
Analyst, Revenue Management
1 week ago
Summary
The role of Analyst, Revenue Management, is to be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets and inventory control measures.
Job Description
Responsibilities
Revenue Management & Strategy- Assess and segment demand based on market conditions- Maximise revenue on assigned routes by optimising inventory control measures and overbooking management- Work with Pricing Team to identify opportunities for tactical pricing actions for incremental traffic- Identify opportunities to maximise revenue through demand forecast/ inventory adjustments without significant adverse impact on demand and market share- Benchmark and monitor pricing strategy vs competition- Drive revenue management best practices and enhancements to the revenue management system- Work closely with pricing team, overseas managers and market contacts to identify revenue opportunities and take early revenue management actions- Post departure analysis to ensure strategies align with expected outcomes through constant evaluation of no-shows, go-shows, cancellations, and demand shifts
Revenue Budgeting/ Forecasting- Development of annual revenue budget/ targets by month for assigned routes- Monthly forecast review and adjustments
Systems Settings/ Maintenance- Ensure timely and accurate set up of system influences and strategies
Requirements- Degree with a numerical discipline- Energy and enthusiasm, with demonstrable can-do attitude- Self-starter- Strong numerical and analytical skills with commercial acumen- Fluent written, spoken and reading capability in English- High level of accuracy and detail- Strategic outlook and understanding- Excellent communication skills and experience in working with people at all levels- Ability to maintain the overview and see the bigger picture- Able to create and maintain strong internal and external networks- Able to handle simultaneous projects and adapt to a fast-paced, changing environment
Skills:
Revenue Management
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