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- Tasks: Maximise hotel revenue through daily management of room inventory and pricing strategies.
- Company: Join Highgate, a leading innovator in real estate investment and hospitality management.
- Benefits: Enjoy competitive hourly pay and the chance to work with industry experts.
- Why this job: Be part of a dynamic team that drives revenue and impacts the hospitality industry.
- Qualifications: Bachelor's degree in Hotel Management or related field; strong Excel skills required.
- Other info: Opportunity to lead meetings and present strategies to executive teams.
Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the Caribbean. Highgate’s portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition.
The Complex Revenue Analyst works directly with the Director of Revenue to maximize hotel revenue through daily management of room inventory and pricing across all segments. In this role you will help develop and recommend room rates and availability strategies to optimize the best mix of business through multiple distribution channels. In addition, this position will be responsible for driving analysis, compiling reports and developing models to support better decisions across the business.
Responsibilities:
- Support hotel’s yield efforts, via analysis and reporting that ensure that all segments and distribution channels are mined for revenue opportunities based on budget, forecast, pace and market demand.
- Maximize revenue potential and ensure proactive and accurate maintenance and management of all systems: Opera/PMS/TravelTripper/Booking Engines/Channel Manager/Lodgiq/Ideas RMS, CRS and Sales and Catering Systems.
- Assist Director of Revenue in preparing short and long-term forecasts.
- Support Director of Revenue and Regional Director of Revenue in compiling and communicating all documents, reports and presentation for required ownership, hotel and regional leadership reporting.
- Own and validate all required data entry for daily, weekly and monthly reports used for monitoring performance against budget, forecast and proforma.
- Ensure that the necessary reports are maintained and systematically analyzed, including but not limited to: STR, Market Segment Analysis, Source Contribution, Internet Production, Pickup and Pace by Segment, Ancillary Fees Contribution and Room Type Statistics.
- Take lead in preparing documents for Weekly RevMax Meetings, providing data in terms of pricing, availability, market demand and promotional opportunities for all segments and channels.
- Lead the meetings in communicating all strategies and actions to executive and/or regional team and/or ownership in the absence of Director of Revenue.
Pay Rate: $25.00/hour - $27.00/hour
Qualifications:
- Bachelors degree or equivalent in Hotel Management or related field.
- Familiarization with hotel revenue management concepts and tools preferred.
- Demonstrated aptitude for problem solving and problem identification.
- Ability to collect, analyze and interpret revenue performance data.
- Must effectively manage and adhere to strict daily/weekly/monthly deadlines.
- Extensive proficiency in Excel, Word, and PowerPoint required and ability to manipulate data essential.
- Knowledge of reservations system and revenue management data.
- Attention to detail required.
- Ability to operate in a team environment.
- Excellent written and verbal communication skills.
- Excellent interpersonal skills and demonstrated maturity.
- Ability to manage multiple tasks and responsibilities at once.
- Perform other duties as requested by management.
Complex Revenue Analyst employer: Highgate
Contact Detail:
Highgate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Complex Revenue Analyst
✨Tip Number 1
Familiarise yourself with the specific revenue management tools mentioned in the job description, such as Opera, TravelTripper, and Ideas RMS. Having a solid understanding of these systems will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the hospitality industry, especially those who work in revenue management roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could help you land the job.
✨Tip Number 3
Prepare to discuss your analytical skills in detail during interviews. Be ready to share examples of how you've used data to drive decisions in previous roles, as this is crucial for the Complex Revenue Analyst position.
✨Tip Number 4
Stay updated on market trends in the hospitality sector, particularly in the gateway markets where Highgate operates. Being knowledgeable about current events and challenges in these areas will show your genuine interest in the role and the company.
We think you need these skills to ace Complex Revenue Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue management and hotel operations. Use keywords from the job description to demonstrate your fit for the Complex Revenue Analyst role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of hotel revenue management concepts. Mention specific tools you are familiar with, such as Opera or Excel, and how they relate to the responsibilities outlined in the job description.
Showcase Analytical Skills: In your application, provide examples of how you've used data analysis to drive revenue decisions in previous roles. Highlight any experience with forecasting and reporting that aligns with the responsibilities of the position.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the Complex Revenue Analyst role.
How to prepare for a job interview at Highgate
✨Know Your Numbers
As a Complex Revenue Analyst, you'll be dealing with a lot of data. Brush up on your understanding of revenue management concepts and be prepared to discuss how you would analyse and interpret performance data. Familiarity with tools like Excel is crucial, so be ready to showcase your skills.
✨Demonstrate Problem-Solving Skills
This role requires a knack for identifying and solving problems. Think of examples from your past experiences where you've successfully tackled challenges, especially in a revenue management context. Be ready to explain your thought process and the outcomes.
✨Prepare for Team Dynamics
You'll be working closely with the Director of Revenue and other team members. Highlight your ability to collaborate and communicate effectively. Share examples of how you've contributed to team success in previous roles, especially in high-pressure situations.
✨Showcase Your Attention to Detail
Attention to detail is key in this position. Prepare to discuss how you ensure accuracy in your work, particularly when it comes to data entry and report generation. You might even want to bring a sample report or analysis you've done in the past to demonstrate your meticulousness.
