This internship position in Revenue Management at Accor is designed to help the successful candidate gain hands-on experience in optimizing room rates and overall hotel revenue through strategic analysis and execution.
Job Description and Responsibilities
The Revenue Management Intern will be responsible for the following key duties:
- Analyze market trends and competitor pricing to optimize room rates and revenue.
- Develop and implement pricing strategies, monitor room inventory across distribution channels, and utilize revenue management software to generate reports and analyze performance metrics.
- Collaborate on promotional offers and packages, and evaluate current revenue management strategies.
- Participate in weekly revenue management meetings, prepare meeting agendas, and present weekly revenue items.
- Monitor transient potential and group bookings daily to set pricing and availability control for all reservation distribution sources.
- Maintain records of market segments, forecasts, and competitive set pricing, and complete market analysis based on competition and historical data.
- Ensure rate plans are correctly indexed, loaded, and distributed to all channels, and resolve rate leakages in a timely manner.
- Perform any other assigned duties.
Qualifications and Requirements
To be considered for this role, applicants must meet the following criteria:
- Currently pursuing a degree (BA/BSc/HND qualification) in Hospitality Management or a related field.
- Possess strong organizational and multitasking skills.
- Demonstrate excellent written and verbal communication abilities.
- Be detail-oriented with a proactive approach to problem-solving.
- Ability to work collaboratively in a team environment.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).