Revenue Manager
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Job Location:
Yanbu - Saudi Arabia
Monthly Salary:
Not Disclosed
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
About the role:
We are looking for a passionate and experienced revenue manager ready to take their career to the next level: drive revenue growth across our iconic hotels and brands optimize pricing strategies and channel performance build best practices and work with sector-leading technology.
As Revenue Manager you will collaborate closely with Sales Marketing and Reservations teams to optimize our revenue performance and achieve our business goals.
You will formulate and execute revenue strategies manage inventory and collaborate with the executive team on forecast and pricing. You will be a contributor to our revenue management community of practice internally and externally mentor junior team members and receive learning and development support as you grow your career as a Heartist.
Key Responsibilities:
Develop and implement revenue strategies for the hotel.
- Develop and implement revenue strategies for the hotel.
- Monitor competitor pricing and market trends to adjust strategies.
- Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data.
- Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centers of the business.
- Conduct regular performance reviews and optimize pricing and inventory.
- Mentor coach and develop junior team members in revenue management practices.
- Collaborate with sales finance and front office teams to achieve revenue goals.
- Ensure reservations are well managed and coordinate with the reservations team.
- Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.
- Leverage your knowledge of the distribution landscape including online travel agencies and distribution networks to optimize hotel profits.
- Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel.
Qualifications :
The ideal candidate will bring:
- 1-3 years of experience in revenue management roles.
- Proven ability to work independently while also thriving in collaborative team environments.
- Exceptional analytical skills and ability to make strategic decisions that enhance revenue growth.
- Proficient in revenue management principles.
- IDeaS Revenue Management Platform experience highly desirable.
- Strong understanding of the distribution landscape online travel agencies and emerging market trends.
- A collaborative forward-thinking mindset with a passion for elevating revenue management as a respected and valued community of practice with key internal and external stakeholders.
- Being curious and open-minded.
Additional Information :
Role Benefits & Perks
- Enjoy discounted Heartist rates across our global network of 5600 properties 10000 food and beverage venues and wellness centers.
- Grow and travel with your career globally across more than 110 countries 45 hotel brands from luxury and lifestyle to premium and economy.
- Continuous learning and investment into your capability including Accors Revenue Management Academy certification.
- Work with sector-leading IDeaS revenue management platform.
Additional Information
This role requires:
- Fluency in English and Arabic
- To be eligible to live and work in Kingdom of Saudi Arabia. We will assist successful applicants with the visa process.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- ASC 606
- Hotel Experience
- Hospitality Experience
- GAAP
- Accounting
- Revenue Management
- Pricing
- Analysis Skills
- Salesforce
- SOX
- ERP Systems
- NetSuite
About Company
As a pioneer in the art of responsible hospitality, the Accor Group gathers more than 45 brands, 5,600 hotels, 10,000 restaurants, and lifestyle destinations in 110 countries. While each brand has its own personality, where you will be able to truly find yourself, they all share a com ... View more
