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Revenue Analyst
1 month ago
The Revenue Analyst will be working with the Director of Revenue to define, design, develop and execute business reports and analyses that establish actionable business insights into the performance of both brand level and property specific revenue trends and opportunities.
What You Will Do
- Strategy Support: By assisting the Director of Revenue Management with essential administrative duties and fulfilling reporting and analysis tasks, it will ensure that the RM strategies as defined by the team can be executed in an efficient and proactive manner. Providing contingency along with the Reservations Manager in the event of absence is also an element in the delivery of strategy objectives.
- Closely monitor competitive pricing and understand the impact of relative pricing decisions on property performance. Perform competitor checks and report as appropriate.
- Assist the DORM in identifying soft periods and developing promotions and strategies.
- Support the DORM in effective implementation of Four Seasons Revenue Management Standards, Policies & Procedures (Rate Plans, Rate Categories, Market Segmentation, Profiles, and all other PMS/ORS related RM functionality).
- Action Rate Solicitations as directed and maintain rate plans.
- Ensure the hotel has Best Rate Guarantee compliance, and work with the DORM to minimize/eliminate rate parity claims against the hotel.
- Assist the DORM with daily updates of the Revenue Management Reports and ensure all data input into the system is accurate (Geo Source, Product Quality, Pricing). Opportunity to assist with all aspects of budget preparation.
- Assist in the preparation of fully updated Forecasts. Work with the DORM to prepare longer-term forecasts and achieve hotel forecast accuracy goals.
- Participate in the property’s weekly Strategy Meeting and contribute to the Daily Operations Meeting.
- Review and analyze data on an ongoing and end of month basis. Provide monthly reports on production, trends, booking and stay patterns as well as channel analysis. Evaluation of the distribution channel performance and potential reasons for this performance.
- Analyze competitive reports and formulate appropriate suggestions for strategies through use of STR Reports.
- Daily communication with our Reservations, Front Office, and Sales team to share best practices.
Desired candidate profile
- To provide a friendly and professional service that always exceeds guests’ expectations.
- To ensure you read the hotel's employee handbook and have an understanding of and adhere to the hotel's rules and regulations and in particular, the policies and procedures relating to Fire, Hygiene, Health and Safety.
- To undertake other duties and responsibilities which, while outside the normal routine, are within the overall scope of the position.
- To report for duty punctually wearing professional attire. To maintain a high standard of personal appearance and hygiene and adhere to the hotel and department personal appearance standards.
- To comply with local legislation as required.
- To maintain good working relationships with your colleagues and all other departments through working by The Golden Rule.
- To respond to any changes in the division as dictated by the needs of the industry, company or hotel.
- To be flexible and extend job duties to carry out any other reasonable duties and responsibilities within the job capability as assigned, including redeployment to alternative departments/areas if required, to meet business demands and guest service needs.
- Conduct and attend training sessions as outlined.
- Perform other tasks or projects as assigned by the Director of Revenue and Regional Director of Marketing.
What You Bring
- A minimum of at least 2 to 3 years of experience in a similar role in a luxury brand.
- Proficient in English (speaking, reading, writing).
- Excellent interpersonal, verbal, and written communication skills.