Revenue Analyst

PARKROYAL Hotels & Resorts; George Town; On-site; MYR 50,000 - 70,000; Full time

Job summary

A premier hotel chain in George Town is seeking a Revenue Analyst to enhance revenue and profitability through strategic analysis. The successful candidate will monitor market trends, evaluate pricing strategies, and manage inventory effectively. A Bachelor's degree in a related field is required, along with strong analytical skills and proficiency with revenue management systems. This role includes collaboration with sales and marketing teams to achieve financial goals, making attention to detail and communication skills crucial.

Qualifications

• Bachelor's or equivalent in relevant field.
• Strong analytical and problem-solving capabilities.
• Knowledge of relevant revenue management systems.

Responsibilities

• Analyze market trends and competitor pricing for optimal rates.
• Monitor performance of sales channels and distribution strategies.
• Develop pricing strategies to maximize hotel revenue.
• Manage room inventory across booking platforms.
• Prepare revenue reports and forecasts.

Skills

Attention to detail and accuracy

Ability to interpret complex data

Strong organizational skills

Excellent communication and teamwork

Education

Bachelor's degree in hospitality, Business Administration, Finance, or a related field

Tools

Revenue management systems

Property management systems

Job description

PARKROYAL Hotels & Resorts – Batu Feringgi, Penang

The Revenue Analyst is responsible for analyzing and interpreting data to optimize revenue and profitability for the hotel. This role involves monitoring market trends, evaluating pricing strategies, and managing inventory to ensure the hotel remains competitive while achieving financial goals.

Key Responsibilities:

• Analyze market trends, demand patterns, and competitor pricing to recommend optimal room rates.
• Monitor and evaluate the performance of sales channels and distribution strategies.
• Develop and implement pricing strategies to maximize revenue.
• Manage room inventory and availability across various booking platforms.
• Prepare detailed revenue reports and forecasts for management.
• Provide insights and recommendations based on data analysis to support decision-making.
• Work closely with the sales and marketing teams to align promotional strategies with revenue goals.
• Coordinate with the reservations team to ensure accurate inventory management.

Qualifications:

• Bachelor's degree in hospitality, Business Administration, Finance, or a related field.
• Strong analytical and problem-solving skills.
• Knowledge of revenue management systems and property management systems.
• Excellent communication and teamwork abilities.

Key Skills:

• Attention to detail and accuracy.
• Ability to interpret complex data and present actionable insights.
• Strong organizational and time-management skills.

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