Revenue Manager

Revenue ManagerYour Day to Day

• Manage and maintain group and transient inventory controls.
• Develop, monitor, and adjust sales and pricing strategies.
• Provide critical analysis of strategies, room's statistics and demand factors.
• Conduct competitive and demand analysis.
• Maintain distribution channel data integrity.
• Excellent interpersonal and communication skills and the ability to work well with co-workers and the public.
• Attention to detail and organizational skills are a must.
• Strong time management skills and ability to prioritize work.
• Independently implements appropriate hotel inventory distribution strategy; maintains accurate rates and inventory allotments in the IDS/GDS/CRO and property PMS in a timely manner to promote rate parity throughout all booking channels.
• Develops near and long-term top-line rooms revenue hotel forecasts upon request from the Regional Director of Revenue Management.
• Loads all preferred, consortia and promotional rates in GDS and PMS.
• Spearheads troubleshooting and resolution of any GDS rate loading issues as they occur.
• Analyzes independently and determines whether hotel is effectively marketing itself across electronic distribution channels.
• Participate and prepare rolling forecast and annual budget for each property using PMS, Delphi, Redx, IDeaS and forecasting tools RevTOOLS.
• Ensure that all rooms statistics reports, including the Financial statement, and any other related reports are accurate and consistent.
• Ensure that all revenue management related systems are maintained including Opera/Fidelio/Protel, Redx/Synxis/ IDeaS, Electronic channels, GDS, and Delphi.
• Support the NSA at the property level to complete the monthly audit in making sure that the Delphi / IDeaS system is being utilized effectively.
• Attend Weekly Sales Meeting to maintain communication of strategies and need periods.
• Manage all aspects of rate & inventory management as outlined in the services contract.
• Lead a Revenue & Reservations team, providing direction on revenue management best practices, PMS/CRS/External Yield systems best practices, third party channel best practices.
• Prepare training materials, training schedules, and systems training for the team members.
  

What We Need From You

• Candidate must have excellent analytical skills and must fully comprehend the travel industry distribution landscape.
• Candidate must be able to effectively communicate ideas in verbal and written presentations.
• Candidate should have 2-4 years of successful revenue management experience at an International 5 start hotel brand
• Experience in hotel revenue management is important to the success of this role.
• Strong leadership skills
• Ability to work in a fast-paced environment
• Ability to multitask