2 Years Experienced Candidates from Travel Companies need to apply.
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Job Summary: As a Fare Analyst in the travel industry you will be responsible for analyzing and managing fare structures ensuring competitive pricing and maximizing revenue opportunities. Your role will involve monitoring market trends assessing competitor pricing strategies and utilizing data analytics to optimize fare strategies. You will collaborate with various departments to implement pricing strategies that align with the companys overall business objectives.
Key Responsibilities:
- Fare Analysis and Management:
- Monitor Compare and analyze fare data to identify trends and opportunities.
- Develop and implement Meta competitive fare strategies to maximize revenue.
- Adjust fare levels based on market conditions demand and competition.
- Market Research:
- Conduct market research to stay informed about industry trends and competitor pricing.
- Evaluate economic factors and travel trends that influence fare pricing.
- Data Analysis:
- Utilize data analytics tools to assess fare performance and make datadriven decisions.
- Prepare regular reports and dashboards to present findings to management.
- Collaboration:
- Work closely with sales marketing and operations teams to align pricing strategies with overall business goals.
- Provide input on promotional campaigns and special offers.
- System Management:
- Maintain and update fare structures in pricing systems.
- Ensure accuracy and consistency of fare data across all distribution channels.
- Compliance:
- Ensure compliance with industry regulations and company policies related to fare pricing.
- Monitor and address any pricing discrepancies or issues.
- Continuous Improvement:
- Identify opportunities for process improvements in fare analysis and pricing strategies.
- Stay updated on the latest technologies and methodologies in fare analysis and revenue management.
Qualifications:
- 2 years of experience in pricing or data analysis in the travel industry.
- Strong analytical and problemsolving skills.
- Excellent communication and interpersonal skills.
- Detailoriented with the ability to manage multiple tasks and meet deadlines.
- Knowledge of industryspecific pricing systems and distribution channels is a plus.
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