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Analyst (Revenue Management)

Apply now Job no: 497304
Work type: Full Time
Location: HarborFront Office
Categories: Analyst

JOB SCOPE

Summary of Job Responsibilities

To assist in managing inventory, room rates and occupancy levels, across all distribution channels, in order to maximize hotel profitability.

Job Responsibilities

Assist the Revenue Management Department by performing the following:

  • Yield, manage occupancy and ADR daily both short term and long term to maximize profitability; identify distressed periods and initiate recovery and contingency plans.
  • Assist in analyzing the demand forecast for the property and participate in producing an accurate financial forecast for the property on a regular basis.
  • Understand the needs of different market segments (e.g. Group business, business travel, leisure/FIT travel, casino, wholesale/internet, etc.) and work effectively with Hotel, Convention Sales/Operations Division to develop strategic programs as appropriate to maximize hotel's profitability.
  • Participate in planning and developing programs for attracting and retaining customers, based on short and long term analysis of market conditions and hotel needs.
  • Understand and effectively utilize computerized operational systems for the hotel – hotel property management system and sales and catering system.
  • Manage efficiency of Revenue Management Software.
  • Work to maximize room yield/value through control and rooms availability
  • Develop and analyze required reports and statistics for driving Revenue and Profitability.
  • Recommend rates and availability controls for different channels of distribution.
  • Monitor and Analyze market and competitor trends and key performance metrics and recommend changes in strategies and tactics as appropriate
  • Audit rates on all distribution channels to ensure they are updated correctly.
  • Understand function space allocation and usage.
  • Optimize MICE revenue through seasonal yielding; understanding different types of meetings and events.

 

JOB REQUIREMENTS

  • Degree in business, statistics, finance, hospitality management, or other analytical fields preferred.
  • 1-2 years working experience preferred but not mandatory in an analytical field, or relevant studies.
  • Working knowledge and understanding of various hotel operation systems and revenue management software preferred but not mandatory.
  • Knowledge of Microsoft Excel, Microsoft Access and VBA programming.
  • Be a team player and enjoy working within a dynamic group environment
  • Has a passion for revenue management and strong analytical ability.
  • Be capable of logical thinking.
  • Possess exceptional communication and presentation skills, both written and verbal, including the ability to communicate findings and other data clearly and efficiently to executives and diverse audiences.
  • Be meticulous, able to handle multiple tasks efficiently and in an organized way.
  • Work in a fast-paced, busy, and stressful environment.
  • Meet the attendance guidelines of the job and adhere to departmental and company policies.

You agree that it is a condition of employment that you adhere to and abide by all rules, regulations, policies and procedures including without limitation the rules of conduct of the Company.

It is the Company’s preference to hire individuals who are fully vaccinated. If you are not fully vaccinated but have:

  • Begun the vaccination process and are awaiting the 2nd/3rd vaccination appointment, or are within the 14 day period prior to being classified as fully vaccinated; or
  • Are certified to be medically ineligible for vaccination against COVID-19 by a medical professional;

Please present proof of the above. Your understanding and support is much appreciated.

Advertised: Singapore Standard Time
Applications close:

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