What are the responsibilities and job description for the Hotel Revenue Analyst position at Lodging Hospitality Management?
Description
Key Responsibilities of a Hotel Revenue Analyst :
- Revenue Optimization -Analyze pricing trends, occupancy rates, and market demand to set optimal room rates.
- Data Analysis & Forecasting -Use historical data and predictive models to forecast revenue and identify trends.
- Competitive Analysis - Monitor competitors pricing strategies and adjust rates accordingly.
- Inventory Management -Manage room availability across different booking channels to maximize revenue.
- Collaboration with Departments - Work closely with sales, marketing, and reservations teams to align strategies.
- Reporting & Performance Tracking -Prepare reports on key metrics like RevPAR (Revenue Per Available Room) and ADR (Average Daily Rate).
Qualifications
Essential Skills :
Salary : $18 - $21