Description
COMPANY OVERVIEW:
At Stay Porter, we prioritize healthy and professional communication. We ensure that all employees have the opportunity to communicate with each other so information is shared efficiently. We strive to make sure everyone on our team feels welcome, heard, and like a member of the family.
Why We Stand Out:
As an Arizonan vacation rental company with more than 20 years of experience, we share the benefits of our extensive knowledge with our clients. We provide full-service property management, from maintenance to marketing, and offer a team with an in-depth understanding of the business and the industry's constant changes.
POSITION SUMMARY:
As our Junior Rate Analyst, you will play a crucial role in developing and implementing revenue management strategies to maximize property performance. By collaborating with dedicated colleagues and leveraging your technical expertise and critical thinking skills, you will significantly impact our organization's success.
Your primary focus will be on analyzing market trends, competitor pricing, and demand to adjust pricing strategies and maintain competitiveness. Utilizing data-driven insights and industry tools, you will forecast demand, occupancy, and revenue projections to optimize our portfolio's performance. You will work closely with marketing and sales teams to align pricing strategies with marketing campaigns, ensuring a cohesive approach to revenue generation.
RESPONSIBILITIES:
- Collaborate with dedicated colleagues using technical expertise and critical thinking to develop and implement revenue management strategies.
- Analyze market trends, competitor pricing, and demand to adjust pricing strategies and maintain competitiveness.
- Utilize data-driven insights and industry tools to forecast demand, occupancy, and revenue projections.
- Collaborate with marketing and sales teams to align pricing strategies with marketing campaigns.
- Conduct regular property and portfolio performance analyses and provide actionable recommendations.
- Monitor and adjust pricing and inventory strategies across various channels to optimize property performance and maximize revenue.
- Establish precise revenue targets, track real-time performance against the budget, and produce regular progress reports.
QUALIFICATIONS:
- Proven experience (3+ years) in revenue management, pricing, or yield management within the vacation rental or hospitality industry.
- Combined senior-level vacation rental management experience and revenue management experience will be considered.
- Documented proficiency in revenue management systems and tools specific to the vacation rental industry, such as Key Data Dashboard, Beyond Pricing, Airdna, etc.
- Strong analytical skills with the ability to interpret data and make strategic decisions.
- Excellent communication and interpersonal skills to collaborate effectively across teams or interact with homeowner clients.
- Ability to adapt quickly to changing market dynamics and implement innovative revenue strategies.
- Strong multi-tasking skills along with the ability to meet deadlines.
- A bachelor's degree in Business, Hospitality, Economics, or a related field is preferred.
COMPENSATION & BENEFITS:
Annual Salary: $50,000 - $70,000
Benefits
- Paid time off such as PTO, sick days, and vacation days
- Health insurance
- Dental insurance
- Vision insurance