Revenue Analyst

  • Full-time
  • Company Location: Anantara Kihavah Maldives Villas

Company Description

Anantara. The word in Sanskrit means "the flow of water without borders" and evokes the freedom, movement and harmony that are the spirit of the Anantara Experience.

Each Anantara Resort draws its strength from the rich cultural traditions, historic heritage and natural beauty of its destination. As such, every experience is a unique voyage of discovery and inspiration that is distinctly Anantara.

Job Description

Key responsibilities for this position are:

  • To prepare weekly accurate 3 months forecast for hotel rooms revenue by Market Segment/Day.
  • To prepare monthly accurate 12 months forecast for hotel rooms revenue by Market Segment.
  • To actively participate in the production of the hotel’s annual budget and to assist in the creation, update and evaluation of the hotel Sales and Marketing plan.
  • To set and effectively communicate the hotel pricing strategy by market segment with reference to market intelligence, buying patterns and pre determined seasonality.
  • To prepare and chair a weekly Revenue Meeting in the absence of the Revenue leader. Collate and distribute meeting minutes of notes on forecast and strategy changes, including weekly action plan.
  • To ensure compliance with brand, regional and owning company Processes and Procedures pertaining to Revenue Management.
  • To continuously manipulate availability & rates while ensuring parity across all distribution channels.  This allows maximum flexibility to capture all market buying patterns while optimizing REVPAR.
  • To introduce incremental revenue generators to maximize overall hotel revenue.
  • To provide the sales team with performance analysis of top producing accounts, thus providing required analysis to support pricing and re-contracting.
  • Set monthly targets of upselling revenue for front office and reservations department.
  • Monitor competitor availability and pricing on a daily basis, using all available tools such as Industry Reports, Internet, Ring Around, Dummy Bookings etc, and subsequently analysz & report actual performance versus competitive set.
  • Ensure available technology (PMS & RMS) is fully utilized and understood according to property specific business mix and requirements.
  • Ensure optimal use, and measure performance on all distribution channels, to ensure that fair market share is achieved if not surpassed, e.g. iHotelier, GDS, Anantara.com, Tour Operators, Small Luxury Hotels, Regional and Corporate Sales Offices.
  • Assist the Sales & Marketing Team in devising marketing campaigns, to ensure that the Hotel reaches the right people, at the right time, in the right place.
  • Maintaining high standards of data quality through system maintenance.
  • Responsible to drive maximum revenues through preferred Anantara Booking channels by applying relevant pricing and inventory management.
  • Ensure weekly/monthly reporting to the regional/corporate office is adhered to in a timely manner.
  • Implement a database of historical data and supervise its continuous daily capture, and subsequently produce a calendar of events required for revenue and pricing decisions.
  • Carry out analysis of Booking Patterns & Market Trends, and ensure that these are recorded to facilitate future decisions.
  • Liaise with Corporate Marketing to ensure all promotion / programmes are fully understood and right for the business.
  • Understand the dynamics of the Global, National, Regional & Local Political and Economic Market, local Competitors and all demand generators for the destination.

Qualifications

  • Educational Background: A bachelor's degree in finance, economics, business administration, or a related field. A master's degree or MBA can be an advantage.
  • Experience: Prior experience in finance, accounting, or a similar field, with a preference for candidates who have specific experience in revenue analysis or financial forecasting.
  • Technical Skills: Strong proficiency in Excel, familiarity with data analysis tools and knowledge of financial management software.
  • Analytical Skills: Excellent analytical capabilities, with a keen attention to detail, are crucial for accurately interpreting data and making informed predictions.
  • Communication Skills: Effective communication and reporting skills are essential for presenting complex financial information in a clear and understandable way 

Additional Information

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