Revenue Manager
- Full-time
- Job-Category: Sales & Marketing
- Job Type: Permanent
- Job Schedule: Full-Time
Job Description
The Role
- Develop, lead and communicate the hotel’s Commercial Strategy in conjunction with the General Manager.
- Identify and pursue all areas of revenue maximization for all revenue streams Oversee the day to day management of the Reservations team.
- Responsible for the accuracy and integrity of the commercial analysis and evaluations of decisions within all revenue streams.
- Ensure seamless, timeline reporting of information that supports and enhances the hotel’s financial reporting such as forecasting, budgeting and market trends.
Key Deliverables and Responsibilities
- Relentlessly identify areas of opportunities and risks within Revenue that add value to the hotels performance.
- Analize and drive the hotel Food and Beverage outlets performance, and work up an annual Food and Beverage Revenue plan together with the F&B Manager.
- Responsible for the day-to-day management of Sales, enquiries, processes, best practice and pricing for the Hotel Bedrooms, ensuing all enquiries maximize sales and a robust strategy is in place to drive performance.
- Develop and refine robust measurement tools and mechanisms, enabling clear performance benchmarking for all revenue streams.
- To take ownership & accountability for all top line (every revenue line) forecasting, budgeting and reporting.
- With Director of Business Development (DOBD) and work up an annual Sales & Marketing Plan and be responsible for driving key activities to deliver it through the wider commercial team.
- Give DOBD guidance and market insight for rate negotiations for all segments.
- Regular checks of revenue distribution for hotel’s positioning, price parity, information accuracy and competition positioning.
- In conjunction with the DOBD, review and manage the relationship with the Owning Company and Accor Performance management for reservations to include regularly feedback on performance,
- review and ensure a live and up-to-date development plan is in place Recruitment and succession planning for reservations.
- Carry out feasibility studies and ad-hoc commercial analysis when required.
- Keep key stakeholders informed of the hotel’s commercial performance and commercial Activity
Qualifications
- Bachelor's degree in Business, Economics, Statistics, Mathematics, or related field.
- Minimum 7 years of experience in revenue management, pricing, or yield management roles, in a B2C environment.
- Strong analytical skills with experience in statistical modeling and data analysis.
- Proven track record of developing and implementing successful pricing strategies.
- Experience with revenue management systems and analytical tools.
- Demonstrated ability to translate complex data into actionable business insights.
- Proficiency in forecasting methodologies and demand modeling.
- Experience in leading cross-functional projects and initiatives.