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A property management company in Bali seeks a Revenue Manager to oversee pricing strategies, manage room inventory, and forecast demand. The ideal candidate should have at least 3 years of hotel experience, including 1 year in revenue management, and possess strong analytical skills. This role demands collaboration with sales and marketing teams to ensure optimal revenue performance.
The Revenue Manager is responsible for the strategic management of room inventory and pricing to maximize revenue and overall profitability. This role involves analyzing market trends, monitoring competitor activity, and leveraging data-driven insights to set optimal pricing strategies, manage distribution channels, and accurately forecast demand. The Revenue Manager works closely with sales, marketing, and operations teams to align revenue strategies with broader business goals, ensuring both financial performance and an exceptional guest experience.
Analyze market demand, competitor pricing, and historical performance to adjust room rates and optimize revenue across all segments.
Prepare accurate forecasts for occupancy, revenue, and demand trends to support informed budgeting and pricing decisions.
Control room availability across all distribution channels, implement overbooking strategies when appropriate, and ensure optimal inventory allocation.
Monitor local market conditions, tourism trends, and competitor activities to identify risks and revenue opportunities.
Analyze key performance indicators such as RevPAR, ADR, and occupancy rates, generating actionable insights and reports for senior management.
Work closely with Sales and Marketing teams to align revenue strategies with promotional campaigns, special offers, and seasonal demand.
Implement and maintain revenue management software to automate pricing, track performance metrics, and support data-driven decision-making.