Market Executive

Market Executive

City of London Full-Time 28800 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse trends, manage inventory, and negotiate with hotels for optimal bookings.
  • Company: Join a dynamic company focused on revolutionising the travel industry.
  • Benefits: Enjoy flexible working options and exciting corporate perks.
  • Why this job: Be part of a fast-paced team that values innovation and collaboration.
  • Qualifications: Bachelor’s degree and 2 years in hotel contracting or revenue experience required.
  • Other info: Opportunity to represent the company at workshops and seminars.

The predicted salary is between 28800 - 42000 £ 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 Department.
  • 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, 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 with us, you'll 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 make a meaningful impact in the hospitality industry while enjoying a fulfilling work-life balance.
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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. Building these connections can often lead to job opportunities.

Tip Number 3

Prepare to showcase your negotiation skills. Since the role involves negotiating with hotels and managing relationships, think of examples from your past experiences where you've successfully navigated challenging discussions or resolved conflicts.

Tip Number 4

Stay updated on the tools and software commonly used in hotel revenue management. Being proficient in these systems can set you apart from other candidates and show that you're ready to hit the ground running.

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 listed 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.

Prepare for Negotiation Scenarios

Negotiation is key in this role. Think of instances where you've had to negotiate terms or resolve disputes. Practise articulating your approach and the outcomes, as this will show your potential employer that you can handle similar situations effectively.

Understand the Company’s Market Position

Research the company’s current market position and its competitors. Being knowledgeable about their offerings and how they compare will help you answer questions more confidently and show your genuine interest in the role.

Emphasise Team Collaboration

This role requires working closely with various departments. Prepare to discuss how you've successfully collaborated with others in previous roles, highlighting your teamwork skills and ability to maintain strong relationships across different teams.

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