PARKROYAL Penang resort
PARKROYAL Penang Resort, Batu Ferringhi, Penang., Batu Ferringhi, Penang, Malaysia
Key Responsibilities
Develop and implement dynamic pricing strategies based on demand, seasonality, and competitor analysis.
Utilize revenue management software to forecast occupancy and adjust pricing accordingly.
Monitor and analyze market trends to ensure competitive positioning.
Optimize room rates and packages to maximize revenue while maintaining guest satisfaction.
Conduct regular market research to identify trends, competitor pricing, and demand fluctuations.
Prepare revenue forecasts and financial reports to support budgeting and strategic planning.
Manage room inventory across various distribution channels, including OTAs, direct bookings, and travel agencies.
Ensure rate parity across all booking platforms to maintain consistency.
Work closely with the reservations team to prevent overbooking or underutilization of rooms.
Coordinate with sales and marketing teams to develop promotions and packages.
Generate detailed reports on...