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Revenue and Data Analysis Manager

Company: 360 CHICAGO Observation Deck
Location: Chicago
Posted on: November 22, 2021

Job Description:

360 CHICAGO Observation Deck is looking for a Revenue and Data Analysis Manager to help accelerate our business in to 2022 and beyond! Join a team of folks fiercely proud to call Chicago home and help us grow the number guests we welcome to our top-rated experience.

The ideal candidate will be entrepreneurial of mind and ready to take ownership of the revenue and yield optimization strategies for the property. As a member of the leadership team, this individual will play a key role in defining and implementing strategies to growth both attendance and revenue while helping to ensure we provide unparalleled experience and value to our guests.

360 CHICAGO is proud to be a Magnicity brand- a global leader in hospitality and tourism management based in Paris with sites in Europe and the US. Join us and our global Magnicity family in welcoming millions of visitors to our sites annually.

Revenue and Data Analysis Manager

-Responsible for all aspects of revenue management, yield optimization and data analysis.
-Implement pricing and revenue management processes in line with corporate strategy and goals.
-In partnership with Chief Commercial Officer, Sales and Marketing teams, develop an annual pricing and inventory allocation strategy that seeks to maximize revenue, profitability and guest satisfaction.
-Monitor and manage the pricing and inventory allocations on a monthly, weekly and daily basis to revise and respond to changing market conditions, booking pace or demand indicators.
-Partner with the Sales and Marketing teams to develop promotions, discount strategies and to develop profitable product packages to impact revenue and attendance during need periods.
-Implement control tools and policies to maximize revenue and attendance during high demand periods.
-Develop and periodically update attendance and revenue annual budget and forecasts that reflects changing demand indicators and booking pace.
-Conduct competitive analysis of the market as needed to ensure appropriate pricing and positioning strategies.
-Monitor 3rd party sales channels including OTA and multi-attraction Pass product for adherence to pricing and positioning agreements. Identify possible variances between objectives and reality of distribution strategy and propose corrective actions.
-Develop reporting and data analysis tools that provide appropriate presentation of key data to various audiences (corporate team, operations team, shareholders).
-Manage and maintain ticketing system data, product and pricing hierarchy.
-Complete monthly analysis of performance compared to budget and forecast, justify variances and provide recommendations for future improvement of performance.
-Develop and execute strategies for revenue diversification by growing contribution from ancillary revenue sources such as F&B, private events, add-on experiences.
-Ensure pricing strategy supports value perception of guests and implement corrective actions if necessary.
-Develop, maintain and increase peer relationships within the industry with an aim of driving visitation growth expectations as agreed with the Managing Director and the Magnicity Group business plan.

Keywords: 360 CHICAGO Observation Deck, Chicago , Revenue and Data Analysis Manager, Executive , Chicago, Illinois

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