At a Glance
- Tasks: Support international hotel performance forecasting and analyse market trends.
- Company: Join CoStar Group, a leader in real estate analytics and insights.
- Benefits: Enjoy competitive salary, private medical cover, and 28 days annual leave.
- Other info: Dynamic work environment with opportunities for personal and professional growth.
- Why this job: Make an impact in the hospitality industry with data-driven insights.
- Qualifications: Strong analytical skills and familiarity with Excel; hotel industry experience is a plus.
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. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.
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.
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
- Under the direction of the Forecast Director, 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.
- Proactively build an in-depth understanding of global hotel performance and key trends impacting the hospitality industry, using knowledge of market trends and demand drivers to create compelling hotel performance storylines.
- Communicate effectively through written memos/analyses and verbal interactions with clients and colleagues regarding hotel performance trends and forecast data and assumptions.
- 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.
- 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.
- Maintain proactive and open communication with the Product team, as well as STR’s global analyst teams, whose members sit in different offices throughout the world.
- 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.
- Must be 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 visualise 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 organisational 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.
WHAT'S 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. As well as having an outstanding working environment based in iconic buildings the BlueFin or one of our key UK-wide hubs. 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 including but not limited to; people of all genders, of all ages, sexual orientations, ethnicities, nationalities, religions and beliefs.
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing. CoStar Group is committed to creating a diverse environment and is proud to be an affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.costargroup.com/careers as a result of your disability. You can request reasonable accommodations by calling 1-855-840-1715 or by sending an email to recruiting@costargroup.com.
Analyst, STR - London employer: CoStar Realty Information, Inc.
Contact Detail:
CoStar Realty Information, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst, STR - London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at CoStar Group. Building relationships can give you insider info and even lead to referrals.
✨Tip Number 2
Prepare for interviews by researching STR and its role in the hospitality industry. Understand their data and how it impacts hotel performance. This will help you speak confidently about how you can contribute.
✨Tip Number 3
Show off your analytical skills! Be ready to discuss past projects where you used data to drive decisions. Use examples that highlight your ability to interpret and visualise data effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at CoStar Group.
We think you need these skills to ace Analyst, STR - London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Analyst role. Highlight your experience in data analysis and the hotel industry, as this will show us you understand what we're looking for.
Show Off Your Skills: We want to see your analytical skills shine! Include examples of how you've used data to drive decisions or insights in your previous roles. This is your chance to impress us with your storytelling abilities!
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 without fluff.
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. Plus, it’s super easy to do!
How to prepare for a job interview at CoStar Realty Information, Inc.
✨Know Your Data
As an Analyst, you'll be dealing with a lot of data. Make sure you brush up on your understanding of hotel performance metrics and trends. Familiarise yourself with STR's methodologies and be ready to discuss how you would approach forecasting and data analysis.
✨Showcase Your Storytelling Skills
Data isn't just numbers; it's a story waiting to be told. Prepare examples of how you've transformed complex data into actionable insights in the past. Think about how you can present your findings clearly and compellingly, especially when discussing market conditions and demand drivers.
✨Be Ready to Collaborate
Collaboration is key in this role. Be prepared to discuss your experience working with teams and external partners. Highlight any instances where you successfully contributed to a project or adapted your approach based on team feedback or changing priorities.
✨Stay Current on Industry Trends
The hospitality industry is always evolving. Before your interview, read up on the latest trends and news affecting hotel performance. This will not only show your passion for the industry but also help you engage in meaningful conversations during the interview.