Revenue Manager
Revenue Manager
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Salary Not Disclosed
1 Vacancy
Job Description
As the Revenue Manager you will be responsible for developing and implementing revenue strategies to maximize the profitability of the hotel. You will work closely with the sales marketing and reservations teams to forecast demand set pricing strategies and optimize inventory to drive revenue growth.
What you will be doing:
- Develop and implement revenue strategies to increase profitability of the hotel
- Analyse market trends and competition to identify opportunities for revenue growth
- Work with the sales and marketing teams to develop pricing strategies for room rates packages and promotions
- Monitor demand patterns and adjust inventory levels to optimize revenue and occupancy
- Conduct regular revenue meetings with hotel management and provide insights and recommendations on revenue performance
- Develop and maintain accurate revenue forecasts to support budgeting and financial planning
- Monitor and manage distribution channels to ensure rate parity and maximize revenue
- Collaborate with the reservations team to optimize yield and manage room inventory
- Monitor and analyse key performance indicators (KPIs) related to revenue and occupancy and adjust strategies as needed
- Ensure compliance with hotel pricing policies and revenue management best practices
Qualifications :
- Excellent communication and interpersonal skills
- Must be service oriented and capable of communicating effectively with persons involved in all levels of authority both internally and externally.
- Ability to think strategically and develop innovative revenue strategies
- Strong analytical skills and ability to analyze data and trends
- Proficient in Microsoft Office with an emphasis on Excel and other analytical tools
- Knowledge of revenue management systems hotel reservations systems and distribution channels
- Knowledge of market segmentation and demand forecasting techniques
- Understanding of hotel financial statements and budgeting processes
- Highly organized with the ability to work in a fast-paced environment and manage multiple projects simultaneously
Education:
- Bachelors degree in Hotel Management Accounting Finance Mathematics or Business Management preferred
Experience:
- Minimum 3 years of progressive experience in revenue management preferably within a luxury or resort hotel environment. Experience in destination resorts strongly preferred.
Additional Information :
Why work for Accor Discover a world where life pulses with passion!
Join the Accor Group an ecosystem of over 45 brands 5600 hotels 10000 restaurants and lifestyle places that welcome you. With us your personality is valued your opportunities for growth know no boundaries. Every action you take has a positive and memorable impact on the experience of our customers your colleagues and also on the planet contributing to pioneering the art of responsible hospitality.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
