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 private medical cover, 28 days leave, and a vibrant work culture.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make an impact in the hospitality industry with data-driven insights.
- Qualifications: Strong analytical skills and a passion for the hotel industry required.
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, 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 analytical 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
- Assist in the production and delivery of STR's Market Forecasts outside of North America under the direction of the Forecast Director.
- 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 market knowledge 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 robust processes and reviewing data; investigate anomalies and errors to determine root causes and solutions.
- 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.
- Keep up to date on hotel industry trends and news, especially factors 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.
- Proficiency in 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 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. In addition to an outstanding working environment based in iconic buildings such as 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.
Equal Employment Opportunity
At CoStar, we recognise the positive value of diversity and promote equality. We recruit the person most suited to the job and welcome applications from people of all backgrounds, including but not limited to people of all genders, 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.
Analyst, STR - London employer: STR
Contact Detail:
STR 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 us insider info and might just land you an interview.
✨Tip Number 2
Show off your analytical skills! Prepare to discuss how you've used data to drive decisions in past roles. We want to see your thought process and how you can contribute to STR's forecasting efforts.
✨Tip Number 3
Be ready to talk trends! Stay updated on the latest in the hotel industry and be prepared to share your insights during interviews. This shows us you're passionate and knowledgeable about the field.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us 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 CV: Make sure your CV is tailored to the Analyst role at STR. Highlight your experience in the hotel industry and any relevant analytical skills. We want to see how your background aligns with our mission to provide top-notch hotel performance data.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the hospitality industry and how you can contribute to STR's forecasting efforts. Keep it concise but impactful, showing us your personality and enthusiasm.
Showcase Your Analytical Skills: Since this role is all about data, make sure to showcase your analytical skills in your application. Mention specific tools you've used, like Excel or Power BI, and any projects where you've turned data into actionable insights. We love a data-driven thinker!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.
How to prepare for a job interview at STR
✨Know Your Data
As an Analyst, you'll be dealing with a lot of data. Make sure you brush up on your analytical skills and understand the key metrics in hotel performance. Familiarise yourself with recent trends in the hospitality industry and be ready to discuss how they might impact forecasts.
✨Showcase Your Research Skills
Prepare to demonstrate your research abilities during the interview. Bring examples of how you've previously conducted market research or analysed data to support your findings. This will show that you can contribute to STR's forecasting methodology effectively.
✨Communicate Clearly
Effective communication is crucial for this role. Practice explaining complex data in simple terms, as you'll need to present insights to clients and colleagues. Consider preparing a short presentation on a relevant topic to showcase your ability to convey information clearly.
✨Be Adaptable
The hospitality industry is ever-changing, so highlight your adaptability during the interview. Share experiences where you've successfully navigated shifting priorities or worked under tight deadlines. This will demonstrate that you're ready to thrive in a dynamic environment like CoStar Group.