Revenue Analyst
Hyatt
Date: 9 hours ago
City: Dubai
Contract type: Full time
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Hyatt Centric Jumeirah Dubai, located along La Mer Beach in Jumeirah 1, combines modern elegance with local charm. At Hyatt, we believe in more than just hospitality - we care for people so they can be their best. As a Revenue Analyst, you'll play a key role in bringing our purpose to life, and our hope is that each day you will uncover new reasons to love what you do!
This role is integral in maximizing revenue potential for our hotel by analyzing market trends, monitoring pricing strategies, and providing data-driven insights to support decision-making. The ideal candidate will have a keen eye for detail, strong analytical skills, and a passion for the hospitality industry.
Key Responsibilities
This role is integral in maximizing revenue potential for our hotel by analyzing market trends, monitoring pricing strategies, and providing data-driven insights to support decision-making. The ideal candidate will have a keen eye for detail, strong analytical skills, and a passion for the hospitality industry.
Key Responsibilities
- Analyze daily, weekly, and monthly revenue performance, providing actionable insights to optimize room rates and overall revenue.
- Monitor market trends and competitor pricing, using the data to adjust pricing strategies and forecast demand.
- Collaborate with the Reservations and Sales teams to ensure pricing strategies align with business goals and maximize occupancy.
- Prepare and present detailed revenue reports, highlighting key performance indicators (KPIs) to management.
- Maintain the hotel’s revenue management system, ensuring accurate data entry and up-to-date information.
- Assist in setting pricing strategies, including dynamic pricing, and provide recommendations for special promotions and packages.
- Forecast room occupancy and revenue, identifying potential opportunities for revenue growth.
- Track and report on the effectiveness of promotional campaigns, providing analysis on performance and recommending improvements.
- Support the development of the annual budget, forecasting, and business plan by analyzing historical data and market trends.
- Work closely with the Finance and Marketing teams to ensure consistency in revenue forecasting and financial reporting.
- Help optimize distribution channels and manage online travel agent (OTA) relationships to increase visibility and revenue.
- Bachelor’s degree in Hospitality Management, Business Administration, Economics, or a related field.
- Proven experience in a revenue management, financial analysis, or similar role in the hospitality industry.
- Strong analytical skills with the ability to interpret and present complex data in an understandable way.
- Proficient in revenue management systems, Excel, and other analytical tools (knowledge of Opera, RMS, or similar systems is an advantage).
- Strong attention to detail, with excellent organizational and time management skills.
- Ability to work independently and as part of a collaborative team.
- Excellent communication and interpersonal skills to work with cross-functional teams.
- A proactive approach to identifying opportunities for growth and improvement.
- Knowledge of the Dubai hospitality market and its trends is a plus.
- Fluency in English is required; additional languages are a plus.
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