking forward to meeting you!