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Feasibility & Development Intern

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Rocco Forte Hotels

3d ago

  • Internship
    Full-time
    Summer Internship
  • Real Estate & Property
    Business, Operations & Strategy
  • London

AI generated summary

  • You should be pursuing or have completed a degree in Hospitality, Real Estate, Finance, or a related field, with strong Excel skills and familiarity with PowerPoint for presentations.
  • You will conduct research, analyze hotel performance, assist in feasibility studies, build financial models in Excel, and maintain databases, while supporting cross-departmental discussions and internal reports.

Requirements

  • Education: Currently pursuing or recently completed a degree in Hospitality, Real Estate, Finance, or a related field.
  • Technical Skills:
  • Strong proficiency in Microsoft Excel (e.g., formulas, pivot tables, and basic modelling).
  • Familiarity with PowerPoint for creating presentations.

Responsibilities

  • Conduct desk-based research to assess market conditions, competition, and demand drivers.
  • Gather and organise data on hotel performance metrics, such as occupancy, ADR (Average Daily Rate), and RevPAR (Revenue per Available Room).
  • Assist in preparing market research reports and presentations.
  • Support the preparation of feasibility studies for new hotel projects, focusing on market trends and competitive analysis.
  • Use Excel to assist in building basic financial models, including revenue and expense projections.
  • Help compile data and insights for internal pro forma packages.
  • Work with team members to analyse strengths and weaknesses of potential hotel sites and projects.
  • Participate in discussions with internal departments such as Operations, Finance, and Revenue Management.
  • Maintain databases for tracking project progress and hotel performance data.
  • Support the creation of development profiles and feasibility reports for internal review.
  • Assist in gathering and organising data to support other departments with ad hoc analyses.
  • Stay informed on industry trends by monitoring market reports and attending virtual conferences or webinars when possible.

FAQs

What does the Feasibility & Development Intern position involve?

The Feasibility & Development Intern supports the development team in evaluating new hotel projects, conducting market analysis, preparing feasibility studies, and collaborating with various departments in the hotel.

What qualifications are required for this internship?

Candidates should be currently pursuing or have recently completed a degree in Hospitality, Real Estate, Finance, or a related field.

What technical skills are necessary for this role?

A strong proficiency in Microsoft Excel (including formulas, pivot tables, and basic modeling) and familiarity with PowerPoint for presentations are required.

Will I receive any training during the internship?

Yes, the internship offers extensive learning and development opportunities, as well as hands-on experience in hotel feasibility and market analysis.

What kind of projects will I be working on?

Interns will assist in feasibility studies for new hotel projects, market research, financial analysis, and project coordination tasks.

Are there any benefits to working with Rocco Forte Hotels?

Yes, benefits include discounted rates at the hotels, meals on duty, and opportunities to develop analytical and organizational skills in the hospitality industry.

Will I be working alone or with a team?

You will work closely with the Development team and collaborate with other departments such as Operations, Finance, and Marketing under supervision.

Is experience in hospitality required for this internship?

While previous experience in hospitality is not strictly required, an interest in the industry and relevant academic qualifications are necessary.

How can I apply for the internship?

You can apply by following the instructions outlined in the job posting on the Rocco Forte Hotels website or the platform where the job is listed.

What kind of analytical skills will I develop in this position?

You'll develop skills in market analysis, financial modeling, data interpretation, and the ability to prepare comprehensive reports and presentations.

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Rocco Forte Hotels

Travel & Leisure
Industry
1001-5000
Employees

Mission & Purpose

In much more than a name, Rocco Forte Hotels is the #ForteFamily. At its head are Sir Rocco, his sister Olga and his three children. Behind it are four generations of Forte hoteliers. It is in every way a family business; a shared love evident in every Rocco Forte Hotel – each exuding the Forte’s innate Anglo-Italian style, sophistication, and warmth. And each welcoming you as a guest of the family. Rocco Forte Hotels presently has 16 luxury properties 12 leading destinations. Each hotel exudes the Forte philosophy: open, intuitive service; airy, elegant design that speaks to its location; exceptional offerings in food, drink, spas and experiences; and a signature Anglo-Italian style, sophistication and warmth. Our properties are supported by our central support office located on Jermyn Street in the heart of London. Our team is a family of individuals, with a family of hoteliers that care, at the head of the company. Together we are generous, open and genuine in spirit, with our guests and with one another. At Rocco Forte Hotels, we are committed to giving our Team Members the skills and support required to deliver unrivalled service, and most importantly, to grow in their careers. We also like giving our Team Members the very best benefits.