Revenue Manager

You will then measure performance on all distribution channels, to ensure that fair market share is well achieved. Key areas of responsibility include:

• To prepare weekly accurate 3 months forecast for hotel rooms revenue by Market Segment.
• To prepare monthly accurate rolling 12 months forecast for hotel rooms revenue by Market Segment.
• To set and effectively communicate the hotel pricing strategy by market segment with reference to market intelligence, buying patterns and pre-determined seasonality.
• To prepare and chair a weekly Revenue Meeting. 
• Collate and distribute meeting minutes of notes on forecast and strategy changes, including weekly action plan.
• Set monthly targets of upselling revenue for front office and reservations department.                 

Revenue Optimization:

   - Help optimize room inventory and pricing to maximize hotel revenues.

   - To continuously manipulate availability & rates while ensuring parity across all distribution channels.  This allows maximum flexibility to capture all market buying patterns while optimising REVPAR.
 

System Support & Maintenance:

   - Provide support in the management and maintenance of the Revenue Management Systems (RMS) and ensure data accuracy.

   - Assist with troubleshooting system-related issues and coordinate with IT or external vendors for resolution
 

 Training & Development:

   - Assist in training hotel teams on revenue management tools, systems, and strategies.

   - Stay updated with the latest trends, tools, and techniques in revenue management and share knowledge with the broader team.
 

Collaboration & Communication:

   - Work closely with the hotel(s) general managers, S&M, front-office, Food & Beverage and Spa & Wellness teams to ensure that revenue strategies are effectively implemented at the property level.

   - Communicate performance insights and recommend adjustments to hotel teams and regional leadership.

- Bachelor's degree in Hospitality, Business, or related field.

 - 3-5 years of experience in a revenue management role within the hospitality industry.

 - Proficient in revenue management systems (e.g., Opera, IDeaS, STR, or similar).

 - Strong analytical skills with the ability to interpret complex data and provide actionable insights.

 - Excellent communication and collaboration skills.

Technical Skills And Knowledge

 - Strong numerical and analytical skills.

 - Ability to multitask and prioritize in a fast-paced environment.

 - Attention to detail and accuracy.

 - Familiarity with hotel operations and distribution channels.

 - Proficiency in Excel and other analytical tools.