Revenue Management Intern

  • Temps complet
  • Catégorie: Revenue Management & Pricing
  • Type d'emploi: Stage
  • Type de Contrat: Temps Plein

Description de l'entreprise

A fantastic opportunity has arisen for a Revenue Management Intern to be part of a Cluster of 6 properties in Luxembourg, including 2 Sofitel, 2 Novotel, 1 Novotel Suites and 1 Mama Shelter for a total of 902 keys.

Description du poste

Reporting to Revenue Managers, the RM intern is responsible for the daily follow up and actioning of tactical & operational efforts, which drive and optimize profitable revenue to the hotel rooms division. He/she ensures that inventory, pricing and distribution strategies are monitored to support the overall revenue goals of the hotel, in accordance with the brand's recommendations.

What you will be DOING:

  • Analyze current and historical demand including rooms on the books, competitive set and market trends to aid in more accurate forecasting.
  • Monitors transient and group booking pace to determine pricing and availability controls for all reservation distribution sources.
  • Elaborate Groups quotation and arbitrate demands among hotels
  • Maximize rate parity by following up Distribution Heath Score
  • Keep an eye on third party intelligence sources to identify revenue opportunities (OTA, GDS, market studies)
  • Revenue Culture: keep in touch with all teams to ensure revenue management principles are understood and followed.

 

Assists the hotel Revenue Managers with some or all these tasks:

 

  • Daily/ weekly / monthly reporting
  • Monitoring of transient and group book pace to determine pricing and availability controls for all reservation distribution sources.
  • Monitoring of key indicators of hotel revenue performance
  • Preparation of analysis & materials for the weekly revenue strategy meetings.
  • Tracking and analysis of competitive set pricing and yield strategies.
  • Edition and analysis of current and historical demand including lost business turndown, rooms on the books, competitive set and market trends to aid in more accurate forecasting.
  • Monitoring of third-party intelligence sources to identify revenue opportunities (OTA, GDS, market studies). Keep current with industry changes and how it may impact demand.
  • Working with Reservations and Front Desk to ensure the highest level of guest service is maintained while maximizing profit.
  • Boosting the revenue culture by maintaining a strong communication with hotel teams to ensure revenue management principles are understood and followed.

Qualifications

Your experience and skills include IDEALLY:

  • Bachelor degree in Hotel Management or Business School  
  • Analytical approach to problem solving, good business acumen and numerical reasoning
  • Problem-solving abilities, a tactical thinker
  • Possessing the traits of being organized and multi-tasking
  • Demonstrate good communication skills both verbally and in writing.
  • Demonstrate natural and outgoing social/interpersonal skills
  • Eligible to work in European Union
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