What are the responsibilities and job description for the Area Revenue Analyst position at Driftwood Hospitality?
This is a Remote/Hybrid role, which requires very little travel.
Job Summary:The Hotel Revenue Analyst is responsible for maximizing hotel revenue through strategic pricing, inventory control, and market analysis. This role involves monitoring trends, preparing forecasts, and providing recommendations to optimize occupancy and rates.
Key Responsibilities:
Analyze market trends, booking patterns, and competitive data to forecast hotel occupancy, pricing, and revenue.
Implement pricing strategies and manage room inventory to maximize revenue.
Generate daily, weekly, and monthly revenue reports and provide actionable insights.
Collaborate with sales, marketing, and operations teams to develop promotional strategies.
Monitor and adjust pricing strategies based on market conditions.
Evaluate and recommend tools and technology to enhance revenue management.
Stay informed on industry trends and competitor strategies.
Qualifications:
2 years of experience in revenue management, hotel analytics, or a similar role.
Strong analytical and problem-solving skills.
Proficiency in revenue management software, PMS, and Microsoft Excel.
Excellent communication and presentation skills.
Ability to work independently and as part of a team.