Revenue Management Analyst
3 days ago
The role of a Revenue Management Analyst is to be responsible for the forecasting and management of a given set of routes/markets; utilizing revenue management and inventory control systems to analyze, plan and implement demand management strategies which are critical in maximizing passenger revenue.
**Key Responsibilities**
- Analyse historical and future passenger demand trends to understand the socio-economic drivers behind demand changes in order to drive accurate demand inputs into the revenue management system.
- Closely monitor passenger booking trends and anticipate the effect of news, happenings and events on demand.
- Work within a team of other Revenue Management and Pricing Analysts to plan and implement demand and inventory strategies for the network.
- Compile reports to facilitate performance tracking and monitoring, and to support pricing and sales planning decisions.
- Engage with overseas sales teams to identify and steer revenue opportunities.
- Effectively manage a team of flight analysts to over-see the day-to-day management of flights.
- Liaise with reservations and airport teams as necessary to manage operational requirements around passenger bookings and flight loads.
- Participate in cross-departmental and cross-divisional projects that impact revenue management.
- Work with the internal technology teams to design, test and implement system projects and enhancements.
**Requirements**:
- Bachelor’s Degree is required, with Engineering, Mathematics, Statistics, IT or related fields being preferred.
- Comfortable working with quantitative and qualitative data with good analytical skills
- Enjoy working in a team, whilst being able to work independently on assigned projects
- Have previous work experience in Revenue Management, Analytics or IT is an advantage
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