Finance Intern - Hotel Feasibility Analysis

Job description

Description

About us

IHG is one of the world’s leading hotel companies, promising to provide True Hospitality for everyone; making you feel welcome and cared for, recognised and respected, wherever you are in the world. Strong future plans and recent successes, especially across the luxury space is what has made us stand out from the crowd. Last year we opened 411 new properties globally and despite the unique global situation this year regarding Covid-19 we have continued to grow our portfolio in 2020.

Join us and not only can you benefit from the world of variety and opportunity, you can also look forward to being part of a company that will appreciate you for simply being you. At IHG we celebrate our differences and we believe everyone has something unique to bring to each team.

Your day to day

We are looking for an Investment Analysis Intern on a 6-month fixed term contract who will be predominately supporting market research, feasibility and financial analysis to support IHG’s development of new hotels in a manner which maximises shareholder value and supports company objectives.

As an Investment Analysis Intern your key role and responsibilities will be:

·  Supporting assessment of franchise deals, including evaluation of projected performance and calculation of IHG’s fee earnings.
·  Supporting analysts preparing feasibility studies for new management contract opportunities in Europe, including market research, competitor analysis, P&L analysis, cost benchmarking.
·  Assisting with the preparation of pitch documentation for new hotel opportunities.
·  Supporting with the preparation of papers for presentation of projects to IHG’s internal approval committees & valuation of all new contracts.
·  Conducting analysis to support other strategic projects and IHG’s development reporting
What we need from you

The successful candidate will be studying towards or have a Bachelor’s degree in Tourism, Finance or a similar relevant field, or an equivalent combination of education and work-related experience.

You will also need:

·  Strong analytical and numerical skills.
·  Familiarity with hotel financial terminology and key metrics (Revpar, RGI, GOP etc.) Hotel P&Ls and other financial reports
·  Some knowledge of hotel industry real estate investment, ownership models and business models used by hotel chains for development an advantage but not essential.
·  An understanding of financial valuation methodology (DCF) and key investment and accounting principles in the context of hotels would also be an advantage.
·  Good communication and presentation skills.
·  Microsoft Excel and modeling skills
·  Excellent written and spoken English
What we offer

We like to believe we offer a unique culture, where there’s inclusivity yet room to be yourself. When hard work pays off, it’s positive to know you’re appreciated.

Alongside our great working environment (currently virtual/remote working environment), we’ll offer you a strong package firstly including an industry competitive salary, an annual bonus, healthcare and incredible worldwide hotel discounts.

As an equal opportunity employer, IHG is committed to providing a working culture that values diversity and inclusion and is committed to making reasonable adjustments to provide a barrier-free recruitment process.

Closing date for applications: 31st January 2021