Intern - Revenue Management
About the job
Company Description
A unique blend of contemporary design and urban chic, Fairmont Dubai is an icon in the business heart of the city. Fairmont Dubai brings together luxurious surroundings and modern amenities with renowned Fairmont service.
Job Description
- Analyze market trends and competitor pricing to optimize room rates and revenue.
- Develop and implement pricing strategies and monitor room inventory across distribution channels.
- Use revenue management software to generate reports and analyze performance metrics.
- Collaborate on promotional offers and packages and evaluate revenue management strategies.
- Coordinate updates/stay restrictions or rate changes to reflect the hotel selling strategy in response to the market demand.
- Maintains records pertaining to market segments, transient pace numbers, forecasts, and other rooms’ data.
- Participates in the annual budgeting, marketing and strategic planning process.
- Records competitive set pricing and yield strategies and completes analysis on the market and its opportunities based upon the competition and previous history.
- Prepares the weekly Revmax meetings for each of the properties and shares the same in timely manner with the Cluster Revenue Team beforehand
- Participates in weekly Revmax and Group Meetings and presents weekly revenue agenda items.
- Monitors transient potential and group bookings daily to set up the pricing and availability control for all reservation distribution sources.
- Works with DRM to evaluate and maintain group thresholds.
- Makes sure rate leakages are handled and solved in a timely manner. Use Fornova system to resolve all the rate leakages for all connected partners.
- Makes sure rate plans are correctly indexed / loaded and distributed to all channels
Qualifications
- Currently pursuing a degree in Hospitality Management or related field.
- Strong organizational and multitasking skills.
- Excellent written and verbal communication abilities.
- 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).
Additional Information
Visa Requirements:
Please note that you must be eligible to live and work in the United Arab Emirates. We will assist successful applicants with the visa process and provide flights and accommodation.
Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS
- Department: Revenue Management
The company
Join us at Accor, where life pulses with passion!
As a pioneer in the art of responsible hospitality, the Accor Group gathers more than 45 brands, 5,500 hotels, 10,000 restaurants, and lifestyle destinations, in 110 countries. While each brand has its own personality, where you will be able to truly find yourself, they all share a common ambition: to keep innovating and challenging the status-quo.
By joining us, you will become a Heartist®, because hospitality is, first and foremost, a work of heart.
You will join a caring environment and a team where you can be all you are. You will be in a supportive place to grow, to fulfil yourself, to discover other professions and to pursue career opportunities, in your hotel or in other hospitality environments, in your country or anywhere in the world!
You will enjoy exclusive benefits, specific to the sector and beyond, as well as strong recognition for your daily commitment.
Everything you will do with us, regardless of your profession, will offer a deep sense of meaning, to create lasting, memorable and impactful experiences for your customers, for your colleagues and for the planet.
Hospitality is a work of heart, Join us and become a Heartist®.