Description

Revenue Management Role

The Revenue Manager is responsible for driving revenue growth across our iconic hotels and brands. This includes optimizing pricing strategies and channel performance, building best practices, and working with sector-leading technology.

Key Responsibilities

• Develop and implement revenue strategies for the hotel
• Monitor competitor pricing and market trends to adjust strategies
• Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data
• Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centers of the business
• Conduct regular performance reviews and optimize pricing and inventory
• Mentor, coach and develop junior team members in revenue management practices
• Collaborate with sales, finance, and front office teams to achieve revenue goals
• Ensure reservations are well managed and coordinate with the reservations team
• Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR
• Leverage your knowledge of the distribution landscape, including online travel agencies and distribution networks to optimize hotel profits
• Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel
  

Qualifications

• 1-3 years of experience in revenue management roles
• Proven ability to work independently while also thriving in collaborative team environments
• Exceptional analytical skills and ability to make strategic decisions that enhance revenue growth
• Proficient in revenue management principles
• Fluency in English
• IDeaS Revenue Management Platform experience highly desirable
• Strong understanding of the distribution landscape, online travel agencies, and emerging market trends
• A collaborative forward-thinking mindset with a passion for elevating revenue management as a respected and valued community of practice with key internal and external stakeholders
• Being curious and open-minded
  

Additional Information

• Enjoy discounted rates across our global network of properties
• Grow and travel with your career globally across more than 110 countries
• Continuous learning and investment into your capability
• Work with sector-leading IDeaS revenue management platform
  

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