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The differences between revenue managers and revenue analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a revenue manager, becoming a revenue analyst takes usually requires 2-4 years. Additionally, a revenue manager has an average salary of $86,270, which is higher than the $66,985 average annual salary of a revenue analyst.
The top three skills for a revenue manager include revenue cycle, reservations and customer service. The most important skills for a revenue analyst are revenue cycle, customer service, and patients.
| Revenue Manager | Revenue Analyst | |
| Yearly salary | $86,270 | $66,985 |
| Hourly rate | $41.48 | $32.20 |
| Growth rate | 10% | 9% |
| Number of jobs | 110,405 | 65,034 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 69% |
| Average age | 39 | 40 |
| Years of experience | 10 | 4 |
A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.
A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits. There are also instances when a revenue analyst must devise plans to cut costs, recommend budgets, build models, develop revenue forecasts, and comply with the laws and regulations. Furthermore, it is also essential to implement the company's policies and guidelines to the team and every task involved.
Revenue managers and revenue analysts have different pay scales, as shown below.
| Revenue Manager | Revenue Analyst | |
| Average salary | $86,270 | $66,985 |
| Salary range | Between $59,000 And $124,000 | Between $48,000 And $91,000 |
| Highest paying City | Novato, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | |
| Best paying industry | Technology | Technology |
There are a few differences between a revenue manager and a revenue analyst in terms of educational background:
| Revenue Manager | Revenue Analyst | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between revenue managers' and revenue analysts' demographics:
| Revenue Manager | Revenue Analyst | |
| Average age | 39 | 40 |
| Gender ratio | Male, 41.6% Female, 58.4% | Male, 42.3% Female, 57.7% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 7% |