Analyst, Revenue Management
Royal Caribbean Group
What we're looking for:
Location : Miami, FL (Port of Miami office)
Format : In Person Monday - Thursday and remote on Friday's
Journey with us!Combine your career goals and sense of adventure by joining our incredible team of employees at Royal Caribbean Group . We are proud to offer a competitive compensation and benefits package, and excellent career development opportunities, each offering unique ways to explore the world.
We are proud to be the vacation-industry leader with global brands — including Royal Caribbean International, Celebrity Cruises and Silversea Cruises — the most innovative fleet and private destinations, and the best people. Together, we are dedicated to turning the vacation of a lifetime into a lifetime of vacations for our guests.
Royal Caribbean team has an exciting career opportunity for a full-time Analyst, Revenue Management reporting to the Manager, Revenue Management.
Position Summary
As a Revenue Management (RM) Analyst, you will manage inventory, pricing, and ticket revenue for our Royal Caribbean International ships. By leveraging data sets and B.I. dashboards, you will help us understand booking trends and demand for our products. You will identify opportunities for incremental revenue and will be given much decision-making authority. Although the role is by nature analytical, our working environment is collaborative, and will require frequent coordination with multiple stakeholders - from people on your own team, to folks in other divisions including Sales, Marketing, Operations, Commercial Planning, and Data Science. You can expect ample opportunities for growth, inside and outside of the department.
Essential Duties and Responsibilities
- Optimize yields through data-driven inventory management and pricing strategies
- Develop pricing and promotional strategies at different levels (ex. market, booking channel)
- Conduct ongoing competitor price and product analysis
- Validate reports and data at different levels of granularity
- Quote incentive group and charter business opportunities
- Provide frequent performance updates to key stakeholders, including senior leadership
This position description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employee will be required to perform any other job-related duties assigned by their supervisor or management.
Qualifications, Knowledge & Skills
- Students graduating with a Bachelors degree (B.A./B.S.)
- Some work or internship experience, preferably in business, pricing, and/or financial analysis
- Proficiency in MS Excel (ex. Pivot tables, VLOOKUPs) and other MS Office applications
- Understanding of revenue management and/or basic economic concepts
- Ability to organize and analyze large volumes of data independently, and make data-driven decisions and/or recommendations
- Ability to work in a collaborative environment and manage multiple projects at once.
- Determines strategies and executes decision making to drive at least $400M in annual revenues.
- Responsible for execution of management of inventory supply in response to market demand to achieve forecasted revenue and maximize volume.
- Establish and maintain pricing for each sailing, category, and passenger type in the assigned product portfolio.
- Understand implications of currency changes and alter market specific pricing to optimize sourcing mix.
Physical Requirement
The physical demands described here are representative of those requirements employees must meet to perform the essential functions of this job with or without reasonable accommodations. While performing job functions the employee is regularly required to sit, stand, write, review and type reports, compile data, operate a pc, communicate, listen, and assess information. The employee may move about the office complex, may travel to other office locations and may lift, push, pull or move 10 - 15 pounds. Visual requirements include distant, close and color vision, and ability to adjust focus.
Working Conditions
Miami based position with some travel. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job with or without reasonable accommodations. The environment includes office locations, and/or moving inside/outside the office.
We know there's a lot to consider.
As you go through the application process, our recruiters will be glad to provide guidance, and more relevant details to answer any additional questions. Thank you again for your interest in Royal Caribbean Group. We'll hope to see you onboard soon!
It is the policy of the Company to ensure equal employment and promotion opportunity to qualified candidates without discrimination or harassment on the basis of race, color, religion, sex, age, national origin, disability, sexual orientation, sexuality, gender identity or expression, marital status, or any other characteristic protected by law. Royal Caribbean Group and each of its subsidiaries prohibit and will not tolerate discrimination or harassment.
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