Revenue Management Intern

Kirchberg, Luxemburg
Praktikum
Vollzeit

2 Monate her

Description de l'entrepriseA 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 posteReporting 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.

QualificationsYour 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

Accor

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