Financial Model for Island Bed & Breakfast

Background

This is a unique opportunity to collaborate with a friendly property developer in the stunning island of Ischia, Italy. The business owner is seeking strategic advice to optimize room SKUs (Stock Keeping Units) and enhance guest services through a robust financial model. The goal is to align the business offering with local tourism trends, competitive landscape, and pricing strategies. This project offers hands-on experience in strategic planning, financial modeling, and hospitality management for those interested in real estate and tourism.

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Scope of Work

We are inviting an MBA, Executive MBA, and/or Advanced Degree holders with training in finance or accounting to lead this project. This work will play a key role in shaping our future business.

Key elements of the project will include:

• Tourism Analysis: Conduct a detailed analysis of current and future tourist trends in Ischia, Italy, to identify growth opportunities.
• Competitor Analysis: Examine local competitors in the accommodation sector to identify strengths, weaknesses, and market gaps.
• Price Analysis: Perform a pricing study, establishing a price floor and ceiling for room rates and additional guest services.
• Financial Modeling: Build a financial model to optimize room SKU configurations and assess the potential impact of add-on guest services.
• Presentation: Present the financial model and strategic recommendations to the business owner.

The property developer will provide support with a dedicated 1-hour weekly meeting to answer questions and share insights for the duration of the project.

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Who Should Apply

This opportunity is ideal for individuals currently completing or having completed an MBA, EMBA, or Advanced Degree who are looking for hands-on experience in financial modeling, strategic planning, and the hospitality industry

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Recognition‍

Upon successful completion of this internship, you will receive:

• ‍Written Feedback: Detailed feedback on your performance and final work product to help you grow professionally.
• ‍Testimonial: A shareable written testimonial highlighting your soft skills and technical capabilities.‍
• LinkedIn/Website Summary: A summarized testimonial suitable for your LinkedIn profile, personal website, or other professional platforms.‍
• Other Recognition: Other forms of recognition including a letter to your university.

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