Intern Analyst – Hotel Asset Management

Full time @The First Group in Hotel and Restaurant
  • Dubai, United Arab Emirates, Dubai, 20000 View on Map
  • Post Date : April 27, 2022
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Job Detail

  • Job ID 191477

Job Description

The First Group offers a 12-month internship opportunity in its Hospitality Asset Management Department to university students and recent graduates with a background in Business Administration, Finance, or Hospitality Management. We are seeking students or recent graduates who have an exceptional academic record and a strong interest in the hospitality sector and asset management.

Responsibilities:

  • Continuous monitoring of rival operating performance using existing and custom-developed techniques.
  • Active approach to performance improvement: superior revenue management strategy to improve relative market positioning, cash flow optimization (payroll, outsourcing opportunities, productivity, fixed/variable cost studies, and flowthrough analysis).
  • Implementation of operational measures: break-even analysis, cost-ratio analysis, return on investment analysis, and other key performance indicators.
  • Revenue management, price yielding, contract optimization and negotiation, channel mix optimization, comp-set performance (STR), public pricing (OTA insight), room categorization and pricing, and people productivity are the top line metrics.
  • Cost: staff and payroll, costs, outsourcing, COGS analysis, outsourced service reduction, energy efficiency with and without
  • CAPEX, OPEX analysis, management of property expenses such as insurance, property tax, and audits, and facilities management.
  • Qualitative analysis: managing one’s online reputation
  • Market analysis and comparison to comparables.

Desired Competence & Expertise

Minimum Requirements:

  • A bachelor’s degree in hospitality administration, business management, or a closely related discipline from a four-year college or university is essential, as is equivalent experience.
  • Candidates with an MBA are desired.

Personal Characteristics:

  • Responsible, ambitious, and dedicated to work excellence.
  • Excellent analytical and numerical abilities.
  • Results-oriented, capable of working under duress and meeting tight deadlines.
  • Microsoft Office at an advanced level.
  • Solid financial/consulting background, with a particular emphasis on asset management.
  • Excellent teamwork abilities.
  • Innovative and forward-thinking, generating innovative ideas that provide significant value to our organization.
  • Be driven to advance in their careers.

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