Research Analyst, Development Planning & Feasibility EMEA

Marriott Hotels Resorts; City Of London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A global hospitality company is seeking a Research Analyst in Development Planning & Feasibility EMEA, based in London. This role involves conducting market research, preparing financial analyses, and collaborating with various teams to facilitate profitable growth. Ideal candidates will hold a Bachelor's degree and have relevant experience in the hospitality industry, excellent communication skills, and proficiency in Microsoft 365 tools.

Benefits

Diverse workforce

Inclusive environment

Qualifications

• Minimum of 2 years of relevant work experience in the hospitality industry.
• Full command of American business communications format and style.
• Knowledge of hotel operating statements and market analysis experience.

Responsibilities

• Conduct in-depth research and analysis of hotel markets.
• Prepare financial analyses and project valuations.
• Assist in feasibility studies for Marriott lodging products.

Skills

Research and analysis

Financial analysis

Excellent verbal and written communication

Market analysis

Proficiency in Microsoft 365

Understanding of hotel operations

Education

Bachelor's degree in hospitality or finance

Tools

Microsoft 365 suite

Power BI

Job description

Description

POSITION SUMMARY

The Research Analyst Development Planning & Feasibility EMEA will be responsible for conducting in-depth research and analysis on hotel markets across Europe Middle East and Africa to facilitate the delivery of profitable growth for Marriott International. The Research Analyst will also prepare financial analyses and valuations of proposed projects which can be new build conversions adaptive reuse repositioning of existing hotels etc. These markets and economic evaluations are instrumental to achieving Marriott Internationals long-range growth strategy.

The position of Research Analyst in Development Planning and Feasibility requires an understanding of the hotel industry and the development process.

This role reports to Director Development Planning & Feasibility.

SCOPE

As a part of the Development Planning & Feasibility team the Research Analyst acts as an in-house market expert advising various departments namely Development Asset Management and Operations as well as frequent cross-discipline collaborations to help facilitate decision making by providing a non-biased market insight and financial analysis.

• Associates in multiple disciplines such as Development Operations Business Analysis Asset Management other Finance disciplines Legal Global Design Brand and Revenue Management.
• Professionals at firms outside of Marriott such as HVS JLL C&W etc. and senior personnel with other lodging businesses.
• Third-party developers operators franchisees.
• Location requirements: The Research Analyst Development Planning & Feasibility EMEA to be located at the London office.
• Language Requirements: High proficiency (speaking reading and writing) in English is required. Proficiency in additional languages including but not limited to German Spanish Italian or French preferable.
• Travel Requirements: Business travel required initially limited to less than 5% increasing in frequency over time.

EXPECTED CONTRIBUTIONS

• Assist in preparing feasibility studies for all Marriott lodging products including :

  Gathering relevant market information as well as performing other primary market research in regard to economic demographic and urban development trends and competitive lodging market performance (depending on the opportunity being studied this may require visiting proposed hotel markets).

• Assisting in the assessment of the appropriateness of potential hotel sites and opportunities for converting existing hotels to MI brands.
• Analyzing market information and forecast occupancy and average room rates for proposed projects.
• Compiling financial comparables to be used in creation of financial pro formas as needed.
• Interacting with appropriate Marriott personnel in Development Operations Business Analysis and other Finance disciplines Brand Global Design Revenue Management and Legal.
• Preparing concise written documentation that presents the findings and conclusions for each project.
• Perform franchise contract valuations and investment analysis to determine the financial and economic viability of proposed projects.
• Support more senior Feasibility associates notably in analyzing complex franchised and managed deals.
• Contributes to the teams knowledge base through specific and targeted assignments in relevant areas of interest.
• Respond to solve and make decisions on standard / routine business requests with limited risk.
• Carry out his / her responsibilities independently and contributing to team department and / or business results.
• Assist the team in achieving business results by :
  • Utilizing technical knowledge and skills to enhance business processes.
  • Establishing priorities for self and where appropriate others.
  • Prepare and assist with internal and external business meetings with key stakeholders.
  • Allocating own time effectively to meet goals in a manner that does not disadvantage other associates or groups.
  • Contributing to the department as appropriate.
  • Demonstrates an awareness of personal strengths and areas for improvement and acts independently to improve and increase skills and knowledge.
  • Maintains knowledge of the latest trends and events in the hospitality industry in general and particularly across EMEA by :
    • Reading current publications.
    • Attending educational and / or industry seminars or conferences.
    • Monitoring the economies and the hotel sector in key markets and sharing learnings with the group.
    • Networking with hospitality industry members.
• Performs other duties as appropriate.
• Complies with Marriott International policies and procedures.
• Performs all work duties in an ethical honest manner to ensure the Companys integrity as well as self-integrity.
• Performs other duties as appropriate.

CANDIDATE PROFILE - KEY TALENTS AND EXPERIENCE DESIRED

The minimum requirements and qualifications for this position include but are not limited to the following :

• Bachelors degree in hospitality or finance-related areas.
• Minimum of 2 years of relevant work experience within the hospitality industry.
• Excellent verbal and written skills in English. Full command of format and style of American business communications. Proficiency in other languages highly desirable.
• A thorough understanding of the real estate appraisal theory.
• Knowledge of hotel operating statements operating structure and hotel operations and market analysis experience highly regarded.
• Proficiency in Microsoft 365 suite including Teams PowerBI spreadsheet word processing and graphic presentation software programs.
• Foundational understanding of artificial intelligence tools eager to learn and apply them to support data-driven decision-making and improve operational efficiency.
• Ability to travel.

Marriott International is an equal opportunity believe in hiring a diverse workforce and sustaining an inclusive people-first are committed to non-discrimination onanyprotectedbasis such as disability and veteran status or any other basis covered under applicable law.

Employment Type: Full-Time. Experience: years. Vacancy: 1.