London-Based Hospitality Forecasting Analyst & Insights

London-Based Hospitality Forecasting Analyst & Insights

Full-Time 35000 - 45000 £ / year (est.) No working from home possible
CoStar Group

At a Glance

  • Tasks: Analyse global hotel performance data and create insightful forecasts.
  • Company: Join CoStar Group, a leader in real estate analytics and innovation.
  • Benefits: Enjoy private medical cover, 28 days leave, and a vibrant work culture.
  • Other info: Collaborative environment with opportunities for personal and professional growth.
  • Why this job: Make an impact in the hospitality industry with your analytical skills.
  • Qualifications: Strong understanding of the hotel industry and proficiency in Excel.

The predicted salary is between 35000 - 45000 £ per year.

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. STR is the global leader in hospitality data benchmarking, analytics and marketplace insights for the global hospitality industry. STR delivers data that is confidential, accurate and actionable to empower our clients to strategize and compete in their markets.

ROLE DESCRIPTION

STR, a CoStar group company, is seeking a London-based Analyst to support international forecasting efforts and ensure STR maintains its position as a leading provider of forward-looking hotel performance data worldwide. This role demands an efficient, data-driven thinker with excellent research and analytic skills and a strong understanding of global hospitality performance. The Analyst will be part of a global forecast team responsible for producing hotel performance forecasts on a quarterly basis alongside actionable narratives underscoring the forecasted data.

RESPONSIBILITIES

  • Forecasting: Assist in the production and delivery of STR's Market Forecasts outside of North America. Contribute to development of forecasting methodology that captures region-specific macroeconomic and hotel performance trends. Collaborate with internal teams, STR's external partners, and conduct market research to investigate market conditions and demand drivers, adjusting forecast projections accordingly.
  • Data analysis, visualization, and storytelling: Promote STR as a thought leader within the industry, transforming data into meaningful insights by visualizing STR's data for conferences, events, meetings, and client engagements. Contribute analyses to blogs, articles and white papers, which are distributed to clients and stakeholders on a regular basis.
  • Data integrity, security, and quality: Maintain high levels of data quality and accuracy by applying and maintaining process and robust review. Investigate anomalies and potential errors in data to understand the root cause and find resolution. Adhere to STR's standards and guidelines for data confidentiality.
  • Personal and professional development: Maintain proactive and open communication with the Product team, as well as STR's global analyst teams. Keep up to date on hotel industry trends and news, with particular emphasis on the facts that affect hotel performance. Ensure CoStar brand and corporate values are evident to the customer at all times.

QUALIFICATIONS

  • Strong understanding of the hotel industry, with experience working within the industry a plus.
  • Adept in use of MS Office applications, particularly Excel, PowerPoint and Word. Familiarity with Power BI and SSMS preferred.
  • Customer-focused with excellent relationship-building skills and the ability to present to clients.
  • Adaptable to changing working environments, priorities, and organizational needs.
  • Results-oriented with the ability to plan, prioritize, and execute tasks independently or as part of a team.
  • Analytical and research skills, including the ability to analyse, interpret, and visualize data, and conduct research to explain data and validate information.
  • Strong decision-making skills, making timely decisions based on available information and taking ownership of decisions.
  • Proficient in presenting trends and insights to relevant stakeholders, both internal and external.
  • Excellent organizational and planning skills, with the ability to manage multiple projects within tight deadlines across different time zones.
  • Bachelor's degree and minimum two years of related work experience; or equivalent work experience.

WHATS IN IT FOR YOU

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. Other perks include full private medical cover, dental cover, Life Assurance and member rewards, 28 days annual leave, a competitive pension, season ticket loans, enhanced maternity and paternity pay and much more! At CoStar, we recognise the positive value of diversity and promote equality. We aim at all times to recruit the person who is most suited to the job and welcome applications from people of all backgrounds.

London-Based Hospitality Forecasting Analyst & Insights employer: CoStar Group

CoStar Group is an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation in the heart of London. Employees benefit from comprehensive perks including private medical and dental cover, generous annual leave, and a commitment to diversity and inclusion, ensuring a supportive environment for personal and professional growth. With a focus on empowering talent and providing resources for success, CoStar Group stands out as a leading choice for those seeking meaningful careers in the hospitality analytics sector.

CoStar Group

Contact Details:

CoStar Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land London-Based Hospitality Forecasting Analyst & Insights

Tip Number 1

Network like a pro! Get out there and connect with folks in the hospitality industry. Attend events, join online forums, or even hit up LinkedIn to find people who work at STR or similar companies. A friendly chat can open doors you didn’t even know existed!

Tip Number 2

Show off your skills! When you get the chance to meet potential employers, don’t just talk about your experience—bring examples of your work. Whether it’s data visualisations or reports, having something tangible to share can really make you stand out.

Tip Number 3

Stay updated on industry trends! Read up on the latest in hospitality and data analytics. Being able to discuss current events or trends during interviews shows you’re not just knowledgeable but genuinely interested in the field.

Tip Number 4

Apply through our website! We love seeing applications come directly from our site. It shows initiative and gives you a better chance to be noticed. Plus, you’ll find all the latest roles we have available, so don’t miss out!

We think you need these skills to ace London-Based Hospitality Forecasting Analyst & Insights

Data Analysis
Forecasting Methodology Development
Market Research
Communication Skills
Data Visualization
Analytical Skills
MS Office Proficiency (Excel, PowerPoint, Word)

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the role. Highlight your experience in hospitality and data analysis, and show us how your skills align with what we're looking for.

Show Off Your Analytical Skills:We want to see your ability to analyse and interpret data. Include examples of past projects where you've used data to drive insights or decisions, especially in the hospitality sector.

Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon. We appreciate a well-structured application that gets straight to the point.

Apply Through Our Website:Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role.

How to prepare for a job interview at CoStar Group

Know Your Data

Before the interview, dive deep into the latest trends in the hospitality industry. Familiarise yourself with key performance indicators and data analytics tools like Power BI. Being able to discuss recent market shifts or data insights will show your passion and expertise.

Craft Your Story

Prepare to articulate your experiences in a way that highlights your analytical skills and understanding of hotel performance. Use specific examples from your past roles where you successfully interpreted data and made impactful decisions. This storytelling approach can make your insights more relatable.

Engage with Questions

Interviews are a two-way street! Prepare thoughtful questions about STR's forecasting methodologies and how they adapt to market changes. This not only shows your interest but also gives you a chance to assess if the company aligns with your career goals.

Showcase Your Communication Skills

Since the role involves presenting data and insights, practice explaining complex information clearly and concisely. You might even want to prepare a mini-presentation on a relevant topic to demonstrate your ability to communicate effectively with clients and colleagues.