Revenue Manager

Job Description

·           Develop and implement revenue strategies for the hotel

·           Monitor competitor pricing and market trends to adjust strategies.

·           Implement clear and transparent pricing policies

·           Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data.

·           Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centres of the business.

·           Conduct regular performance reviews and optimize pricing and inventory.

·           Mentor, coach and develop junior team members in revenue management practices.

·           Collaborate with sales and marketing, front office and reservation team to promote, support and achieve revenue goals.

·           Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.

·           Leverage your knowledge of the distribution landscape, including online travel agencies and distribution networks to optimize hotel profits.

·           Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel.

Job Requirement

·      Minimum 3 years of experience in revenue management roles in the hospitality industry.

·      Proven ability to work independently while also thriving in collaborative team environments.

·      Proficiency in using PMS and revenue management software/tools.

·      Strong analytical skills and ability to make strategic decisions that enhance revenue growth.

·      Proficient in revenue management principles.