Revenue Manager

Job Summary

Drive daily revenue optimization through pricing and inventory control, leveraging data analysis to improve performance. Work closely with sales and marketing to ensure strategies are aligned with revenue targets and market trends.

Responsibilities

• Execute daily pricing, inventory control, and distribution strategies.
• Analyze booking patterns, market demand, and competitor pricing to adjust rates.
• Collaborate with sales, marketing, and reservations teams to optimize promotions and offers.
• Monitor performance through regular reporting and adjust strategies to meet targets.
• Maintain and update the property's revenue management system (RMS) and other tools.

Areas of Responsibility

• Daily Revenue Optimization: Authority to adjust room rates, manage inventory, and make tactical decisions to optimize daily revenue performance.
• Market Analysis and Reporting: Responsible for analyzing market conditions, competitor pricing, and demand forecasts to make informed decisions.
• Collaboration with Sales and Marketing: Authority to implement sales strategies and marketing initiatives to align with the overall revenue plan, ensuring consistent execution.
• System Management: Authority over the use and configuration of revenue management and property management systems to ensure accurate data and decision-making tools.

Required Qualifications

• Minimum Bachelors Degree in Hospitality, Business or any other discipline
• Preferred - Masters degree in Hospitality, Business or any other discipline.
• Analytics or Mathematics background
• Good knowledge of MS Excel and PowerPoint

Work Experience

3 - 4 years experience in Revenue Management

Languages

English

Key Interfaces - External

Clients, Vendors and Partners

Key Interfaces - Internal

• Reservations
• Area / Unit DOSM/ Sales Managers
• General Manager / Hotel Ops team
• Corporate RM and Distribution Team

Behavioural Competencies

• Process Excellence
• Result Orientation
• Collaborative Engagement
• Change Championship
• Growth Mindset
• Talent Enrichment
• Guest Centricity
• Personal Effectiveness

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.