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Hotel Revenue Optimization Analyst

2 months ago

Knoxville, Tennessee, United States Marriott Knoxville Downtown Full time

Position Overview:

The Revenue Analyst plays a crucial role in supporting the General Manager and hotel leadership by identifying and maximizing revenue opportunities for the assigned property.

Key Qualifications:

  • High school diploma or equivalent is mandatory; a college degree is preferred.
  • Proficient in Microsoft Office Suite, particularly Excel for reporting and data analysis.
  • Adept at creating documents, charts, and spreadsheets to effectively communicate information.
  • Ability to synthesize complex data from various sources and adapt it to meet specific needs.
  • Strong understanding of financial data and basic arithmetic functions.
  • Utilize critical thinking to analyze changes in demand, production, and contribution from various channels.
  • Exceptional presentation and communication skills, both written and verbal.
  • Excellent organizational skills with the capacity to manage multiple tasks simultaneously.
  • Maintain a friendly, objective, and service-oriented demeanor in all interactions.
  • Adhere to company standards and regulations to promote professional and efficient operations.

Primary Responsibilities:

  • Complete necessary training in hospitality systems and processes.
  • Prepare and analyze daily demand reports and reports for revenue strategy meetings; identify future strategy opportunities.
  • Conduct Group Displacements as required.
  • Modify rate and inventory controls as needed and communicate changes to the strategy teams.
  • Assist in the implementation of annual strategic pricing, including rate loading.
  • Schedule and analyze market pricing reports to identify pricing opportunities and competitive pressures.
  • Develop a comprehensive understanding of TravelClick 360 reports for trends, booking windows, and competitive rates.
  • Communicate sales strategies for various timeframes and share strategic changes with relevant stakeholders.
  • Evaluate previous night’s performance: Did the hotel achieve full occupancy? Were overselling decisions effective?
  • Conduct test calls to ensure accuracy in rate quoting and selling approaches.
  • Monitor hotel website, OTAs, and GDS channels for accurate rate quoting and restrictions.
  • Collaborate with the strategy team to forecast future transient demand and assess actual performance against potential opportunities.
  • Participate in meetings and training sessions, and perform additional duties as assigned by management.

Property Information:

Located adjacent to the Convention Center, Marriott Knoxville Downtown offers an ideal setting for both business and leisure travelers. The hotel provides top-notch amenities and services to ensure a pleasant stay.

Guests can enjoy the hotel's prime downtown location, within walking distance of attractions such as the Knoxville Museum of Art and historic Market Square.

Company Overview:

Aimbridge Hospitality is the global leader in third-party hotel management, overseeing a diverse portfolio of over 1,550 hotels across 50 states and 22 countries. Our dedicated associates are committed to delivering exceptional service and results in a culture that inspires excellence.

Benefits:

After an initial waiting period, full-time employees are eligible for a competitive benefits package that includes:

  • Daily Pay options available.
  • Comprehensive Medical, Dental, and Vision Coverage.
  • Short-Term and Long-Term Disability Income.
  • Term Life and AD&D Insurance.
  • Paid Time Off.
  • Employee Assistance Program.
  • 401k Retirement Plan.