drjobs Revenue Manager

Revenue Manager

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1 Vacancy
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Job Location drjobs

Chennai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

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

Qualifications :

  • Bachelors degree in Hospitality Management Business Administration or related field
  • 5-8 years of experience in revenue management or a related role
  • Strong knowledge of revenue management strategies and pricing optimization techniques
  • Proficiency in revenue management systems (RMS) and property management systems (PMS)
  • Advanced skills in Microsoft Excel and data visualization tools
  • Excellent analytical and problem-solving abilities
  • Strong communication and presentation skills
  • Ability to work collaboratively in a team environment
  • Detail-oriented with a high level of accuracy in data analysis and reporting
  • Goal-oriented mindset with a focus on achieving revenue targets
  • Adaptability to changing market conditions and ability to make quick data-driven decisions
  • Knowledge of the hospitality industry and current market trends (preferred)
  • Experience with statistical analysis and forecasting methods
  • Ability to work under pressure and meet deadlines in a fast-paced environment


Remote Work :

No


Employment Type :

Full-time

Employment Type

Full-time

Company Industry

About Company

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