Revenue Manager

Ennismore; Greater London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Holidays up to 28 days

Pension and life insurance

Health cash plan

Employee discounts across Ennismore/Un

Meal for two after discovery period

Cycle to work

Learning and development opportunities

Discounts across Ennismore brands

Job summary

Hyde London City, part of Ennismore, is seeking an experienced Revenue Manager to lead the revenue strategy for the property and maximize room revenue. Reporting to the GM, you will manage inventory, pricing, market segmentation, and channel mix, while supporting system builds, opening strategy, and trainings.

You will be the reference for revenue management within the team. You will own weekly commercial meetings, analyze data, monitor trends, and drive profitability through strategic planning

Qualifications

• Technically skilled with systems and hotel operations; Opera Cloud and IDeaS RMS experience preferred.
• Previous Revenue Manager experience is required; London experience preferred.
• You take ownership, solve problems and make effective decisions.
• Growth mindset and willingness to try new approaches.
• Process-driven and methodical, calm under tight deadlines.
• Five days a week on site with the commercial team and other Heads of Department.

Responsibilities

• Own revenue strategies for assigned properties and develop strategic commercial plans with the GM and Head of Sales.
• Drive revenue growth across segments, monitoring results and adjusting strategies.
• Chair weekly commercial meetings to align revenue, sales, and marketing.
• Perform weekly/monthly/ad-hoc data analysis and reporting.
• Identify trends (pace, group pace, booking window, channels) and report actions taken.
• Aim to achieve room revenue goals with focus on profitability; prepare forecasts and budgets.

Skills

Revenue management

Strategic pricing

Data analysis

Cross-functional collaboration

On-site work

Tools

Opera Cloud

IDeaS RMS

Job description

Hyde London City | 15 Old Bailey, London EC4M 7EF, UK

Hyde London City marks the rebirth of a London icon. This lavish seven-storey, 111-room property at 15 Old Bailey draws upon a rich and storied past to create a luxurious, bespoke hideaway in the heart of the city. Hyde London City will be a destination unto itself, hosting unmatched experiences for locals and ultimately the discerning global traveller.

Hyde is embracing an evolved brand identity that is all about a festival vibe with music at its core. Hyde perfectly balances an elevated bohemian-chic aesthetic with a youthful, laidback ambience. The spaces are defined by vibrant colours and are designed to encourage serendipitous connections and new discoveries around every corner. Hyde is all about the freedom and personal discovery that comes with great music, time with friends and connecting with something bigger.

Leydi is our Modern Turkish restaurant bringing the all-day food culture of Istanbul to London from breakfast until late with expertly-prepared mangal meat & fish, heritage grain wood-fired breads, low intervention wines and a sophisticated and fun ambience.

Job Description

We’re looking for an experiencedRevenueManager to join our team and play a crucial part in developing the commercial strategy for Hyde London City.

Reporting into the GM, you’ll take ownership for the revenue strategy of the property to maximize room revenue through the management of room inventory, pricing, market segmentation, and channel mix, in addition to assisting on a wide range of projects, like system builds, opening strategy, and property level trainings. You will act as reference within the team on all things Revenue management.

What you'll do…

• You will take ownership for the revenue strategies of your assigned properties. You will develop and implement strategic commercial plans, together with the General Manager and Head of Sales, to drive and grow revenue across all segments, constantly monitoring results and adjusting strategies and activities to make sure objectives and targets are being met.
• Effectively incorporate the revenue management philosophy of exceeding our fair share from three key perspectives, Mind Share, Market Share, Channel Share, in all aspects of revenue management, sales, marketing, and operations.
• Chair the weekly commercial meetings to collaborate on revenue management, sales, and marketing strategy with the hotel and support teams. Ensure to understand the impact of decisions on operations and profitability.
• Responsible for weekly, monthly, and ad-hoc data analysis and reporting.
• Identify and report on actions taken with regards to important trends (i.e. pace, group pace, booking window, booking channel, etc.).
• Responsible for achieving room revenue goals (budget, RevPAR Index etc.) with a focus on profitability.
• Prepare annual hotel revenue budget and maintain ongoing results analysis.
• Prepare monthly forecasts with a daily breakdown of occupancy/rate and market segment mix along with ongoing results analysis.
• Monitor competitors’ products and revenue management practices.Also monitor new hotel development and local market demand generators.
• Maintain strong relationships with third‑party partners including OTA market managers.
• Oversee channel management including rate loading and inventory management.
• Responsible for the continued usage and maintenance of the Revenue Management System. Responsible for forecast validation and daily interaction with system and the decisions produced, configuration and maintenance tasks related to the system.

Qualifications

What we’re looking for...

• You must be technically skilled with a strong understanding of systems and hotel operations.Opera Cloud and IDeaS G3 RMS experience is preferred.
• Previous experience as a Revenue Manager is required.London experience is preferred.
• You take ownership, solve problems, and make effective decisions.
• You are a quick learner, have a growth mindset and are up for doing things differently and trying (almost) everything once.
• You are methodical and have a process‑driven approach to tasks but are also flexible and calm especially in times of tight deadlines.
• You're happy working five days a week on site, working closely with the commercial team and other Heads of Department.

Additional Information

What’s in it for you…

• Up to 28 days holidays (inclusive of bank holidays), pension and life insurance.
• A health cash plan to claim money back and get access to lots of ways to support your physical & mental wellbeing.
• Treat yourself with lots of retail & hospitality perks through our partners.
• Enjoy an experience stay at Hyde and a meal for two after your discovery period.
• Goes without saying, but we’ll feed you during your shift.
• Extra time off to volunteer with one of our partner charities
• Cycle to work scheme
• The chance to make your mark in a fast-growing Brand
• Learning opportunities to broaden your skillset and development that helps you think, make, and thrive at work
• Excellent discounts across the entire Ennismore and Accor family of brands.

NOTE: Owing to the summer holiday period, screening and the recruitment process will begin from the third week of August. You'll hear an update from us then.

Hyde is an equal opportunity employer. We endeavor to select, place, train, and promote the best qualified individuals based upon job‑related factors such as ability, work quality, suitability, experience, and potential.