Market Executive

Market Executive

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse trends, manage inventory, and negotiate with hotels to ensure optimal product placement.
  • Company: Join a dynamic company that thrives on innovation in the hospitality industry.
  • Benefits: Enjoy flexible working options and a vibrant team culture with exciting corporate perks.
  • Why this job: Be part of a fast-paced environment where your contributions directly impact success and growth.
  • Qualifications: Bachelor’s degree and 2 years of hotel contracting experience required; strong analytical skills a must.
  • Other info: Opportunity for face-to-face negotiations and collaboration across various departments.

The predicted salary is between 28800 - 48000 £ per year.

Main Responsibilities:

  • Understand, analyse and identify trends and opportunities from production reports, destination news and happenings.
  • Manage availability reports ensuring inventory levels are consistently maintained from a last minute to long-term booking perspective.
  • Gain, train and maintain hotels using Supplier Website (Extranet).
  • Analyse competitor benchmarking through price comparisons: pricing/inventory analysis, reviewing international and local competitors both B2B and B2C.
  • Ensure that all product contracted is bookable online (on sale), detecting any possible mistakes from contract loading.
  • Negotiate with hotels for any booking problems related to contract loading to avoid disputes.
  • General support to direct manager: Regional Manager, Market Manager.
  • Ensure product placement and supplier positioning on POS by maintenance of key products, top sales positioning, special offers etc.
  • Negotiate offers based on market trends and conduct channel reviews to ensure products are appearing correctly, also prepare special flyers, EDM and other social media marketing with Marketing Dept.
  • Maintain a perfect relationship with the internal and external departments: Revenue Managers, Hotel Sales, Contracting, Operations, IT etc.
  • Represent the interests of the company in face-to-face negotiations, workshops, seminars and site inspections.

Skills and Experience:

  • Bachelor’s Degree or equivalent.
  • Minimum 2 years of hotel contracting / hotel revenue and distribution experience.
  • Excellent organisational and analytical skills.
  • Team player.
  • Ability to work and thrive in a multi-tasked, fast-paced environment.
  • Professional, “get it done” attitude and work ethic.

Market Executive employer: Dida

As a Market Executive at our company, you will thrive in a dynamic and supportive work environment that values collaboration and innovation. We offer competitive benefits, opportunities for professional growth, and a culture that encourages creativity and teamwork, all set in a vibrant location that fosters both personal and career development. Join us to be part of a forward-thinking team dedicated to excellence in the hospitality industry.
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Contact Detail:

Dida Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Executive

Tip Number 1

Familiarise yourself with the latest trends in the hotel industry. Understanding current market dynamics and competitor strategies will give you an edge during interviews, as you'll be able to discuss relevant insights and demonstrate your analytical skills.

Tip Number 2

Network with professionals in the hotel contracting and revenue management sectors. Attend industry events, workshops, or seminars where you can meet potential colleagues and learn more about the role. This can also lead to valuable referrals.

Tip Number 3

Brush up on your negotiation skills. Since the role involves negotiating with hotels and managing contracts, being able to showcase your ability to negotiate effectively can set you apart from other candidates.

Tip Number 4

Demonstrate your organisational skills by preparing examples of how you've successfully managed multiple tasks or projects in a fast-paced environment. Being able to articulate these experiences will show that you're ready for the demands of the Market Executive position.

We think you need these skills to ace Market Executive

Analytical Skills
Market Trend Analysis
Negotiation Skills
Inventory Management
Competitor Benchmarking
Contract Management
Organisational Skills
Communication Skills
Team Collaboration
Problem-Solving Skills
Attention to Detail
Time Management
Customer Relationship Management
Proficiency in Extranet Systems
Marketing Coordination

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in hotel contracting and revenue management. Use specific examples that demonstrate your analytical skills and ability to identify trends.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Market Executive role. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with supplier negotiations and market analysis.

Showcase Your Skills: Emphasise your organisational and analytical skills in both your CV and cover letter. Provide examples of how you've successfully managed inventory levels or conducted competitor benchmarking in previous roles.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Market Executive position.

How to prepare for a job interview at Dida

Showcase Your Analytical Skills

As a Market Executive, you'll need to demonstrate your ability to analyse trends and opportunities. Be prepared to discuss specific examples from your past experience where you've successfully identified market trends or improved inventory management.

Highlight Your Negotiation Experience

Negotiation is key in this role, especially when dealing with hotels and contracts. Share instances where you've successfully negotiated terms or resolved disputes, showcasing your ability to maintain strong relationships while achieving results.

Demonstrate Team Collaboration

This position requires working closely with various departments. Be ready to talk about how you've collaborated with teams in the past, particularly in fast-paced environments, and how you contributed to achieving common goals.

Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills. Think of situations where you've had to manage multiple tasks or resolve conflicts, and be ready to explain your thought process and the outcomes.

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