Revenue Management Intern

Descripción del puesto:

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