Revenue Manager

Indian Hotels Company Limited (IHCL); Nashik District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

IHCL in Nashik is seeking a Revenue Manager to drive daily revenue optimization through pricing and inventory control, aligning with sales and marketing to meet targets.

The role involves executing pricing strategies, analyzing booking patterns and market demand, collaborating with reservations and sales teams, and maintaining RMS and related tools to support informed decisions.

Qualifications

• Minimum Bachelors Degree in Hospitality, Business or any other discipline
• Preferred - Masters degree in Hospitality, Business or any other discipline.
• Analytics or Mathematics background
• Good knowledge of MS Excel and Powerpoint

Responsibilities

• Execute daily pricing, inventory control, and distribution strategies.
• Analyze booking patterns, market demand, and competitor pricing to adjust rates.
• Collaborate with sales, marketing, and reservations teams to optimize promotions and offers.
• Monitor performance through regular reporting and adjust strategies to meet targets.
• Maintain and update the property's revenue management system (RMS) and other tools.

Skills

Analytics background

Pricing awareness

Education

Bachelor's degree in Hospitality/Business

Masters degree preferred

Tools

MS Excel

PowerPoint

Job description

About IHCL

Indian Hotels Company Limited (IHCL) is a part of the Tata Group and is one of South Asia's largest and most iconic hospitality companies. With a legacy of over 120 years, we are dedicated to delivering exceptional experiences to our guests through our diverse portfolio of hotels, resorts, and palaces.

Careers at IHCL

At IHCL, we believe our employees are our greatest asset. We are committed to fostering a dynamic work environment that encourages innovation, collaboration, and personal growth. Join us in creating memorable experiences and shaping the future of hospitality. Explore exciting career opportunities with us and be a part of a vibrant team that values passion, excellence, and diversity.

Job Objective

Drive daily revenue optimization through pricing and inventory control, leveraging data analysis to improve performance. Work closely with sales and marketing to ensure strategies are aligned with revenue targets and market trends.

Essential Job Tasks

Execute daily pricing, inventory control, and distribution strategies.

Analyze booking patterns, market demand, and competitor pricing to adjust rates.

Collaborate with sales, marketing, and reservations teams to optimize promotions and offers.

Monitor performance through regular reporting and adjust strategies to meet targets.

Maintain and update the property's revenue management system (RMS) and other tools.

Areas of Responsibility

Daily Revenue Optimization: Authority to adjust room rates, manage inventory, and make tactical decisions to optimize daily revenue performance.

Market Analysis and Reporting: Responsible for analyzing market conditions, competitor pricing, and demand forecasts to make informed decisions.

Collaboration with Sales and Marketing: Authority to implement sales strategies and marketing initiatives to align with the overall revenue plan, ensuring consistent execution.

System Management: Authority over the use and configuration of revenue management and property management systems to ensure accurate data and decision-making tools.

Required Qualifications

Minimum Bachelors Degree in Hospitality, Business or any other discipline

Preferred - Masters degree in Hospitality, Business or any other discipline.

Analytics or Mathematics background

Good knowledge of MS Excel and Powerpoint

Work Experience

3-4 years experience in Revenue Management

Languages Needed in Position

English

Key Interfaces- External

Clients, Vendors and Partners

Key Interfaces- Internal

Reservations

Area / Unit DOSM/ Sales Managers

General Manager / Hotel Ops team

Corporate RM and Distribution Team

Behavioural Competencies

Process Excellence

Result Orientation

Collaborative Engagement

Change Championship

Growth Mindset

Talent Enrichment

Guest Centricity

Personal Effectiveness

Equal Opportunities Employment at IHCL

At IHCL, we celebrate diversity and are committed to creating an inclusive environment for all employees. We are proud to be an equal opportunity employer and do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, disability, or any other status protected by applicable law. We encourage all qualified individuals to apply and join our team, where every voice is valued and respected.