Revenue Manager
Revenue Manager
Posted on :
18-10-2024
Employer Active
1 Vacancy
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Job Description
- Maximize Revenue Incomes for Individual Group and Conference business.
- Implement weekly RevPro meetings with a directive on Revenue Strategies. Discuss Sales Strategies with Director of Sales and Marketing and General Manager.
- Maintain and manage all Reservation Channels ensuring RIL rate integrity policies.
- Analyse Market Conditions trends and business opportunities.
- Develop execution and review an optimal revenue strategy.
- Provide Education and training to Front Office Reservation and Sales.
- Active role in Forecast and Budget creation and Sales and Marketing Plan.
- Ensures all directions are followed at the request of Senior Management.
- To manage the room inventory to maximize yield per available room.
- To analyse the impact of promotional programs.
- Update and maintain all 3rd party websites and GDS TARS & Hotel Distribution on a daily basis.
- Set daily selling hurdle and market rate to maximize yield and implement an upselling program.
- Maintain communication of any changes to Senior management.
- Effective communication on the hotel level and with the Regional Director of Revenue.
- Create and communicate overbooking policy and adjust according to market mix daily movements historical wash and lead times.
- Competition analysis for all main reservation channels.
- Recording turnaways in PMS.
- Update daily Pickup report.
- Review of noshows with DOSM and decision about charging fees.
- Controlling all reservation movements for standard coding with direct feedback and monthly training on mistakes.
- Ensure correct market segmentation of gained business.
Qualifications :
Success in the role will be determined through evaluation by demonstrating the following minimum qualifications:
- Minimum 5 years experience in Revenue Management at a Hotel is preferable.
- Strong business acumen and ability to identify and capitalize on business opportunities.
- Multiproperty management is a plus.
- Excellent leadership motivation and communication skills.
- Proven entrepreneurial skills and mindset/.
- Strong computer skills and number oriented.
- Written and spoken professional business English language.
- Good presentation skills.
- Advanced Microsoft Excel and prior experience with revenue systems are required.
- Demonstrate the ability to forecast sales and trends in the market.
- Ability to work in a stressful environment and good analytical approach to problemsolving.
- Proven ability to build and maintain good relationships.
- Communicate thoughts actions and opportunities clearly with assertive skills.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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