Company Description
Sofitel Riyadh Hotel & Convention Center: A Symphony of French Elegance and Saudi Arabian Warmth
The Sofitel Riyadh is dedicated to providing a five-star experience characterized by luxury, elegance, and impeccable service. The hotel's commitment to personalized attention ensures that each guest's stay is not just comfortable but memorable. Blending urban sophistication with refined opulence, the Sofitel Riyadh creates an atmosphere where every detail is thoughtfully curated to offer a unique and unforgettable experience.
By joining us, you will become a Heartist®, because hospitality is, first and foremost, a work of heart.
You will join a caring environment and a team where you can be all you are. You will be in a supportive place to grow, to fulfil yourself, to discover other professions and to pursue career opportunities, in your hotel or in other hospitality environments, in your country or anywhere in the world!
You will enjoy exclusive benefits, specific to the sector and beyond, as well as strong recognition for your daily commitment.
Everything you will do with us, regardless of your profession, will offer a deep sense of meaning, to create lasting, memorable and impactful experiences for your customers, for your colleagues and for the planet.
Hospitality is a work of heart,
Join us and become a Heartist®.
Job Description
- The primary responsibilities of a Revenue Analyst/Executive in the hotel setting involve analyzing and interpreting data to optimize revenue and profitability.
- The role requires collaboration with sales and marketing teams to manage group segment and ensure alignment with the hotel’s financial goals.
- The analyst will prepare detailed reports and forecasts to support decision-making processes and drive revenue growth.
- The main objective is to maximize the hotel’s revenue potential while maintaining competitive positioning in the market.
- Individual is well versed with Saudi / Riyadh market and its micro market understanding.
- Analyze key performance metrics such as room revenue, occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).
- Assist in developing and implementing pricing strategies to ensure competitive market positioning.
- Prepare accurate forecasts and financial projections based on historical data and market demand trends.
- Monitor competitor performance and market shifts, adjusting strategies as necessary.
- Generate regular reports and provide data-driven recommendations to the management team.
- Manage room inventory and distribution across various booking channels to maximize room revenue.
- Implement yield management strategies to optimize profitability during peak and off-peak periods.
Qualifications
- Bachelor’s degree in Business, Hospitality Management, or a related field (or equivalent experience).
- 1-3 years of experience in hotel revenue management or a similar role within the hospitality industry.
- Strong understanding of revenue management principles, data analysis, and forecasting.
- Proficiency in MS Excel and revenue management systems (e.g., Opera, RMS, or similar).
- Strong analytical skills and attention to detail, with the ability to interpret complex data.
- Excellent communication and interpersonal skills for working with cross-functional teams.
- Ability to work independently and meet deadlines in a fast-paced environment.