Hotel Development Manager

Hotel Development Manager

Companies Overview :

ALFRED HOTELS is a hotel brand which is built without compromise around six essential commitments, both for our employees and our customers : central destinations, timeless design, original furniture, the perfect bed, hearty and savory breakfast and Thoughtful gestures.

Already present in Compiègne, Biarritz, Beaune, Monaco, Paris, and Toulouse, the brand aims to open 20 locations in France and internationally by 2027.

We invite you to take part in this ambitious growth within a dynamic group that currently comprises already 8 hotels and around 100 employees.

Iroko Iberia is a Real Estate Investment Manager based in Madrid, with a current portfolio valued at 150M€. Iroko Iberia invests in and manages hotels, retail and logistics properties on behalf of various investors.

Both companies are aiming to develop their existing French venture into Spain!

Position Overview :

Working alongside the development team, you will play a key role in the group's strategic international expansion in the Spanish market.

Your mission will be to identify, analyze, and source opportunities for the acquisition (buildings and funds) of hotels in city centers, with a minimum potential of €2 million in stabilized revenue, in Spanish cities with more than 100,000 inhabitants.

Key Responsibilities :

• Analyze the Spanish hotel market to identify establishments that match our positioning
• Evaluate the profitability and potential of hotels (operational business and real estate) according to ALFRED HOTELS criteria
• Contact hotel owners and follow up on prospects
• Actively participate in negotiations until offers are finalized
• Establish and maintain strong relationships with brokers specializing in the hotel industry
• Work with them to identify strategic opportunities tailor made for the strategy of the venture
• Conduct market analyses, financial modeling, and acquisition recommendations
• Write clear and well-argued investment notes to inform decision-making

Qualifications :

Offices are located in Madrid, please reach out to contact-iberia@iroko.eu with your CV !