Hotel Revenue Manager: Optimize Pricing & Profits

Millennium-Hotels-and-Resorts-Mea; Medina; In loco; SAR 400.000 - 600.000; Tempo pieno

Descrizione del lavoro

Millennium-Hotels-and-Resorts-Mea in Medina is seeking a Revenue Manager to optimize pricing, forecast demand, and maximize profitability across the hotel's revenue streams. You will oversee revenue management, monitor market trends, manage inventory across channels, and collaborate with sales and marketing to drive growth through promotions.

The role also involves presenting performance metrics to senior management and mentoring the revenue team, while adhering to EH&S policies.

Mansioni

• Develop and implement revenue management strategies to achieve revenue goals.
• Analyze market trends, competitor pricing, and demand to make informed pricing decisions.
• Monitor and manage room inventory and availability across distribution channels.
• Collaborate with sales and marketing teams to drive revenue growth through promotions and campaigns.
• Conduct regular revenue meetings to review pricing, demand forecasts, and market insights.
• Utilize revenue management software and tools to optimize pricing and inventory.
• Analyze historical data to identify patterns and trends for pricing and inventory control.
• Forecast future demand and revenue based on market analysis and historical data.
• Prepare and present revenue reports and performance metrics to senior management.
• Develop and maintain relationships with distribution partners and online travel agencies.
• Participate in budgeting and financial planning related to revenue.
• Train and mentor revenue management team members.
• Stay updated on industry trends and best practices in revenue management.
• Operate in a safe and environmentally friendly manner to safeguard the health and safety of guests and colleagues, as well as contribute to environmental conservation.
• Adhere to the company’s environmental, health, and safety procedures and policies.

Descrizione del lavoro

Millennium-Hotels-and-Resorts-Mea in Medina is seeking a Revenue Manager to optimize pricing, forecast demand, and maximize profitability across the hotel's revenue streams. You will oversee revenue management, monitor market trends, manage inventory across channels, and collaborate with sales and marketing to drive growth through promotions.

The role also involves presenting performance metrics to senior management and mentoring the revenue team, while adhering to EH&S policies.