We are seeking a detail-oriented and analytical Assistant Manager - Revenue to join our team in Chennai India. In this role you will play a crucial part in developing and implementing revenue management strategies to maximize our organizations financial performance.
- Assist in formulating and executing revenue management strategies and pricing decisions
- Analyze booking patterns market trends and competitive data to forecast demand and adjust pricing accordingly
- Monitor and optimize room rates availability and inventory to maximize revenue
- Generate and analyze daily weekly and monthly revenue reports
- Track and report on key performance indicators (KPIs) including occupancy average daily rate (ADR) and revenue per available room (RevPAR)
- Prepare and present reports and recommendations to the Revenue Manager and other stakeholders
- Conduct market research to identify trends opportunities and threats
- Monitor competitor pricing promotions and market positioning
- Provide insights and recommendations based on competitive analysis
- Collaborate with sales and front office teams to ensure optimal pricing and inventory management
- Utilize revenue management systems (RMS) and property management systems (PMS) to track and manage inventory and pricing
- Ensure data accuracy and system integrity for effective decision-making
- Assist in training and mentoring junior staff or new team members in revenue management practices and tools
- Stay updated with industry trends and best practices through continuous learning and professional development
Remote Work :
No
Employment Type :
Full-time