Revenue Analyst

Kimpton; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Revenue Manager who will play a pivotal role in analyzing data to enhance financial performance. This position involves forecasting, budgeting, and managing room rates to maximize revenue. The ideal candidate will have experience in an international luxury hotel environment, showcasing strong analytical skills and the ability to collaborate effectively with sales and marketing teams. If you are passionate about driving revenue and thrive in a dynamic environment, this role offers a fantastic opportunity to make a significant impact on the hotel's success.

Qualifications

• 2-3 years of experience in a similar role within an international luxury hotel chain.
• Strong analytical skills and attention to detail are essential.

Responsibilities

• Analyze revenue and demand data to identify trends and opportunities.
• Manage room rates and inventory to maximize revenue.

Skills

Analytical Skills

Problem-Solving

Teamwork

Flexibility

Education

Bachelor's degree in Hotel Administration

Higher education qualification in Business Administration

Tools

Revenue Management Systems

Job description

• Data Analysis: Analyzing revenue, profit, and demand data associated with hotel rooms and space inventory to identify trends and opportunities.
• Forecasting and Budgeting: Preparing forecasts, budgets, and daily projections to guide the hotel's financial planning and strategy.
• Rate and Inventory Management: Managing room rates and inventory to maximize revenue, including setting and adjusting prices based on demand and market conditions.
• Performance Reporting: Generating and updating revenue management reports, and providing insights to the management team.
• Market Analysis: Conducting competitive analysis and market research to understand the hotel's position in the market and identify potential areas for growth.
• Collaboration with Sales and Marketing: Working closely with the sales and marketing teams to develop and implement strategies that drive revenue.
• System Maintenance: Maintaining and updating revenue management systems, including inputting rate hurdles and monitoring forecasted demand.
• Compliance and Standards: Ensuring all revenue management activities comply with the hotel's standards and industry regulations.
• Problem-Solving: Addressing any issues related to revenue management and finding solutions to optimize performance.

This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with various departments.

What we need from you

Ideally, you'll have some or all of the following competencies and experience we're looking for:

1. Bachelor's degree, higher education qualification or equivalent in Hotel Administration / Business Administration
2. Two to Three years prior tenure in a similar role
3. International luxury hotel chain background
4. GCC exposure
5. English Fluency is required
6. Arabic Fluency is preferred

Teamwork and Flexibility

In addition to the tasks outlined above, all team members are expected to demonstrate flexibility and a collaborative spirit. This may involve taking on additional responsibilities as needed, especially during periods of high occupancy or in emergency situations. Your willingness to assist colleagues and contribute to the overall success of the hotel is essential in maintaining our high standards of service and guest satisfaction.