Revenue Manager/Distribution Manager

PREMIERE HOTEL KLANG; George Town; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading hotel in George Town is seeking a Revenue Manager to optimize pricing and improve profitability. The role involves developing pricing strategies, analyzing market trends, managing revenue software, and collaborating with sales and marketing teams. Ideal candidates will have a Bachelor's degree in hospitality or related fields, along with 3-5 years of relevant experience in the hotel industry.

Qualifications

• 3-5 years of experience in revenue management within the hotel industry.
• Strong proficiency in revenue management software.
• Advanced knowledge of Excel and data analysis tools.

Responsibilities

• Develop and implement dynamic pricing strategies based on market trends.
• Monitor market trends and adjust strategies accordingly.
• Prepare revenue forecasts and reports to support financial planning.

Skills

Data analysis

Revenue management software

Market trend analysis

Negotiation

Communication

Problem-solving

Education

Bachelor's degree in hospitality management

Bachelor's degree in Finance

Bachelor's degree in Business Administration

Certification in Revenue Management

Tools

Excel

Global Distribution Systems (GDS)

Job description

Key Responsibilities

• Develop and implement dynamic pricing strategies based on demand, seasonality, and competitor analysis.
• Utilize revenue management software to forecast occupancy and adjust pricing accordingly.
• Monitor and analyze market trends to ensure competitive positioning.
• Optimize room rates and packages to maximize revenue while maintaining guest satisfaction.
• Conduct regular market research to identify trends, competitor pricing, and demand fluctuations.
• Prepare revenue forecasts and financial reports to support budgeting and strategic planning.
• Manage room inventory across various distribution channels, including OTAs, direct bookings, and travel agencies.
• Ensure rate parity across all booking platforms to maintain consistency.
• Work closely with the reservations team to prevent overbooking or underutilization of rooms.
• Coordinate with sales and marketing teams to develop promotions and packages.
• Generate detailed reports on revenue performance and suggest improvements.
• Implement strategies to enhance profitability and operational efficiency.

Required Skills & Qualifications

• Advanced knowledge of Excel and data analysis tools.
• Strong proficiency in revenue management software.
• Ability to interpret financial reports and market data.
• Minimum of3-5 yearsof experience in revenue management within the hotel industry.
• Familiarity with global distribution systems (GDS) and online travel agencies (OTAs).
• Understanding of hotel operations, sales, and marketing strategies.
• Bachelor's degree in hospitality management, Finance, Business Administration, or a related field.
• Certifications inRevenue Management(e.g., CHRM - Certified Hospitality Revenue Manager) are a plus.
• Strong communication and negotiation skills.
• Ability to work under pressure and adapt to market changes.
• Detail-oriented with excellent problem-solving abilities.