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.
Hotel Transactions & M&A;
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.
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.
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.
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.
Participate in business development initiatives, pitches and client proposals, including the preparation and delivery of commercial strategies.
Team & Stakeholder Management
Provide guidance and mentoring to junior team members, contributing to their professional development.
Collaborate with Savills' international network on cross-border mandates and opportunities.
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.

Fundada en 1855 en Reino Unido, actualmente cuenta con una red de más de 700 oficinas en Europa, América, Asia Pacífico, África y Oriente Medio, y un equipo de más de 42.000 empleados a través de las cuales ofrece un asesoramiento altamente especializado. Nuestro equipo en España está formado por más de 850 empleados. Si buscas desarrollarte profesionalmente en un entorno de trabajo atrayente y trabajando en los proyectos más innovadores del sector, ¡te estamos buscando!
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📌 Capital Markets / M&A Hotels - Associate Director (Madrid)
🏢 Savills España
📍 Madrid