Data Scientist 3

Data Scientist III, Pricing Analytics and Forecasting

Who are we looking for?

Choice Hotels, one of the world’s largest lodging franchisors, has an exciting new opportunity as a Data Scientist III, Pricing Analytics and Forecasting within their Pricing Strategy and Revenue Management Technology Department.  The Pricing Strategy and Revenue Management Technology Department supports franchisees in maximizing their revenue potential by providing them with technology, analytics, tools, and processes for driving optimal pricing and promotional rate decisions.  They also measure and report weekly revenue trends to internal stakeholders to identify potential opportunities and gaps. As a key member of this team, you will provide thought leadership and drive our Analytical capabilities, and collaborate with other Center of Excellence cross-functional groups such as marketing, Loyalty, Technology, etc.,

Are you a self-starter highly motivated to win and create a high-performing team? If so, we invite you to apply today for our Data Scientist, Pricing Analytics and Forecasting role today and #MakeItYourChoice

Your Responsibilities

• Drive predictive models and possess expertise in implementing forecasting models, regression and feature engineering, model training, validation, and testing. Analyze historical data and identify patterns, trends and correlations to inform forecasting models

• Build statistical models to drive business decisions, automate reports to provide data insights  

• Collaborate with IT, data delivery, and analytic teams to enhance data infrastructure to support Data science, AI modeling capabilities and deploy to evaluate pricing, promotional strategies, and segmentation strategies

• Create system health KPIs for vendor-provided RM system solutions and measure price optimality. Design A/B tests test pricing and promotional strategies. Track and measure competitor price position and price elasticity at the hotel level, benchmarked against local comp and STR reports

• Perform self-directed ad-hoc analysis to identify drivers of business outcomes. Report findings, recommendations, and conclusions resulting from analysis. Create data visualizations in Tableau. Matplotlib, Seaborn Excel or other similar tools to present findings

• Research and maintain subject matter expertise in industry, consumer, economics, and internal factors that impact the business unit’s decision-making. Work with Corporate Strategy, FP&A, and Analytics team to understand organizational view and financial impacts

Your Experience, Skills & Competencies

• Master’s degree in Statistics, Mathematics, Computer Science, Economics, Information Systems, Business Analytics or other related quantitative field

• 2+ years of professional experience working with structured data to perform statistical analysis, develop predictive models, and provide business insight.

• High Proficiency in Python, R, and SQL is required and experience with a range of algorithms, including supervised and unsupervised methods

• Experience in ML frameworks such as tensor flow, PyTorch, Keras, and Scikit-Learn for building and deploying models is a plus

• Knowledge of pricing and revenue management principles and Hotel management is a plus

• Must be an energized self-starter who can work independently

• 1+ years of professional experience creating data visualizations in tableau and creating and scheduling in-memory data cubes and connecting to live data, professional experience utilizing R/Python or other statistical, analytic software to answer complex business problems

• 2 years of professional experience performing predictive analytics (including forecasting, time series, linear and logistic regression)

• Experience performing power analysis and significance testing, implying causal inferences and extracting insights from data

• Solving in a collaborative, team-oriented environment and ability to demonstrate initiative, persistence, and resolve in creative problem

• Strong strategic and critical thinking skills, asks thoughtful and relevant questions, ability to draw conclusions from data and formulate hypotheses

• Strong initiative, organization, communication, teamwork, collaboration, and analytical skills

• Strong interpersonal skills: ability to build positive relationships, exhibit and earn trust

• Must be able to work independently and apply high level critical thinking skills to understand and solve complex problems having multiple variables, and work across departments and disciplines to design solutions.

• Proficiency in Python, R, SQL is required.  Tableau is a plus

• Proficient in MS Excel and PowerPoint.

Your Team

This is an individual contributor role that will report to the Sr. Director, Pricing Analytics and Revenue Management Technology. You will have 4-5 peer teammates and collaborate with cross-functional departments on a regular basis.

Your Work Location

As our Data Scientist III, Pricing Analytics and Forecasting, you will be a remote-based associate, working from your home office. You will be required to connect virtually with Choice team members and leadership on video via Zoom, with possible periodic travel in-person to our beautiful, state-of-the-art worldwide offices in North Bethesda, MD, Scottsdale, AZ, or St. Louis Park, MN.

Salary Range

The salary range for this position is $112,000 to $132,000 annually.

The pay range listed is for this position and is what Choice Hotels reasonably expects to pay. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

Choice prioritizes our associate wellbeing by offering a comprehensive benefits program that is both competitive and flexible to help you achieve your wellbeing goals - here are just a few:

• Competitive compensation and benefits, including medical, dental, and vision coverage

• Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance

• Financial benefits for retirement and health savings

• Employee recognition programs

• Discounts at Choice hotels worldwide

Choice prioritizes our associate wellbeing by offering a comprehensive benefits program that is both competitive and flexible to help you achieve your wellbeing goals - here are just a few:

• Competitive compensation and benefits, including medical, dental, and vision coverage
• Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance
• Financial benefits for retirement and health savings
• Employee recognition programs
• Discounts at Choice hotels worldwide

About Choice

Choice Hotels International, Inc. (NYSE: CHH), is one of the largest lodging franchisors in the world. With 7,500 hotels in 45+ countries and territories, we offer a range of high-quality lodging options in the upper upscale, upper midscale, midscale, extended stay, and economy segments. We’re the hotel company for those who choose to bet on themselves — the striver, the dreamer, the entrepreneur — because that’s who we are, too.

At Choice, we are united by the simple belief that tomorrow will be even better than today — for associates, our company, and our franchisees. At our worldwide corporate headquarters in North Bethesda, Maryland, at our technology center in Scottsdale, Arizona, and through our associates around the globe, every voice is heard and every idea is listened to, no matter what area of the company they come from. We are united in supporting the entrepreneurial dreams of our thousands of franchise owners, which propels us forward — giving our work at Choice a purpose larger than our business.

Our corporate office locations:

North Bethesda, MD — Located at Pike & Rose, our worldwide headquarters is less than 15 miles from Washington, D.C., one block away from the North Bethesda Metro station, with easy access to I-495, complimentary parking, electronic charging stations, restaurants and retail.

Scottsdale, AZ — Located at the northwest corner of Loop 101, the Scottsdale office is home to our technology, eCommerce and customer service organizations, with easy access to complimentary parking, electronic charging stations, restaurants and retail.

Minneapolis, MN — Select roles are based in our Minneapolis office on Highway 394, near the intersection with Highway 100, only five minutes from downtown.

Field/Remote — Select roles designated as field/remote will require associates to work from a home office, connecting virtually with Choice team members and leadership on Zoom, with possible required travel depending on the role.  

Choice’s Cultural Values

Welcome and Respect Everyone | Be Bold | Be Quick | Listen | Be Curious | Show Integrity

Choice’s Leadership Principles

Act with Intention | Lead with Authenticity | Grow & Deliver