Financial Accountability: Responsible for maximizing revenue in all business environments.
Conditions of Work: Normal administrative office and hotel working conditions.
Role Overview Purpose: To maximize Hotel Revenue by accurately analyzing data proactively identifying opportunities and risks and providing relevant recommendations to the Director of Revenue Management.
Summary of Responsibilities:
- Ensure daily pricing strategies are optimized and to review / assist in the redesign of the pricing strategies if necessary
- Ensure that revenue management standards and system health are maintained at a superior level daily.
- Promote and share Revenue Culture across the revenue generating departments and work with them on strategies for different market segments to optimize business mix
- Provide support to optimize production across all distribution channels keeping in mind cost guest loyalty and seamless connectivity
- Provide support in pricing strategy in line with brand standards and hotels positioning
- Ensure weekly / monthly reporting is accurate and delivered in a timely manner
- Attend all meetings related to revenue management function and prepare reports and presentations when necessary
- Support forecasting and budgeting processes
- Liaise with sales & marketing front office and F&B teams to communicate revenue management strategies and maximize revenue
Qualifications :
Qualifications:
- 2 Years experience in Revenue Management
- Bachelors or Masters Degree in Hospitality Business Administration Finance Economics
- Excellent understanding of luxury hospitality
- Understanding of pricing and inventory management techniques
- Knowledge of ancillary revenues revenue management is a plus
- Knowledge of TARS applications is a plus
- Proficient in Microsoft Office applications
- Knowledge of revenue management systems
- Understanding of tools used to identify market opportunities and risks such as STR report and rate shopping tools.
- Results oriented
- Multiple hotel experience is a plus
Remote Work :
No
Employment Type :
Fulltime