Revenue Manager

Accor Hotels; Hounslow; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading hotel chain seeks a Revenue Manager to develop strategies, monitor market trends, and lead revenue meetings. The ideal candidate should have 1-3 years in revenue management, enhance revenue growth, and collaborate closely with various teams. This role offers a chance to influence multiple revenue centers for the hotel while fostering learning and career growth.

Benefits

Discounted Heartist rates

Career growth and global travel opportunities

Access to Accor’s Revenue Management Academy certification

Work with IDeaS revenue management platform

Qualifications

• 1-3 years of experience in revenue management roles.
• Proficient in revenue management principles.
• Strong understanding of the distribution landscape and online travel agencies.

Responsibilities

• Develop and implement revenue strategies for the hotel.
• Monitor competitor pricing and market trends.
• Lead Revenue Management meetings and provide insights.

Skills

Analytical Skills

Strategic Decision-Making

Revenue Management Principles

Collaboration

Tools

IDeaS Revenue Management Platform

Job description

Company Description

Novotel Bangkok on Siam Square is a newly renovated 4-star hotel downtown that combines modern comfort and luxury. Featuring 425 rooms and suites and luxury amenities such as our In Balance Fitness and Splash Poolside and Bar. Located in the center of Bangkok where most shopping malls are found, such as Siam Square, Siam Paragon and CentralWorld. The hotel is the perfect base to explore the city as it is situated in the main shopping district of Bangkok with easy access to the BTS train station.

Novotel Bangkok on Siam Square is the perfect hotel downtown to explore all that the city offers. From world renowned shopping malls to nearby attractions such as Bangkok Art & Culture Centre, Madame Tussauds and 4-faced Buddha. The 4-star hotel is right about a minute's walk from the Siam Skytrain station, which is serves as central point connecting the Silom and Sukhumvit lines. Remember to bring along a map route of the BTS Skytrain so you don't get confused!

Job Description

• Develop and implement revenue strategies for the hotel.
• Monitor competitor pricing and market trends to adjust strategies.
• Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data.
• Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centers of the business.
• Conduct regular performance reviews and optimize pricing and inventory.
• Mentor, coach and develop junior team members in revenue management practices.
• Collaborate with sales, finance, and front office teams to achieve revenue goals.
• Ensure reservations are well managed and coordinate with the reservations team.
• Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.
• Leverage your knowledge of the distribution landscape, including online travel agencies and distribution networks to optimize hotel profits.
• Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel.

Qualifications

• 1-3 years of experience in revenue management roles.
• Proven ability to work independently while also thriving in collaborative team environments.
• Exceptional analytical skills and ability to make strategic decisions that enhance revenue growth.
• Proficient in revenue management principles.
• IDeaS Revenue Management Platform experience highly desirable.
• Strong understanding of the distribution landscape, online travel agencies, and emerging market trends.
• A collaborative forward-thinking mindset with a passion for elevating revenue management as a respected and valued community of practice with key internal and external stakeholders.
• Being curious and open-minded.

Additional Information

• Enjoy discounted Heartist rates across our global network of 5,600 properties, 10,000 food and beverage venues, and wellness centers.
• Grow and travel with your career globally across more than 110 countries, 45 hotel brands from luxury and lifestyle to premium and economy.
• Continuous learning and investment into your capability, including Accor’s Revenue Management Academy certification.
• Work with sector-leading IDeaS revenue management platform.