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Revenue & Yield Analyst

Employer
Travel Trade Recruitment
Location
South West London, London, England
Salary
£35000 - £40000 per annum
Closing date
14 Dec 2023

View more

Sector
Leisure
Hours
Full Time
Contract Type
Permanent

Job Details

We are currently seeking a Revenue and Yield Analyst to join our team, as the Revenue and Yield Analyst your role will be optimizing revenue and profitability by strategically managing pricing, inventory, and distribution channels. The primary focus of this role is to maximize revenue from available inventory and effectively balance supply and demand to achieve the organization's financial objectives. The Yield Manager will closely collaborate with various departments, including Commercial, Sales, Marketing and Finance to implement pricing strategies and yield management techniques.

The Job:

  • Revenue Optimization: The primary objective of a Revenue and Yield Analyst is to maximize revenue and profits for the company. This involves developing strategies and tactics to increase the yield.
  • Inventory Management - Analyzing and managing the company's inventory is a crucial aspect of the role. This will include various divisions of products we have and operate.
  • Demand Forecasting: Utilize historical data and market intelligence, to anticipate customer demand and adjust pricing and inventory allocation accordingly.
  • Demand and Pricing Strategy: Determining the right pricing strategy is essential based on demand for achieving optimal revenue. The Revenue and Yield Analyst will utilize historical data and market intelligence, to anticipate customer demand and adjust pricing and inventory allocations accordingly and set competitive and profitable prices.
  • Dynamic Pricing: Implement dynamic pricing strategies that respond to changing market conditions, seasonality, and other factors affecting demand.
  • Data Analysis - Revenue and Yield Analyst will work extensively with data by collecting, analysing, and interpreting data related to customer behaviour, sales patterns, market trends, and other relevant metrics. This data-driven approach helps to make informed decisions.
  • Forecasting and Demand Planning - Based on historical data and market trends, the Revenue and Yield Analyst will create demand forecasts to anticipate future inventory requirements and adjust pricing strategies accordingly.
  • Collaboration - The role involves close collaboration with various teams within the organization. This includes Sales, Marketing, Finance, and Operations to align strategies and ensure the overall business goals are met.
  • Continuous Improvement - Staying up-to-date with industry trends, competitive landscape, and emerging technologies is essential for a Revenue and Yield Analyst to continually improve their strategies and achieve better results
  • Reporting and Performance Monitoring - Regularly report on key performance indicators (KPIs) and metrics related to yield management initiatives. Evaluate the effectiveness of implemented strategies and make adjustments as and when needed. Also helping the Sales team on analysing data relating to resellers.
  • Distribution systems - Familiarity with distribution systems, online booking platforms, and travel industry trends

Skills Required:

  • Proven experience in yield management, revenue management, pricing, or related roles.
  • Highly analytical and detail oriented; skilled in exploring data, discovering patterns, relationships, anomalies and trends
  • Strong communication and negotiation skills to work effectively with various internal teams and external partners.
  • Detail-oriented with a focus on accuracy and precision in pricing and inventory management.
  • Advanced Excel skills
  • Experience in long range planning and forecasting models.

The Package:

  • Salary £40,000
  • Office Based in SW London

Interested:

  • If you would like to apply for the above vacancy, please click 'APPLY' or call / email Helen 02038879444 helen@traveltraderecruitment.co.uk

Company

TRAVEL TRADE RECRUITMENT
Travel Trade Recruitment handles vacancies from hundreds of employers each year. We have a wide variety of permanent and temporary job opportunities within all sectors of the travel industry, including business travel, tour operations, retail travel, and reservations.
We want to help you find the ideal travel industry job, make the next career step, and maximise your potential. We do this by finding out about you, as well as what is important to your career goals and lifestyle aspirations.

TRAINING
We also offer CRS training courses in the four major systems of Galileo, Sabre, Amadeus, Worldspan, and can advise which course would enhance your career.
Find more details at www.traveltradetraining.com

VOTED 'BEST UKTRAVEL RECRUITMENT CONSULTANCY'
Travel Trade Recruitment won three awards in 2009 for Best Travel Recruitment Consultancy, including 'Best UK Travel Recruitment Consultancy' at the Globe Travel Awards, Star Recruitment Consultancy at the Travel Bulletin Awards, and Travel Recruitment Company of the Year at the recent British Travel Awards. We are an official ABTA Industry Partner, Members of the Institute of Travel and Tourism (IATA) and the Recruitment and Employment Confederation.

All information supplied to Travel Trade Recruitment will be dealt with confidentiality. Your details will not be passed onto a Client without your specific permission.

Our service to job seekers is completely free. Contact your nearest office and speak our friendly consultants for free advice, or register for our online recruitment services at

www.traveltradejobs.com

London Office
Tel: 0203 887 9444
Email: london@traveltraderecruitment.co.uk

Birmingham Office
Tel: 0121 222 2624
Email: birmingham@traveltraderecruitment.co.uk

Manchester Office
Tel: 0161 923 6120
Email: manchester@traveltraderecruitment.co.uk

Leeds Office
Tel: 0113 394 4147
Email: leeds@traveltraderecruitment.co.uk

Scottish Division
Tel: 0141 248 5222
Email: scotland@traveltraderecruitment.co.uk

Temp Division
Tel: 0203 887 9444
Email: temps@traveltraderecruitment.co.uk

 

 

Company info
Website
Telephone
0203 887 9444
Location
3rd Floor, 1 Aldgate
London
EC3N 1RE
GB

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