We are looking for a passionate and experienced revenue manager ready to take their career to the next level: drive revenue growth across our iconic hotels and brands optimize pricing strategies and channel performance build best practices and work with sector-leading technology.
As Revenue Manager you will collaborate closely with Sales Marketing and Reservations teams including Sales Marketing and Reservations to optimize our revenue performance across a property and achieve our business goals.
You will formulate and execute revenue strategies identify market trends and collaborate closely with the executive team on forecast and pricing. You will be a contributor to our revenue management community of practice internally and externally mentor junior team members and receive learning and development support as you grow your career.
You will;
- Oversee revenue management strategies for the property.
- Ensure consistent pricing and revenue strategy.
- Conduct market analysis and performance benchmarking.
- 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 senior management sales finance and front office teams to align strategies with business goals.
- Ensure reservations are well managed and coordinate with the reservations team.
- 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 hotels.
- Maximize room revenue profit and market share associated with rooms.
- Optimizing the hotels and RGI (Revenue
Generation Index measuring the hotels position as compared to the competition)
sales revenue. - Supports the budgetary process and the yearly strategy.
- Devises the yearly budget per segment determines sales strategy.
- Develops and steers the hotels Revenue strategy.
- Prepares forecasts and chairs the Revenue meeting.
- Updates rates and restrictions throughout all distribution channels.
- Collects integrates and studies market and competition data on a daily basis.
- Maintain the revenue reporting system and analyse reservation patterns.
- Be aware of the strengths and weaknesses of all competing hotel and restaurant
products and provide regular updates after visiting competition hotels allocated for
tracking purposes. - Provide ongoing market intelligence by monitoring business sources and segments.
- Assist the DOS in pursuing new market segments to secure sales and prepare
proposals for consideration. - Ensure that revenues and / or cost controls are maximized through proactive actions
rather than reactive management. - Report on trends in the industry and local markets.
- Conduct the hotels revenue meetings as scheduled.
Qualifications :
- Minimum 2 years of experience in a revenue manager role.
- Previous working experience in Red Sea destinations (Sharm El Sheikh / Hurghada)
- Strong background in resort revenue management and reservations including forecasting budgeting pricing strategies and market analysis
Remote Work :
Yes
Employment Type :
Full-time
We are looking for a passionate and experienced revenue manager ready to take their career to the next level: drive revenue growth across our iconic hotels and brands optimize pricing strategies and channel performance build best practices and work with sector-leading technology.As Revenue Manager y...
We are looking for a passionate and experienced revenue manager ready to take their career to the next level: drive revenue growth across our iconic hotels and brands optimize pricing strategies and channel performance build best practices and work with sector-leading technology.
As Revenue Manager you will collaborate closely with Sales Marketing and Reservations teams including Sales Marketing and Reservations to optimize our revenue performance across a property and achieve our business goals.
You will formulate and execute revenue strategies identify market trends and collaborate closely with the executive team on forecast and pricing. You will be a contributor to our revenue management community of practice internally and externally mentor junior team members and receive learning and development support as you grow your career.
You will;
- Oversee revenue management strategies for the property.
- Ensure consistent pricing and revenue strategy.
- Conduct market analysis and performance benchmarking.
- 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 senior management sales finance and front office teams to align strategies with business goals.
- Ensure reservations are well managed and coordinate with the reservations team.
- 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 hotels.
- Maximize room revenue profit and market share associated with rooms.
- Optimizing the hotels and RGI (Revenue
Generation Index measuring the hotels position as compared to the competition)
sales revenue. - Supports the budgetary process and the yearly strategy.
- Devises the yearly budget per segment determines sales strategy.
- Develops and steers the hotels Revenue strategy.
- Prepares forecasts and chairs the Revenue meeting.
- Updates rates and restrictions throughout all distribution channels.
- Collects integrates and studies market and competition data on a daily basis.
- Maintain the revenue reporting system and analyse reservation patterns.
- Be aware of the strengths and weaknesses of all competing hotel and restaurant
products and provide regular updates after visiting competition hotels allocated for
tracking purposes. - Provide ongoing market intelligence by monitoring business sources and segments.
- Assist the DOS in pursuing new market segments to secure sales and prepare
proposals for consideration. - Ensure that revenues and / or cost controls are maximized through proactive actions
rather than reactive management. - Report on trends in the industry and local markets.
- Conduct the hotels revenue meetings as scheduled.
Qualifications :
- Minimum 2 years of experience in a revenue manager role.
- Previous working experience in Red Sea destinations (Sharm El Sheikh / Hurghada)
- Strong background in resort revenue management and reservations including forecasting budgeting pricing strategies and market analysis
Remote Work :
Yes
Employment Type :
Full-time
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