Revenue Executive
Revenue Executive
Posted on :
11-11-2024
Employer Active
1 Vacancy
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Job Description
The Revenue Executive will work alongside the Director of Revenue to implement and use Revenue Management methods processes and tools to maximize the revenue. He/she will work closely with the operations team and marketing team to establish strategies in order to maximize revenues.
Primary Responsibilities
- Support the Director of Revenue to define the hotel strategy (in terms of business mix and pricing by season and type of day) for the future periods
- Run daily and monthly reports and analyze the hotel(s) and rooms results and performance (e.g. average rates occupancy rates RevPAR).
- Gather and analyze competitive intelligence to derive insights about the competitive environment and business trends to improve competitive decision making and further the marketing objectives
- Proactively innovate ways to increase the hotels ancillary revenue
- Monitor room inventory and strategize to improve the paid occupancy and ARR of room types
- Survey the market and competitors in terms of performance (e.g. RevPAR Index market penetration) pricing and availability as a basis for future tactical decisions with the Hotel(s) GMs.
- Ensure an accurate and dynamic forecast for the future dates (by room and revenue by segment and day) based on the RM referenced systems recommendations and a daily monitoring of the data (portfolio booking pickup events and calendar events).
- Take daily decisions to optimize the hotel turnover. Decisions in terms of pricing inventory management (RMLs open/close) group quotation distribution channels.
- Ensure that recommendations are implemented in reservation and reception and that systems (PMS TARS RMS) are updated accordingly.
- Manage OTAs and ensure compliance and parity across all channels
- Work closely with Reservations Sales and Front Office to ensure hotel objectives are met
- Ensure that a RM culture is spread in the hotel through the animation of weekly yield and regular coaching/ training sessions for the hotel teams
Qualifications :
- Diploma or Degree in Tourism / Hotel Management or related field
- Experience in revenue manager from 6 months to 1 year (internship or job) completed by a reception/reservation experience.
- Hotel systems (PMS TARS)
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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