Revenue Manager

Were looking for an experienced Revenue Manager to join our team and play a crucial part in developing the commercial strategy for Hyde London City.

Reporting into the GM youll take ownership for the revenue strategy of the property to maximize room revenue through the management of room inventory pricing market segmentation and channel mix in addition to assisting on a wide range of projects like system builds opening strategy and property level trainings. You will act as reference within the team on all things Revenue management.

What youll do

• You will take ownership for the revenue strategies of your assigned properties. You will develop and implement strategic commercial plans together with the General Manager and Head of Sales to drive and grow revenue across all segments constantly monitoring results and adjusting strategies and activities to make sure objectives and targets are being met.
• Effectively incorporate the revenue management philosophy of exceeding our fair share from three key perspectives Mind Share Market Share Channel Share in all aspects of revenue management sales marketing and operations.
• Chair the weekly commercial meetings to collaborate on revenue management sales and marketing strategy with the hotel and support teams. Ensure to understand the impact of decisions on operations and profitability.
• Responsible for weekly monthly and ad-hoc data analysis and reporting.
• Identify and report on actions taken with regards to important trends (i.e. pace group pace booking window booking channel etc.).
• Responsible for achieving room revenue goals (budget RevPAR Index etc.) with a focus on profitability.
• Prepare annual hotel revenue budget and maintain ongoing results analysis.
• Prepare monthly forecasts with a daily breakdown of occupancy/rate and market segment mix along with ongoing results analysis.
• Monitor competitors products and revenue management practices. Also monitor new hotel development and local market demand generators.
• Maintain strong relationships with third-party partners including OTA market managers.
• Oversee channel management including rate loading and inventory management.
• Responsible for the continued usage and maintenance of the Revenue Management System. Responsible for forecast validation and daily interaction with system and the decisions produced configuration and maintenance tasks related to the system.

Qualifications :

What were looking for...

• You must be technically skilled with a strong understanding of systems and hotel operations. Opera Cloud and IDeaS G3 RMS experience is preferred.
• Previous experience as a Revenue Manager is required. London experience is preferred.
• You take ownership solve problems and make effective decisions.
• You are a quick learner have a growth mindset and are up for doing things differently and trying (almost) everything once.
• You are methodical and have a process-driven approach to tasks but are also flexible and calm especially in times of tight deadlines.
• Youre happy working five days a week on site working closely with the commercial team and other Heads of Department.

Additional Information :

Whats in it for you

• Up to 28 days holidays (inclusive of bank holidays) pension and life insurance.
• A health cash plan to claim money back and get access to lots of ways to support your physical & mental wellbeing.
• Treat yourself with lots of retail & hospitality perks through our partners.
• Enjoy an experience stay at Hyde and a meal for two after your discovery period.
• Goes without saying but well feed you during your shift.
• Extra time off to volunteer with one of our partner charities
• Cycle to work scheme
• The chance to make your mark in a fast-growing Brand
• Learning opportunities to broaden your skillset and development that helps you think make and thrive at work
• Excellent discounts across the entire Ennismore and Accor family of brands.

NOTE: Owing to the summer holiday period screening and the recruitment process will begin from the third week of August. Youll hear an update from us then. 

Hyde is an equal opportunity employer.  We endeavor to select place train and promote the best qualified individuals based upon job-related factors such as ability work quality suitability experience and potential.

Remote Work :

No

Employment Type :

Full-time