Revenue Analyst

Job Responsibilities

1. Analyze daily, weekly, and monthly revenue performance, providing actionable insights to optimize room rates and overall revenue.
2. Monitor market trends and competitor pricing, using the data to adjust pricing strategies and forecast demand.
3. Collaborate with the Reservations and Sales teams to ensure pricing strategies align with business goals and maximize occupancy.
4. Prepare and present detailed revenue reports, highlighting key performance indicators (KPIs) to management.
5. Maintain the hotel's revenue management system, ensuring accurate data entry and up-to-date information.
6. Assist in setting pricing strategies, including dynamic pricing, and provide recommendations for special promotions and packages.
7. Forecast room occupancy and revenue, identifying potential opportunities for revenue growth.
8. Track and report on the effectiveness of promotional campaigns, providing analysis on performance and recommending improvements.
9. Support the development of the annual budget, forecasting, and business plan by analyzing historical data and market trends.
10. Work closely with the Finance and Marketing teams to ensure consistency in revenue forecasting and financial reporting.
11. Help optimize distribution channels and manage online travel agent (OTA) relationships to increase visibility and revenue.