Assistant Revenue Manager
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Job Location:
Monthly Salary:
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
1. Job Purpose
To support the development and execution of revenue management strategies that maximize market share and profitability. This involves daily monitoring of inventory competitor pricing analysis and demand forecasting to ensure the right product is sold to the right customer at the right time.
2. Key Responsibilities- Data Analysis & Reporting: Prepare and analyze daily weekly and monthly revenue reports (e.g. RevPAR ADR and Occupancy for hotels). Identify trends and anomalies in booking patterns.
- Pricing & Inventory Management: Assist in setting daily BAR (Best Available Rate) and managing inventory across all distribution channels (OTAs GDS and Direct).
- Market Intelligence: Monitor competitor pricing and local market demand (events holidays etc.) to recommend strategic adjustments.
- Forecasting: Assist in the preparation of monthly and annual revenue forecasts and budgets.
- Channel Management: Ensure price parity across all third-party platforms and troubleshoot any connectivity issues between the Property Management System (PMS) and Channel Managers.
- Collaboration: Work closely with Sales Marketing and Reservations teams to align promotional offers with revenue goals.
- Education: Bachelors degree in Hospitality Management Finance Business Administration or a related field.
- Experience: 24 years of experience in revenue management reservations or front office operations.
- Technical Proficiency: * Advanced Microsoft Excel skills (Pivot tables VLOOKUPs formulas).
- Experience with Revenue Management Systems (e.g. IDeaS Duetto) and PMS (e.g. Opera).
- Analytical Mindset: Ability to translate complex data sets into actionable business insights.
Required Experience:
Manager
Key Skills
- ASC 606
- Hotel Experience
- Hospitality Experience
- GAAP
- Accounting
- Revenue Management
- Pricing
- Analysis Skills
- Salesforce
- SOX
- ERP Systems
- NetSuite
About Company
At Le Méridien, we are inspired by the era of glamorous travel, celebrating each culture through the distinctly European spirit of savouring the good life. Our guests are curious and creative, cosmopolitan culture seekers that appreciate moments of connection and slowing down to savou ... View more
