Pricing Analyst

Welcome to Bukit Vista

As a Pricing Analyst, you will play a pivotal role in shaping our pricing strategy to ensure competitiveness in the market while maximizing revenue. In addition to your analytical skills and business acumen, you will integrate AI tools and technologies into your role to enhance pricing strategies and pricing decisions, enabling us to stay ahead in the dynamic market.

What will you do:

• Pricing Strategy: Develop and implement pricing strategies, incorporating AI integration, based on comprehensive analysis of business objectives, market dynamics, and the competitive landscape.
• Market Research and Analysis: Conduct regular market research, utilizing AI-powered data analysis, to understand industry trends, competitor pricing strategies, and guest demand patterns. Analyze data to identify pricing opportunities and potential risks.
• Price Optimization: Utilize advanced pricing models, statistical analysis, and forecasting techniques, enhanced by AI, to optimize pricing across our property portfolio, maximizing revenue and occupancy rates.
• Performance Monitoring: Track and analyze property performance metrics, including booking patterns, demand forecasts, and revenue growth, with the support of AI-driven analytics. Identify areas for improvement and make data-driven recommendations to enhance pricing effectiveness.
• Pricing Testing and Analysis: Conduct pricing experiments and A/B tests, leveraging AI tools, to evaluate the impact of different pricing strategies and initiatives. Analyze results to inform future pricing decisions.
• Pricing Tools and Systems: Leverage AI-powered pricing tools, revenue management systems, and data analytics platforms to collect, analyze, and interpret pricing data. Continuously enhance pricing processes and systems for improved efficiency and accuracy with AI integration.
• Collaboration and Communication: Collaborate with cross-functional teams, including sales, marketing, and finance, to align pricing strategies with business goals. Communicate AI-enhanced pricing recommendations and insights to stakeholders, providing clear justifications and supporting data.
• Competitor Analysis: Monitor competitor pricing strategies, promotions, and market positioning, utilizing AI tools to gather and analyze data. Identify opportunities for differentiation and develop strategies to maintain competitiveness.
• Forecasting and Budgeting: Contribute to the forecasting and budgeting processes by providing pricing-related insights and revenue projections, supported by AI. Support financial planning activities to ensure alignment with pricing objectives.

Qualifications:

• Bachelor’s degree in Business, Economics, Finance, or a related field. Advanced degree or specialized training in pricing analytics is a plus.
• Proven experience as a Pricing Analyst, Business Analyst, or in a similar analytical role, preferably in the hospitality or vacation rental industry.
• Strong analytical and quantitative skills, with proficiency in statistical analysis, data modeling, and pricing optimization techniques, including AI integration.
• Solid understanding of pricing strategies, revenue management principles, and market dynamics.
• Proficiency in using data analysis tools and software, such as Excel, SQL, or data visualization platforms. Experience with revenue management systems is advantageous.
• Excellent problem-solving abilities, with the capability to extract meaningful AI-driven insights from complex data sets and present recommendations in a clear and concise manner.
• Strong business acumen and the ability to interpret market trends and customer behavior to drive pricing decisions, enhanced by AI.
• Effective communication and collaboration skills, with the ability to work cross-functionally and influence stakeholders at various levels.
• Detail-oriented with a focus on accuracy, while maintaining an awareness of the bigger picture and business objectives.
• Self-motivated and proactive, with the ability to work independently and manage multiple priorities in a fast-paced environment.
• Your role entails operations leadership. Learn more about it here.

What is it like to work at Bukit Vista?

Let’s hear what our interns and employees say about it.