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An established industry player in the hospitality sector is seeking a Revenue Manager to drive revenue growth and optimize pricing strategies. This role involves analyzing market dynamics, collaborating with operational teams, and utilizing advanced revenue management systems. The successful candidate will demonstrate excellent communication skills and a detail-oriented approach while managing multiple priorities in a fast-paced environment. Join a team where your insights will directly impact guest satisfaction and overall business success, and be part of a dynamic organization that values innovation and strategic thinking.
- Understand market dynamics and monitor competitor pricing to grow revenue and RevPAR for the assigned portfolio. 20%
- Deliver effective pricing strategies and ensure optimal inventory management across all revenue streams and market segments. 20%
- Generate revenue forecasts and budgets for all hotels within the area of responsibility. 20%
- Investigate, analyze, and extract data from relevant systems to support problem solving and decision making. 15%
- Optimize the use of new systems and tools to maximize revenue opportunities. 15%
- Collaborate with the Area/Corporate Support Office and hotel operational teams to ensure alignment of strategies and objectives. 10%
- Drive total revenue growth and achieve budgeted targets in RevPAR and RGI market penetration, ensuring forecast accuracy.
- Proactively work to maximize guest satisfaction and comfort, responding effectively to inquiries and resolving issues promptly.
A successful candidate will have or quickly develop a strong understanding of market dynamics and hotel technology, including Revenue Management Systems (e.g., IDeaS G3), Hotel Reservation Systems (PMS/S&C), and Distribution Systems (Channel Manager, GDS, CRS, Distribution Connectivity Partners, OTA Extranets). A balanced approach combining systems thinking with operational and commercial needs is essential.
Excellent communication skills are required to build trust with stakeholders and to balance long-term strategic goals with short-term rate and volume optimization. The candidate should be well-organized and detail-oriented.
Requirements:
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