Revenue Analyst Hospitality
Job Summary
The Revenue Analyst will optimize financial performance for LOKL Coffee, KLoe Hotel, and Market House Hotel. You will be responsible for developing revenue strategies, managing distribution channels, and monitoring market trends to maximize RevPAR and occupancy. This independent role requires strong analytical skills to drive data-driven decision-making across the hospitality group.
Responsibilities
- Develop and implement revenue strategies
- Manage rates and inventory across distribution channels
- Prepare revenue forecasts and performance reports
- Oversee loyalty program and marketing collaborations
- Monitor competitor trends and market KPIs
Required Skills
- Hotel Revenue Management Systems
- PMS/Channel Manager/OTA expertise
- Advanced Excel/Google Sheets
- Data Analysis & Forecasting
- Strategic/Analytical Mindset
Job Details
### Responsibilities
**Revenue Strategy**
- Develop, implement, and maintain revenue strategies across multiple properties aligned with target market positioning.
- Utilize data-driven insights to make active adjustments to revenue strategies.
- Facilitate communication between marketing and hotel operations to ensure cohesive strategy execution.
- Produce accurate forecasts based on historical data and market demand.
**Rates & Yield Management**
- Explore opportunities to drive profit and challenge existing processes to encourage innovation.
- Manage and optimize room rates across multiple hotels, direct booking platforms, and OTAs.
- Adjust rates according to market segments, seasonality, and demand patterns.
- Ensure optimal utilization of revenue management tools and promotional activities.
**Reporting & Research**
- Prepare weekly and monthly revenue reports and updates.
- Conduct quarterly property performance reviews covering strategy, pricing, and actionable insights.
- Benchmark actual performance against budget, including revenue and key sales metrics.
- Maintain accuracy within information reporting tools.
- Monitor competitor performance, market trends, and economic indicators to refine inventory strategies.
**Partners & System Management**
- Liaise with OTAs and partners; conduct regular meetings to optimize performance.
- Ensure accuracy of information across websites, social media, and OTA listings.
- Manage system settings, including rate plan integration within PMS, POS, Channel Managers, and OTA platforms.
**Loyalty Program**
- Oversee the company's loyalty program.
- Collaborate with the marketing department to implement promotional strategies for loyalty growth.
### Requirements
- Independent role requiring the ability to operate as a one-man department and advise Management.
- Proficiency in hotel revenue management systems, PMS, Channel Managers, and OTA Extranets.
- Advanced command of Excel/Google Sheets; data analysis software skills are a plus.
- Ability to use Google Looker Studio is a plus.
- Strong analytical mindset with a focus on data-driven decision-making.
- Independent, self-starter mentality.
- Proficiency in English.