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1.0 - 3.0 years
3 - 7 Lacs
Kochi
Work from Office
The Revenue Analyst supports the GM/Director of Revenue Management in optimizing the hotel s revenue through effective pricing strategies, inventory control, and market analysis. This role is pivotal in ensuring that the hotel maximizes its profitability by analyzing trends, monitoring competition, and collaborating with other departments to align strategies with the hotel s overall goals. Key Responsibilities: Revenue Management: Assist in the development and implementation of pricing strategies aimed at maximizing hotel room revenue. Monitor and analyze competitors rates, demand trends, and market conditions to provide recommendations for pricing adjustments. Manage and optimize room inventory across various distribution channels, including OTAs (Online Travel Agencies), GDS (Global Distribution Systems), and the hotel s direct booking platform. Support the Revenue Manager in forecasting future revenue and occupancy trends based on historical data and market insights. Data Analysis and Reporting: Collect and analyze data from Property Management Systems (PMS), Central Reservation Systems (CRS), and other relevant sources to monitor revenue performance. Prepare daily, weekly, and monthly reports detailing revenue performance, occupancy rates, and other key metrics. Identify opportunities for revenue growth by monitoring key performance indicators (KPIs) such as RevPAR (Revenue per Available Room), ADR (Average Daily Rate), and occupancy levels. Collaboration and Communication: Work closely with the Sales, Marketing, and Front Office teams to ensure revenue strategies are effectively implemented. Participate in regular meetings to review revenue performance, discuss upcoming events, and adjust strategies as needed. Provide support and training to hotel staff on revenue management principles and best practices to ensure alignment with revenue goals. System Management: Maintain and update revenue management systems to ensure data accuracy and consistency across all channels. Assist in the implementation and management of new revenue management tools and technologies. Address any issues related to revenue management systems promptly to avoid disruptions in revenue operations. Strategic Planning: Contribute to the development of long-term revenue strategies, including pricing models, market segmentation, and distribution strategies. Support the Revenue Manager in conducting market research and competitive analysis to identify new opportunities for revenue enhancement. Assist in the preparation of the hotel s annual budget and revenue forecast.
Posted 2 weeks ago
1.0 - 3.0 years
3 - 7 Lacs
Mumbai
Work from Office
The primary responsibilities of a Revenue Analyst/Executive in a hotel setting involve analyzing and interpreting data to optimize revenue and profitability. On a daily basis, the individual will monitor market trends, manage market segment in system, working proactively on Fornova to benchmark parity, learn and prepare weekly reports and presentation and assess demand patterns to make informed recommendations on room rates and inventory management. The role requires collaboration with sales and marketing teams to manage group segment and ensure alignment with the hotel s financial goals. Additionally, the analyst will prepare detailed reports and forecasts to support decision-making processes and drive revenue growth. The main objective is to maximize the hotel s revenue potential while maintaining competitive positioning in the market. Individual is well versed with Mumbai market and its micro market understanding. Taking responsibility and active participation. Open to learn and grow. Polite in conversation and proactive to help colleagues when in need and ready to support any additional responsibility as and when occur. 10+2 from reputed school. Degree in hotel management from a reputed hotel management institute
Posted 3 weeks ago
1.0 - 6.0 years
3 - 8 Lacs
Kolkata
Work from Office
Revenue Management Analyst. Job description: Revgrow360 is looking for an experienced and motivated Revenue Analyst. You will be responsible for maintaining and improving our Revenue results across multiple categories and enabling the business to provide customised services to customers. Key Responsibilities: Be a helping hand to the Revenue Manager Get the Daily Occupancy report from the Hotels Reply to all questions and reviews on OTAs and Meta Sites Managing rates and inventory as advised by the Revenue Manager or the hotel Listing the hotel on Travel portals like MMT, Goibibo, Booking.com Prepare the ORM report Processing the Prepaid bookings amount from the OTAs Updating no shows, and modifications on Booking.com, Hourly portals Preparing the monthly Hotel Report Parity Check of Hotels Skills Required: Great Communication Skills with the ability to present ideas and concepts clearly. Should be great with Excel and PPT. Benefits & Opportunities: Enhancement of Management skills. Enhancement of Soft skills & Interpersonal skills Team Building skills. Network with Industry stalwarts and Hotel owners Incentives Travel Benefits Trainings Job Type: Full-time Pay: 15,000.00 20,000.00 per month Benefits: Cell phone reimbursement Internet reimbursement Schedule: Day shift Morning shift Night shift Rotational shift Supplemental Pay: Performance bonus Quarterly bonus Yearly bonus Experience: Total work: 1 year (Preferred) Language: English, Hindi & Bengali (Preferred) Work Location: In person Office No #5ES7G, floor-5th, AA11F, Mani Casadona, East Tower, 04, Street Number 372, Action Area I, Newtown, Kolkata, West Bengal 700156 Expected Start Date: 01/07/2025
Posted 1 month ago
1.0 - 4.0 years
10 - 15 Lacs
Bengaluru
Work from Office
Ensures that revenue is recognized in accordance with Corporate and SEC standards. Provides direction to sales organization prior to contracts being concluded. Career Level - IC1 As a member of Revenue Accounting you will assist in the processing of revenue impacting adjustments and reconciling balance sheet account. Monitor revenue, reconcile receivables, and unearned accounts. Work with internal customers to resolve related revenue inquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.
Posted 2 months ago
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