Revenue Analyst

4 weeks ago

UAE, United Arab Emirates Damac Properties Full time

**Functional Accountabilities
- Understand pricing strategy, monitor, and adjust rates for the future
- Understand properly forecasting and able to prepare for the upcoming 12 months. Have the ability to conduct daily forecast by Market segment for a period between 30 and 90 days
- Provide critical analysis of strategies, of the seasons, statistics and demand factors
- Conduct competitive and demand analysis
- Monitor competitors pricing and market trends in order to be with in and ahead of the market changes
- Maintain distribution channel data integrity, and work closely with the connectivity team
- Collaborate with Sales, Marketing and Revenue teams to be able to develop and implement promotions and packages that work in line with our strategy.
- Independently implement appropriate inventory distribution strategy; maintain accurate rates and inventory allotments in a timely manner to promote rate parity throughout all booking channels.
- Develops near and long term top-line revenue forecasts upon request from the Revenue Director
- Ensure Commission codes are correctly setup and commissions sent and followed up on a weekly basis as a minimum Optimize opportunities and Reduce Risk
- Analyses independently and determines whether we are effectively marketing ourselves across OTA's.
- Ensure that all statistics reports and any other related reports are accurate and consistent
- Check the reservations made the previous day
- Look over the arrivals in comparison with the availability
- Check Deposit not received for arrival next week
- Control no show and late cancellation charges.
- Maintain all reservation standards
- Utilize technology and revenue management software to gather and analyse data and make recommendations to optimize revenue

**Qualifications and experience
**Experience and Technical Knowledge
- Bachelor's degree in Business or other related field and with at least 2-4 years of successful revenue management experience at a multi-property level is a must.

**Qualifications
- Experience in hotels reservations or revenue management, in a supervisory level, is a must.
- Must have excellent analytical skills and can fully comprehend the travel industry distribution landscape. This includes third party channels, central reservation systems, and property management systems.
- Excellent interpersonal and communication skills are imperative in order to communicate the ideas effectively in verbal and written presentations.
- Ability to lead initiatives and show skills in follow up, multi-tasking, leadership and accountability.
- Knowledge in Microsoft office especially Excel and Power Point

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