Revenue Manager
Revenue Manager
Posted on :
11-01-2024
Employer Active
1 Vacancy
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Job Description
Req ID : 414441
- A major function of the Revenue Manager is to determine and set room rates and other prices in order to keep hotels competitive and earn revenue. This aspect of the job might include assisting in creating promotional campaigns in order to generate business, work with front desk personnel to track customer trends and reservations, and communicate with sales teams to gather sales figures. Revenue Managers will also forecast future demand and pricing trends.
- In order to determine competitive prices to ensure increased reservations and more revenue, Revenue Managers will periodically evaluate the prices of their competition. They will also analyze economic trends to determine the demand for hotel reservations based on tourism and business travel.
- Revenue Managers will work with various departments within a hotel to create a budget and use accounting processes to determine the hotel’s revenue after expenditures. They will report financial information to general managers and make suggestions for increasing revenue through changes in pricing and efforts in generating more business.
Employment Type
Full Time
Company Industry
Department / Functional Area
Key Skills
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