Revenue Management Specialist
3 weeks ago
About CIE Tours:
We are Ireland and Britain's largest tour operator, offering fully inclusive and expertly guided vacations to Ireland, Britain, Iceland, and Italy.
Our mission is to deliver excellent vacations with state-of-the-art luxury coaches, prompt customer service, the best hotels, and carefully chosen visits and entertainment.
CIE Tours makes it easy for travelers to immerse themselves in a new place with exclusive access, authentic experiences, and in-depth knowledge.
As a Revenue Management Analyst, you will be responsible for supporting and implementing revenue management practices for our company.
This includes analyzing market demand, competitive analyses, implementing pricing strategies, and managing inventory to optimize yields based on demand and supply.
The ideal candidate will have a strong understanding of the travel industry and revenue management principles.
Responsibilities- Implement revenue management operations, procedures, and best practices
- Manage and develop day-to-day yield operations
- Support strategic and tactical actions in collaboration with marketing and sales teams to ensure revenue goals are met
Pricing Strategies:
- Implement pricing strategies in line with industry best practices
- Perform competitive benchmark studies and follow market trends
- Support various departments with individual pricing detail and requirements
- Advise and collaborate with departments to maximize channel performance
Inventory Management:
- Create and maintain a rolling demand calendar
- Analyze inventory data to identify trends and opportunities for improvement
- Report on inventory performance to management
Reporting:
- Provide daily, weekly, monthly, and annual reporting as required
- Provide weekly dynamic forecast of expected results, variances, and budget comparisons
- Daily pick-up analysis, strategy adjustments, and reporting
Estimated Salary: $80,000 - $110,000 per annum, depending on location and experience.
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