Market Research Analyst(Hospitality)

TOTIMEH & ASSOCIATES LLCSalem, VA
Hybrid

About The Position

The Market Research Analyst is a detail-driven position to support a municipal hotel market study. This role is ideal for an analytical professional who enjoys transforming fragmented data into clear, defensible insights. Working under the direction of the Hospitality Market & Feasibility Consultant (Project Lead), the analyst will gather, organize, and interpret the supply and demand evidence that forms the backbone of the study’s conclusions. This is a data-intensive position requiring strong research discipline, comfort with hospitality performance metrics, and the ability to draft clear, well-structured narrative sections for a client-ready report.

Requirements

  • Bachelor’s degree in market research, economics, business, hospitality, geography, urban planning, or a related field.
  • 2 to 4 years of experience in market research, data analysis, real estate research, or a comparable analytical role.
  • Demonstrated ability to synthesize secondary research into clear written findings.
  • Strong proficiency in Excel, with the ability to build clean, well-organized data tables and charts.
  • Careful, methodical work habits with strong attention to detail, source citation, and data accuracy.
  • Clear written communication skills suitable for drafting report-ready narrative sections.
  • Lodging data platforms (STR / CoStar, AirDNA) or willingness to be trained.
  • Advanced Excel for data organization, analysis, and charting.
  • Public data sources: Census/ACS, BLS, ESRI, local economic development datasets.
  • Word and PowerPoint for narrative development, tables, and exhibits.

Nice To Haves

  • Hands-on experience with STR / CoStar, AirDNA, or comparable lodging data platforms.
  • Familiarity with the hospitality industry, lodging chain scales, and hotel demand dynamics.
  • Experience supporting public sector or economic development research engagements.
  • Knowledge of the Virginia and/or Mid-Atlantic regional market.

Responsibilities

  • Compile a complete inventory of existing and pipeline lodging supplies, including room counts, chain scale, age, and condition.
  • Build competitive sets and conduct penetration and fair share analysis to support market share estimates.
  • Track announced, underdevelopment, or rumored hotel projects that may influence future supply.
  • Identify and quantify primary demand generators across corporate, group, leisure, sports, government, medical, and institutional segments.
  • Profile demand tied to major regional generators sports complex, civic center, college, and regional ballpark including event calendars and room night impact.
  • Gather and summarize historical and projected occupancy, ADR, and RevPAR data, highlighting seasonality and demand patterns.
  • Pull, clean, and reconcile lodging performance data from STR / CoStar (or equivalent) with local sources.
  • Assemble demographic, economic, and employment data from Census/ACS, BLS, and local economic development sources.
  • Draft the market evaluation and demand analysis sections of the report, preparing supporting tables, charts, and exhibits.
  • Maintain organized, source-cited data files for inclusion in the final deliverable package.

Benefits

  • Competitive salary based on experience.
  • 401(k) retirement plan
  • Health Benefits
  • paid time off
  • professional development opportunities
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