Revenue Manager

AccorHotel; Ras Al Khaimah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading hospitality group in Ras Al Khaimah seeks a Revenue Manager to optimize sales revenue and implement pricing strategies. The role requires a Bachelor's degree and at least 3 years of experience in managerial positions within luxury resorts. Responsibilities include budget preparation, forecasting, and collaborating closely with hotel management to enhance revenue strategies. The successful candidate must demonstrate strong analytical and communication skills and proficiency in revenue management systems. This is a full-time position with no remote work options.

Qualifications

• Minimum 3 years of managerial experience in Revenue & Reservations.
• Previous experience in luxury upscale or all-inclusive resort.
• Proven experience with revenue management systems.

Responsibilities

• Optimize sales revenue and pricing strategies.
• Support budgetary process and yearly strategy.
• Develop and implement pricing recommendations.

Skills

Analytical skills

Communication skills

Excel proficiency

Stakeholder management

Problem-solving skills

Education

Bachelor Degree

Tools

Revenue Management Systems (RMS)

Property Management Systems (PMS)

Channel Managers

OTA platforms

Job description

Main Responsibilities

The Revenue Manager is responsible for optimizing the hotels and RGI (Revenue Generation Index measuring the hotels position as compared to the competition) sales revenue.

Close interaction with the hotels senior management.

Takes part in determining budget and strategy & is accountable for its implementation.

He is responsible for pricing strategy and for optimizing inventory.

Must provide a global perspective on Revenue Management to the whole hotel.

Organization and monitoring of all affairs concerned to the position.

Proper grooming at all times.

Attend trainings as per schedule.

Show fullest cooperation and respect within the team and other departments.

Is aware of the daily activities and has product knowledge of all the hotel facilities

Supports the budgetary process and the yearly strategy.

Devises the yearly budget per segment per day.

Determines sales strategy.

Determines yearly rate tables for all market segments.

Develops and steers the hotels Revenue strategy.

Prepares forecasts and chairs the Revenue meeting

Determines and implements pricing strategies and circulates the recommendations

Nurtures relations with online partners

Updates rates and restrictions throughout all distribution channels

Collects integrates and studies market and competition data on a daily basis

Produces benchmarking GDS performance and other reports.

Maintains work systems and tools.

Maintain the revenue reporting system and analyze reservation patterns.

Staying up to date on any software or data management trends.

Be totally familiar with hotel products rates and promotions at all times. Maintain up to date understanding of company products and rates and involvement in cross selling of these when required.

Be aware of the strengths and weaknesses of all competing hotel and restaurant products and provide weekly regular updates after visiting competition hotels allocated for tracking purposes

Provide ongoing market intelligence by monitoring business sources and segments.

Penetrate and saturate prospective and existing customer organizations for effective multi department selling.

Coordinating with the DOSM to pursue new market segments to secure sales and prepare proposals for consideration.

Positive communication of the hotel image to existing and potential customer at all times.

Ensure that revenues and / or cost controls are maximized through proactive actions rather than reactive management.

Report on trends in the industry and local markets.

Attends the hotels revenue meetings as scheduled.

To be punctual on duty.

Be well groomed to the standards laid down. Insist on the same standard for your employees.

To comply with all hotel rules and regulations as outlined in the handbook and to be aware of company disciplinary and grievance procedures.

Maintains a monthly overview of vacation- and public holiday balance of all his/her staff and delivers a monthly consolidated summary to the Director of P&C.

To create an environment which promotes employee morale and encourages the team to have pride in their department with a high level of commitment.

To promote a helpful and professional image to the customer and give full cooperation to any customer requiring assistance with the prompt caring and helpful attitude

To anticipate the needs of the customer whenever possible to enhance quality service and in turn enhance customer satisfaction.

To give full co-operation to any colleague requiring assistance in a prompt caring and helpful manner. To be flexible in assisting in other areas of the Hotel in response to the business and customer needs

Is familiar with all related company documentation and especially with the relevant Operational Standards for his/her field of responsibility.

Other duties as assigned.

Carry out any other reasonable task (which may not be stated here) as requested.

Qualifications

Bachelor Degree

Minimum 3 years of managerial experience in Revenue & Reservations.

Previous experience in luxury upscale or all-inclusive resort environments.

Proven experience working with revenue management systems (RMS) PMS channel managers and OTA platforms.

Advanced proficiency in Excel (forecasting reports data analysis).

Strong analytical numerical and problem-solving skills with attention to detail.

Ability to interpret data and translate insights into commercial and pricing strategies.

Excellent communication and stakeholder management skills with the ability to work closely with Sales Marketing and Operations teams.

Strong presentation skills and confidence in leading revenue meetings and strategy discussions.

Remote Work

No

Employment Type

Full-time