Savills, one of the leading international real estate advisory firms, is looking for an Associate Director to join our Hotels Capital Markets team in Madrid.
The successful candidate will join a highly experienced team advising hotel owners, investors, developers and institutional capital on hotel investment and corporate finance transactions, with a focus on opportunities across Iberia.
The role combines transaction execution, financial analysis, business development and client relationship management, offering significant exposure to high-profile transactions and both national and international investors.
Key Responsibilities:
- Lead and participate in the execution of hotel investment transactions, including the sale and acquisition of individual hotels and portfolios.
- Analyse and execute investment and divestment opportunities involving existing hotels, conversion opportunities, development projects, plots and operating platforms.
- Participate in M&A and corporate finance transactions across the Hospitality sector.
- Lead and support transaction processes from initial mandate through to closing, including strategy definition, investor approach, negotiations and due diligence coordination.
- Coordinate with internal and external advisors and participate in transaction documentation and closing processes.
Corporate Finance & Financial Analysis
- Develop and review financial models and perform economic and financial analysis of investment and divestment opportunities, including DCF, valuation, returns, scenario and sensitivity analysis.
- Analyse capital structures and investment scenarios, assessing their impact on value creation and investment returns.
- Participate in equity raising, joint venture structuring, debt advisory and other capital solutions within the Hospitality sector.
- Analyse operating performance, market fundamentals, comparable transactions and relevant investment metrics, preparing investment analysis and recommendations for clients and investors.
Business Development
- Contribute to the definition and implementation of the commercial strategy of the Hotels Capital Markets business.
- Identify and develop new business opportunities with hotel owners, institutional investors, private equity funds, family offices, developers, operators and other relevant market participants.
- Build and maintain strong, long-term relationships with existing and prospective clients and investors.
- Participate in business development initiatives, pitches and client proposals, including the preparation and delivery of commercial strategies.
- Monitor market trends, investment opportunities, potential sellers and sources of capital.
Team & Stakeholder Management
- Take ownership of assigned mandates and coordinate multiple workstreams and stakeholders throughout the transaction process.
- Provide guidance and mentoring to junior team members, contributing to their professional development.
- Work collaboratively with other Savills business lines, including Capital Markets, Corporate Finance, Debt Advisory, Valuations, Research and other specialist teams.
- Collaborate with Savills' international network on cross-border mandates and opportunities.
- Participate in client and transaction update meetings, ensuring effective communication and progress throughout each assignment.
Candidate Profile:
- 8+ years of relevant experience in Real Estate, Hotels, M&A, Corporate Finance, Investment Banking or Private Equity.
- Proven track record in real estate transactions, with hotel experience highly desirable.
- Strong financial modelling, valuation and investment analysis skills, with experience in M&A, equity raising, JV structuring and/or debt advisory.
- Strong commercial and business development mindset, with excellent client relationship, negotiation and communication skills.
- Ability to manage multiple projects and work effectively in a fast-paced, international environment.
- Degree in Business, Economics, Finance, Real Estate or related field; postgraduate qualification is a plus.
- Fluent in Spanish and English; French or German is a plus. Advanced Excel and PowerPoint skills.