Revenue Manager

JR United Kingdom; London; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a skilled Revenue Manager to join their dynamic team in London. This role offers the chance to work in a hybrid environment, focusing on maximizing revenue and RevPAR for a portfolio of hotels. The ideal candidate will possess strong leadership abilities and a deep understanding of pricing strategies, forecasting, and benchmarking. Join a renowned global brand committed to responsible tourism and sustainability, and make a significant impact in the hospitality sector. If you're ready to take your career to the next level in a vibrant work culture, this opportunity is perfect for you.

Qualifications

• Mindset for maximizing revenue and RevPAR in the hotel sector.
• 3+ years of experience in revenue management is essential.

Responsibilities

• Monitor competitor pricing to enhance revenue and RevPAR.
• Implement pricing strategies and manage inventory effectively.
• Generate revenue forecasts and budgets for hotels.

Skills

Revenue Management

Pricing Strategy

Forecasting

Benchmarking

Leadership Skills

Tools

Opera

Switch

Duetto

Job description

Based in London, our leading client is looking for a Revenue Manager to join their team on a permanent hybrid working basis.

This job would suit someone with at least 3 years’ experience in revenue management within the hotel sector, responsible for maximizing the RevPAR of the hotels in the portfolio and managing the pricing strategy on a day-to-day basis, producing the different actions that ensure the best performance.

The glamorous global business is an international hotel group with over 1000 hotels in operation and under development in APAC & EMEA. Its commitment to responsible tourism has led the business to achieve phenomenal sustainability awards worldwide.

The successful individual will have good knowledge and experience in pricing, forecasting, and benchmarking for a portfolio of hotels. They will have strong leadership skills with the ability to inspire and lead a team by example. Opera, Switch, and Duetto experience would also be desired but isn’t essential.

Job Responsibilities:

• Understand market dynamics and monitor competitor pricing to grow revenue and RevPAR for assigned portfolio.
• Deliver effective pricing and ensure optimal inventory for all revenue streams and market segments.
• Responsible for implementing an aggressive overbooking strategy to ensure revenue maximization, driving cross-selling opportunities between nearby hotels.
• Embrace and ensure optimization of new systems and tools to maximize revenue.
• Understand, investigate, and extract data from any relevant system needed for problem-solving and analysis.
• Generate revenue forecasts and budgets for all hotels within area of responsibility.

This is a fantastic opportunity for a revenue manager who would like to join a well-known and growing global brand.

For more information about this role or any other hybrid working Revenue Manager jobs in London, please don’t hesitate to contact us in confidence or visit our website.

Every application will receive a response as this is the recognized working practice at MRK Associates.

MRK Associates – AGY.

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