Cluster Assistant Revenue Manager

Job Title: Assistant Revenue Manager

Job Description:

Reporting to the Director of Revenue, the Assistant Revenue Manager is responsible for strategic analysis and management of inventory and rate strategy to maximize total revenue opportunities:

• Develops Action Plans to reach daily/monthly/yearly KPIs based on Total Revenue Management.
• Completes all rooms forecasting to accurately project demand and pick up for groups and transient, both short and long term.
• Coordinates updates/stay restrictions or rate changes to reflect the hotel selling strategy in response to market demand.
• Maintains records pertaining to market segments, transient pace numbers, forecasts, and other rooms data.
• Participates in the annual budgeting, marketing, and strategic planning process.
• Records competitive set pricing and yield strategies and completes analysis on the market and its opportunities based upon the competition and previous history.
• Prepares the weekly Revmax meetings for each of the 3 properties and shares the same in a timely manner with the Cluster Revenue Team beforehand.
• Participates in weekly Revmax and Group Meetings and presents weekly revenue agenda items.
• Monitors transient potential and group bookings daily to set up the pricing and availability control for all reservation distribution sources.
• Achieves potential market position through maximization of RevPAR index over the competitive set.
• Works with DRM to evaluate and maintain group thresholds.
• Completes monthly summaries required for the CDRM.
• Handles and solves rate leakages in a timely manner using the Fornova system for all connected partners.
• Ensures rate plans are correctly indexed/loaded and distributed to all channels.
• Uses clear communication across all channels and all aspects of work.
• Ensures the highest standards of professionalism and courtesy are extended to colleagues and partners at all times.
• Provides assistance to colleagues with any other duties when requested or necessary.
• Adheres to standards of performance, best practices, and all company policies.
• Actively practices and promotes good time management and organization skills.
• Ensures that deadlines are always adhered to.
• Thoroughly prepares for engagements, both internal and external, and represents Fairmont Hotels and Resorts in a professional manner.
• Adheres to grooming standards to maintain a professional corporate image.

Qualifications:

• Strategic thinking, long-range planning, and vision are foremost attributes with a strong analytical mindset.
• 1 year of revenue experience.
• Problem-solving and team-building skills.
• Highly organized and able to handle multiple priorities under pressure.
• Strong understanding or adaptable training in the use of automated systems, PC, and office applications.
• Ability to work independently while responding to internal customer needs.