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About the Role
STR, a CoStar group company, is seeking a London-based Analyst to support international forecasting efforts and ensure STR maintains its position as a leading provider of forward-looking hotel performance data worldwide. This role demands an efficient, data-driven thinker with excellent research and analytic skills and a strong understanding of global hospitality performance. The Analyst will be part of a global forecast team responsible for producing hotel performance forecasts on a quarterly basis alongside actionable narratives underscoring the forecasted data.
Responsibilities
- Assist in the production and delivery of STR's Market Forecasts outside of North America.
- Contribute to the development of forecasting methodology that captures region-specific macroeconomic and hotel performance trends.
- Collaborate with internal teams, STR's external partners, and conduct market research to investigate market conditions and demand drivers, adjusting forecast projections accordingly.
- Proactively build an in-depth understanding of global hotel performance and key trends impacting the hospitality industry, using knowledge of market trends and demand drivers to create compelling hotel performance storylines.
- Communicate effectively through written memos/analyses and verbal interactions with clients and colleagues regarding hotel performance trends and forecast data and assumptions.
- Transform data into meaningful insights by visualizing STR's data for conferences, events, meetings, and client engagements.
- Contribute analyses to blogs, articles and white papers, which are distributed to clients and stakeholders on a regular basis.
- Maintain high levels of data quality and accuracy by applying and maintaining process and robust review.
- Investigate anomalies and potential errors in data to understand the root cause and find resolution.
- Adhere to STR’s standards and guidelines for data confidentiality.
- Maintain proactive and open communication with the Product team, as well as STR’s global analyst teams.
- Keep up to date on hotel industry trends and news, with particular emphasis on the facts that affect hotel performance.
- Ensure CoStar brand and corporate values are evident to the customer at all times.
Requirements
- Strong understanding of the hotel industry, with experience working within the industry a plus.
- Adept in use of MS Office applications, particularly Excel, PowerPoint and Word.
- Familiarity with Power BI and SSMS preferred.
- Customer-focused with excellent relationship-building skills and the ability to present to clients.
- Adaptable to changing working environments, priorities, and organizational needs.
- Results-oriented with the ability to plan, prioritize, and execute tasks independently or as part of a team.
- Analytical and research skills, including the ability to analyse, interpret, and visualize data, and conduct research to explain data and validate information.
- Strong decision-making skills, making timely decisions based on available information and taking ownership of decisions.
- Proficient in presenting trends and insights to relevant stakeholders, both internal and external.
- Excellent organizational and planning skills, with the ability to manage multiple projects within tight deadlines across different time zones.
- Bachelor’s degree and minimum two years of related work experience; or equivalent work experience.
Skills
- Excel
- PowerPoint
- Word
- Power BI
- SSMS
- Data analysis
- Data visualization
- Data storytelling
- Research
- Forecasting
- Hospitality performance analysis
Location
- London
Work Type
- Full-time
Experience Level
- Minimum two years of related work experience
Education Level
- Bachelor’s degree
Benefits
- Full private medical cover
- Dental cover
- Life Assurance
- Member rewards
- 28 days annual leave
- Competitive pension
- Season ticket loans
- Enhanced maternity and paternity pay
About the Company
- CoStar Group is a leading global provider of commercial and real estate information, analytics, and online marketplaces.
- Included in the S&P 500 Index, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.
- STR is the global leader in hospitality data benchmarking, analytics and marketplace insights for the global hospitality industry.
- STR delivers data that is confidential, accurate and actionable to empower our clients to strategize and compete in their markets.
Equal Opportunity
- CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing.
- At CoStar, we recognise the positive value of diversity and promote equality. We aim at all times to recruit the person who is most suited to the job and welcome applications from people of all backgrounds including but not limited to; people of all genders, of all ages, sexual orientations, ethnicities, nationalities, religions and beliefs.