Assistant Manager - Revenue
Assistant Manager - Revenue
Posted on :
04-02-2025
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1 Vacancy
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Job Description
We are seeking a detailoriented and analytical Assistant Manager Revenue to join our team in Chennai India. In this role you will play a crucial part in developing and implementing revenue management strategies to maximize our organizations financial performance.
- Assist in formulating and executing revenue management strategies and pricing decisions
- Analyze booking patterns market trends and competitive data to forecast demand and adjust pricing accordingly
- Monitor and optimize room rates availability and inventory to maximize revenue
- Generate and analyze daily weekly and monthly revenue reports
- Track and report on key performance indicators (KPIs) including occupancy average daily rate (ADR) and revenue per available room (RevPAR)
- Prepare and present reports and recommendations to the Revenue Manager and other stakeholders
- Conduct market research to identify trends opportunities and threats
- Monitor competitor pricing promotions and market positioning
- Provide insights and recommendations based on competitive analysis
- Collaborate with sales and front office teams to ensure optimal pricing and inventory management
- Utilize revenue management systems (RMS) and property management systems (PMS) to track and manage inventory and pricing
- Ensure data accuracy and system integrity for effective decisionmaking
- Assist in training and mentoring junior staff or new team members in revenue management practices and tools
- Stay updated with industry trends and best practices through continuous learning and professional development
Qualifications :
- Bachelors degree in Hospitality Management Business Administration or related field
- 23 years of experience in revenue management or a related role
- Strong knowledge of revenue management strategies and pricing optimization techniques
- Proficiency in revenue management systems (RMS) and property management systems (PMS)
- Advanced skills in Microsoft Excel and data visualization tools
- Excellent analytical and problemsolving abilities
- Strong communication and presentation skills
- Ability to work collaboratively in a team environment
- Detailoriented with a high level of accuracy in data analysis and reporting
- Goaloriented mindset with a focus on achieving revenue targets
- Adaptability to changing market conditions and ability to make quick datadriven decisions
- Knowledge of the hospitality industry and current market trends (preferred)
- Experience with statistical analysis and forecasting methods
- Ability to work under pressure and meet deadlines in a fastpaced environment
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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