Chicago, IL, United States

Job Description

The Revenue Management Analyst is responsible for managing pricing and availability of tours, private events, retail items, and bar sales. This individual will generate strategies / reports / analysis in an effort to monitor, control, and improve revenue management policies and profitability. In conjunction with inter-departmental stakeholders, this individual will assist in the analysis and evaluation of Revenue Management practices. They will also develop and assist in implementing new processes, procedures and systems transitions.

Key Responsibilities:

• Implement strategic revenue plan, leveraging analytics, to support profit contribution improvement and revenue share growth targets in key segments and markets of responsibility.

• Implement mix optimization plan along key segmentation factors; including product, channel, and customer segments; to support Revenue Per Day (RPD), Revenue Per Tour/Unit (RPT/U), along with market share improvement targets.

• Identify and examine the marketplace, competitor landscape, and overall business trends in relation to revenue management.

• Develop subject matter expertise and become the key point of contact for the implementation of revenue management, including the management of granular rate/decision rules that feed pricing automation; as well as having accountability over the quality control of such automated execution.

• Manage all administrative tasks related to revenue management.

• Develop strong working relationships with corporate and operational personnel and address operational queries.

• Analyze and provide recommendations to optimize most efficient use of capital and equipment

Educational Background:

Bachelor's Degree in a business related or analytical discipline, required.

Professional Experience:

• Prior experience in the hospitality or travel industry, required

• Prior revenue management or analysis experience, required

• Prior experience in a pricing, yield, and/or quantitative marketing environment, preferred

Knowledge:

• Solid understanding of economic concepts and pricing/yield management principles

• Proficient in Google Workspace applications, particularly Sheets

Skills:

• Basic understanding of economic principles

• Strong communication, analytical, and problem-solving skills are essential

• Excellent written and presentation communications

• Excellent interpersonal and collaborative skills

• Must be adaptable to working in a rapidly changing and evolving environment