Revenue Manager INSPIRE Participant
Share
Job Location:
Monthly Salary:
Posted on:
2 hours ago
Vacancies:
1 Vacancy
Job Summary
INSPIRE Leadership Development Program - May 2025
What does INSPIRE offer you
During an 18-month period you gain valuable leadership experience as a Supervisor in our Food and Beverage department.
You have a customized INSPIRE Program Outline with two types of structures:
- Cross-exposure Rotate between several teamsacross our venues (Reign) and In-Room Dining.
- Specialization Develop your expertise by working in one division spending 9 months in each focus area before transitioning.
Program features:
- You can explore multiple teams to understand fundamentals of hospitality and your propertys operations
- A Peer Ambassador helps you settle into your role your responsibilitiesand life as a hospitality professional
- A Mentor guides your progress allowing you to learn by example
- A Property Project provides you with the opportunity to shine showcasing your skillset and innovative attributes
- You can see a clear path to continuous improvement through ongoing feedback. Checkpoints with your leadership team ensuring you thrive in your program
Responsibilities:
Reporting to the Director of Revenue Management the Revenue Management INSPIRE will be responsible for overseeing the tactical & strategic elements of revenue management in North Americas largest city-center Fairmont. The successful candidate will become a key player in the downtown Toronto hotel marketplace and will be heavily involved in executing daily weekly monthly and future initiatives.
- Monitor booking pace for all market segments and deploying strategies to maximize revenues.
- Retrieve/prepare daily Revenue Management reports.
- In collaboration with the Sales Team and the Director Revenue Management develop and execute pricing strategies and rate parameters for all revenue streams.
- Analyze competitive set pricing and yield strategies gaining the ability to predict the comp set reaction to changes in the marketplace.
- Ensure daily communication between Reservations and Front Office regarding inventory short-term sell strategies Group/Convention arrivals sell out strategies.
- Liaise regularly with the Group Reservations Manager to ensure that contracted group blocks are open for sale via various booking channels groups are being picked up and that potential attrition charges are communicated.
- Play an active role in the Strategic Planning Marketing Plan Budgeting and Forecast process.
- Stay current with industry trends and how they may impact demand.
- Other duties as assigned by the Director Revenue Management.
Qualifications :
- Bachelor degree and/or Hotel Management degree and/or equivalent experience
- Good knowledge of Opera Sales and Catering IdeaS Revenue Management Software and GDSs an asset.
- Strong knowledge of Opera and Microsoft Excel required.
- Strategic thinking with a proven ability to mobilize theory into action.
- Minimum one year of Revenue Management related experience.
- Previous Front Office Management experience an asset
- Excellent communication and organizational skills
- Highly organized with the ability to manage multiple projects under time constraints
Additional Information :
- The Ontario base salary range for this position is $ Our salary ranges are determined by job and level. Within the range individual compensation is determined by job-related skills and knowledge relevant experience and/or work location.
- This posting is for an existing vacancy.
- AI disclosure: We use artificial intelligence to help screen and assess applications for this position. These tools assist our hiring team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Whats in it for you
- Free Meals: Healthy meals on us every shift.
- Travel Discounts: Sweet deals at Accor hotels worldwide.
- Dry Cleaning: Free dry-cleaning for your work gear.
- Skill Up: Custom learning programs to boost your talents.
- Impact: Join our Health & Wellness Sustainability and DEI Committees.
- Level Up: Unlock new career heights with exciting growth paths.
Visa Requirements: Must be legally eligible to work in Canada. The hotel is unable to assist candidates in obtaining Canadian work authorization.
Accommodations: We encourage you to let us know if you require any accommodation through the application or recruitment process and we will work with you to meet your needs. Persons who anticipate needing accommodations for any part of the application or interview process may contact in confidence:
Our Commitment to Diversity & Inclusion: At Fairmont Royal York we believe that the strength of our team lies in its diversity. We are committed to fostering an inclusive environment that respects the unique backgrounds perspectives and talents of the individual. As an Equal Opportunity Employer we provide equal access to opportunities. We welcome applications from all qualified candidates.
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
