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Summary
The role of Analyst, Revenue Management, is to be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets and inventory control measures.Job Description
Responsibilities
Revenue Management & Strategy
Assess and segment demand based on market conditions
Maximise revenue on assigned routes by optimising inventory control measures and overbooking management
Work with Pricing Team to identify opportunities for tactical pricing actions for incremental traffic
Identify opportunities to maximise revenue through demand forecast/ inventory adjustments without significant adverse impact on demand and market share
Benchmark and monitor pricing strategy vs competition
Drive revenue management best practices and enhancements to the revenue management system
Work closely with pricing team, overseas managers and market contacts to identify revenue opportunities and take early revenue management actions
Post departure analysis to ensure strategies align with expected outcomes through constant evaluation of no-shows, go-shows, cancellations, and demand shifts
Revenue Budgeting/ Forecasting
Development of annual revenue budget/ targets by month for assigned routes
Monthly forecast review and adjustments
Systems Settings/ Maintenance
Ensure timely and accurate set up of system influences and strategies
Requirements
Degree with a numerical discipline
Energy and enthusiasm, with demonstrable can-do attitude
Self-starter
Strong numerical and analytical skills with commercial acumen
Fluent written, spoken and reading capability in English
High level of accuracy and detail
Strategic outlook and understanding
Excellent communication skills and experience in working with people at all levels
Ability to maintain the overview and see the bigger picture
Able to create and maintain strong internal and external networks
Able to handle simultaneous projects and adapt to a fast-paced, changing environment
Skills:
Revenue Management