Area Revenue Analyst optimizing hotel revenue across Hilton and Marriott hotels portfolio. Focusing on pricing strategies, market mix, and enhancing profitability in north Chicago.
Responsibilities
Manage and optimize room inventory and pricing strategies across the hotels
Develop room rates and availability strategies based on market conditions and demand, while ensuring adherence to brand standards property
Analyze historical data, market conditions, and demand trends to generate accurate booking forecasts and revenue projections for each hotel
Monitor the performance of all hotels by benchmarking key performance indicators (KPls) such as occupancy, ADR, and RevPAR
Build and manage rate plans according to established revenue management guidelines
Track and assess the effectiveness of sales promotions and tactical offers, with a focus on driving revenue and achieving set performance targets across the portfolio
Monitor and manage room inventory and pricing across all distribution channels, ensuring optimal placement and exposure for each property
Assist in developing and reviewing annual revenue and pricing strategies in collaboration with each hotel's management team
Update, process, generate and distribute daily, weekly and monthly revenue management reports and enter data into various systems, including Excel
Conduct competitive set assessments and industry benchmarking for each property.
Requirements
Expertise in Hilton and Marriott Revenue Systems with Hilton required
Proficiency in revenue management tools (e.g., GRO, One Yield, MARSHA)
Advanced Excel skills and experience with Business Intelligence tools (e.g., STR, Amadeus, Lighthouse) for data analysis and revenue modeling
Strong analytical and problem-solving skills, with a focus on interpreting complex data and making revenue-boosting decisions
Excellent communication skills to present analysis and recommendations clearly and effectively to both branded and independent hotel teams
Familiarity with Property Management Systems (PMS) and Channel Management tools used by Hilton and Marriott hotels.
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