The Revenue Manager is responsible for driving topline performance in the hotel. The RM establishes goals and implements tactical efforts with the goal of promoting revenue growth generation among key customer segments and revenue centers and supporting the hotels brand positioning and image. The role is responsible for data quality and analysis providing gathered intelligence and recommending revenue and ecommerce strategies to the Commercial Strategy team as well as other corporate and ownership entities. In addition the role ensures that inventory allocation and pricing parameters are positioned to support the overall revenue goals of the hotel while assisting all stakeholders in maximizing profit.
The Revenue Manager will be reporting to the Group Director of Revenue Management.
- Leads strategic planning and collaborates with all hotel profit generation teams to actively seek opportunities to drive incremental profit for Rooms Restaurants Spas and other revenue streams.
- Effectively communicates a compelling Total Hotel Profit Optimization vision to all relevant property leaders fosters Revenue Management Culture within the revenue generating departments of the hotel and teaches RM concepts within the hotel.
- Leverages Revenue Management analytics technologies processes tools and training programs to optimize hotel profits.
- Creates short and longterm forecasts that yield the best decisions on pricing and yielding tactics
- Participates in the annual budget process and produces long term projections as required.
- Actively participates in ownership conversations and presentations.
- Monitors relevant economic market and competitive set indicators to derive insightled profit generation strategies.
- Chairs and prepares materials for the weekly Revenue Management Meetings following Brand guidelines.
- Maximizes room revenue contribution through a thorough understanding of all booking channels and management of inventory and rate therein.
- Optimizes pricing promotions and availability strategies through definition and management of all rates rate levels stay restrictions and other tactics which are congruent with demand factors to target the most profitable customer segments to maximize profits.
- Directs and manages all channel distribution strategies. Evaluates new business opportunities related to booking channels.
- Collaborate with the Marketing team to execute measure evaluate and improve digital marketing efforts to support the hotel strategic marketing plans working within the established budgets.
- Together with the Marketing team manages performance reviews with OTA partners keeping uptodate on each partners distribution options and extranet maintenance to ensure optimal display of the hotel. Evaluates extranet enhancements.
- System owner for RMS CRS and TARS Rate shopping system TravelCLICK products Nor1 and hotel specific platforms. Responsible for data quality and system hygiene following Accor standards recommendations and procedures.
- Oversees content management in all electronic channels liaises with hotel Marketing team to ensure regular updates of images and descriptions of hotel room brands outlets and services are completed.
- Maintains relationships with local market competitors to keep informed of trends and news.
- Motivate lead coach and manage all aspects of team members performance towards achieving exceptional guest service and employee satisfaction results.
Qualifications :
Additional Information :
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Remote Work :
No
Employment Type :
Fulltime