Stage : Internship: Integrate Competition data in Revenue Management
Site internet: http://www.amadeus.com
Internship: Integrate Competition data in Revenue ManagementJoin us and shape the future of travel
Shaping the future of travel has always been important to us at Amadeus. Today, with technology getting smarter by the minute, that future is more exciting than ever.
We work at the heart of the global travel industry. Amadeus offers you the opportunity to learn and grow and drive your own progression in an exciting and multicultural environment.
Our people are driven by a passion for 'Where next?' If you want to shape your career and the future of travel, Amadeus is the place for you.
The team isdeveloping Revenue Management solutions to Airlines. Revenue Management was introduced in the airline industry in the 60’s after the market was de-regularized. This is a field in constant evolution using state of the art scientific solutions coming from intense worldwide research work as well as the latest IT techniques to make possible the most complex algorithms. An airlineRevenue Management Systemoptimize pricesbased on forecast of demand relying on historical data analysis. The forecasting technicsdoes not include any competition data information and take the assumption that the historical average behaviour of the competition will behave the same in the future.
In other projects in 2016 we have acquired competition data and w e would like to work with the intern in evaluating correlation between competition product quality / price with our demand forecast. Based on the outcome the intern would be responsible to propose and prototype possible approaches to complement our UI for Revenue management analysts with competition data. A possible extension is to propose ways to integrate in the forecasting model the competition data information to automatically scale up or down the demand forecast depending on the competition price.
The candidate should be comfortable with applied mathematics techniques The candidate should have good communication skills. The candidate should have a good level in English.
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