Revenue Manager

Open 55d reposted 2×

Duties and Responsibilities

Build and maintain strong relationship with hotel ownership and management
Lead regularly scheduled revenue strategy virtual meetings based on contracted service level
Generate and analyze performance reports; develop and communicate recommended strategies to hotel management
Implement approved recommendations including, but not limited to setting and managing:
Daily, seasonal and event pricing by room type
Inventory allocations and restrictions
Brand and online promotions
Negotiated and transient rates
Conduct competitor pricing analysis to understand competitive position, highlighting threats and opportunities and give recommendations accordingly
Monitor systematic inventory restriction parameters, identifying opportunities to loosen or tighten restrictions
Conduct displacement analysis and give recommendations on negotiated business
Maintain channel parity
Review and adjust channel/mix of business strategy
Collaborate with other departments including Sales & Marketing, Operations, Distribution, etc.
Complete special projects, participate on department committees and perform other responsibilities as assigned

Qualifications

Minimum 2-4 years’ experience in hotel revenue management, preferably as a Revenue Manager
Bachelor's degree in hospitality, business, or related field preferred
Working knowledge of hotel/industry systems including PMS, CRS, OTA extranets, etc
Ability to communicate confidently and clearly, both written and verbally including ability to strategically influence others
Strong technical, analytical, and problem-solving skills
Proficient in Microsoft Excel with preferred knowledge of Power BI
Ability to effectively follow up on multiple projects
Ability to present analysis to all levels of management in a variety of settings
Must be able to work independently
Strong time management skills and ability to prioritize work
Able to travel up to 10% of time

See also