Revenue Manager

Hotel Queen Road

New Delhi

On-site

INR 1,200,000 - 2,000,000

Full time

14 days+
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Job summary

Hotel Queen Road in Delhi is seeking a Revenue Manager to lead the hotel's pricing and inventory strategy. You will collaborate with Sales, Marketing, Front Office, Reservations, and E-commerce teams to optimize ADR, RevPAR, and occupancy across all distribution channels.

The role requires strong analytical skills, experience in hotel revenue management, and a proven ability to forecast demand and respond to market conditions.

Qualifications

  • Experience in hotel revenue management or a similar domain.
  • Strong analytical skills with ability to interpret data.
  • Proven track record in optimizing ADR/RevPAR and occupancy.

Responsibilities

  • Develop and implement the hotel's revenue management strategy.
  • Manage room rates, restrictions, inventory across channels.
  • Prepare daily, weekly, monthly revenue forecasts.
  • Analyze occupancy, ADR, RevPAR, pacing and demand.
  • Monitor competitor pricing and market positioning.
  • Optimize pricing based on demand and events.
  • Collaborate with Sales, Marketing, Front Office, Reservations, E-commerce.
  • Review business mix by segment and channel.
  • Prepare revenue reports and management presentations.
  • Identify opportunities to increase profitability and profitability metrics.

Skills

Revenue management
Pricing strategy
Forecasting
Channel management
Cross-functional collaboration

Job description

  • Develop and implement the hotel's overall revenue management strategy.
  • Manage room rates, restrictions, inventory, and availability across all market segments and distribution channels.
  • Prepare daily, weekly, and monthly revenue forecasts.
  • Analyze occupancy, ADR, RevPAR, pickup, pace, booking patterns, cancellations, and market demand.
  • Monitor competitor pricing, promotions, room types, and market positioning.
  • Optimize pricing based on demand, seasonality, events, market conditions, and booking trends.
  • Manage revenue across OTAs, direct channels, GDS, corporate accounts, wholesalers, and other distribution partners.
  • Work closely with Sales, Marketing, Front Office, Reservations, and E-commerce teams to maximize revenue opportunities.
  • Review and optimize business mix by segment, source market, channel, and rate category.
  • Conduct regular competitive and market analysis and recommend appropriate pricing actions.
  • Manage overbooking strategies in coordination with Front Office and Reservations.
  • Prepare revenue reports, performance dashboards, and management presentations.
  • Identify opportunities to increase ADR, RevPAR, occupancy, and overall hotel profitability.
  • Support budgeting, annual business planning, and long-range forecasting.
  • Monitor promotions and packages and evaluate their financial effectiveness.
  • Ensure accurate rate loading, inventory controls, and parity across distribution channels.
  • Participate in revenue meetings and communicate key business insights and action plans to management.
  • Ensure compliance with the hotel's revenue management policies and procedures.
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