Revenue Manager
As Revenue Manager, you are responsible for analysing and presenting financial data that will help the Sales and Senior executive teams to make well-informed decisions about potential new business and the market, in general.
- Manage and lead the Team through day-to-day operations, as well as strategically guide the Revenue department to achieve Team and organisational goals
- Ensure yield exemptions are investigated and analysed and new business opportunities are identified
- Gather and analyse statistics, yield information and all other relevant information in order to identify potential new business, markets and trends, and to minimise risk
- Prepare a three-month market segment outlook and maintain on a daily basis by monitoring actual results versus forecast for plan achievement
- Complete and analyse month-end reports
- Outline risks and opportunities relative to meeting rooms versus Guest room availability to present at weekly meetings
- Record and analyse all refused, lost, cancelled and waitlisted business for both Guest rooms and Conference and Banquet (Conference and Banquet) meeting space
- Ensure effective information gathering and analysis is conducted in order to identify and maximise on all possible opportunities and minimise any risks
- Ensure Team Members have current knowledge for all relevant processes, policies and promotions, as necessary, to perform their duties
- Manage staff performance in compliance with company policies and procedures
- Recruit, manage, train and develop the Revenue Team