Analyst/ Associate, Hotels & Hospitality Group

JLL is hiring an Analyst/Associate for its Hotels & Hospitality platform, based in Bangkok, focused on hotel asset management projects across Thailand and Vietnam. The role reports to the Senior Vice President of Asset Management and supports a portfolio of international branded and independent hotels under various ownership structures, collaborating with regional advisory, valuation, and Southeast Asia teams.

Responsibilities include reviewing P&L and cash flow performance against KPIs such as RevPAR, GOP, EBITDA, and NOI, building financial models, preparing stakeholder reports, reviewing operator budgets and management agreements, evaluating capex proposals, and supporting Annual Asset Management Plans and Strategic Asset Reviews.

Meet with owners and hotel executive teams to review monthly and quarterly operating performance, including P&Ls, cashflow statements and benchmark analysis

Review and analyse monthly P&L statements, cash flow performance, and KPIs (RevPAR, GOP, EBITDA, NOI) against budget and forecast, identifying variances and recommending corrective actions

Build and maintain financial models to evaluate performance scenarios, renovation ROI, management contract restructuring, and exit strategies

Review and challenge annual budgets and 3-5-year strategic plans submitted by operators, ensuring assumptions align with market conditions and ownership objectives

Support the preparation of Annual Asset Management Plans and conduct Strategic Asset Reviews

Bachelor's degree in hospitality management, Finance, Real Estate, or Business Administration

0-3 years (Analyst) / 3-5 years (Associate) in hotel operations, hotel finance, revenue management, asset management, or hospitality consulting

Experience with hotel P&L analysis and hospitality KPIs essential

Proficiency in Microsoft Office (Word and PowerPoint) and advanced Excel including financial modelling, pivot tables, and data visualization

Business fluent English (written and verbal) essential; conversational to business level Thai preferred