Revenue Manager

Mövenpick Hotels & Resorts; Al Khobar; On-site; SAR 180,000 - 350,000; Full time

Job summary

Mövenpick Hotels & Resorts is seeking a passionate Revenue Manager to drive revenue growth, optimize pricing, and manage channel performance across our properties. You will collaborate with Sales, Marketing and Reservations to execute strategies and forecast pricing, while mentoring junior team members and contributing to our RM community.

You will lead RM meetings, monitor market trends, and coordinate with finance and front office to maximize RevPAR and profit across the portfolio.

Qualifications

• 1-3 years of experience in revenue management in hospitality.
• Proven ability to work independently and in teams.
• Strong analytical skills for strategic decisions.
• Knowledge of revenue management principles and distribution.
• Experience with IDeaS RM platform is highly desirable.

Responsibilities

• Drive revenue growth across hotels and brands, optimize pricing strategies and channel performance.
• Collaborate with Sales, Marketing and Reservations teams to optimize revenue performance.
• Formulate and execute revenue strategies, manage inventory and forecast pricing.
• Lead weekly/bi-weekly Revenue Management meetings with data-driven insights.
• Mentor junior team members and contribute to RM community of practice.
• Monitor competitor pricing and market trends to adjust strategies.
• Collaborate with cross-functional teams to achieve revenue goals.
• Ensure reservations are well managed and distribution networks are optimized.

Skills

Revenue management

Analytical skills

Independent work

Team collaboration

Pricing optimization

IDeaS RM Platform

Market awareness

Tools

IDeaS Revenue Management Platform

Job description

Join a hotel that is a member of the Accor network, whose group brings together more than 45 brands, 5,500 hotels, 10,000 restaurants and lifestyle destinations. Here, we believe in you and what you bring to the table. There are many opportunities for development and advancement. Every gesture, every smile, every action, contributes to creating a positive and memorable impact for our customers, our colleagues and also for our planet. Together, we embody the vision of responsible hospitality.

Take the opportunity to become a Heartist®, and let your heart guide you in this world where life beats faster.

Job Description

We are looking for a passionate and experienced revenue manager ready to take their career to the next level: drive revenue growth across our iconic hotels and brands, optimize pricing strategies and channel performance, build best practices and work with sector-leading technology.

As Revenue Manager, you will collaborate closely with Sales, Marketing and Reservations teams, to optimize our revenue performance and achieve our business goals.

You will formulate and execute revenue strategies, manage inventory, and collaborate with the executive team on forecast and pricing. You will be a contributor to our revenue management community of practice internally and externally, mentor junior team members and receive learning and development support as you grow your career as a Heartist®.

Develop and implement revenue strategies for the hotel.

Develop and implement revenue strategies for the hotel.

Monitor competitor pricing and market trends to adjust strategies.

Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data.

Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centers of the business.

Conduct regular performance reviews and optimize pricing and inventory.

Mentor, coach and develop junior team members in revenue management practices.

Collaborate with sales, finance, and front office teams to achieve revenue goals.

Ensure reservations are well managed and coordinate with the reservations team.

Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.

Leverage your knowledge of the distribution landscape, including online travel agencies and distribution networks to optimize hotel profits.

Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel.

Qualifications

The ideal candidate will bring:

1-3 years of experience in revenue management roles preferably in hotel and hospitality industry

Proven ability to work independently while also thriving in collaborative team environments.

Exceptional analytical skills and ability to make strategic decisions that enhance revenue growth.

Proficient in revenue management principles.

IDeaS Revenue Management Platform experience highly desirable.

Strong understanding of the distribution landscape, online travel agencies, and emerging market trends.

A collaborative forward-thinking mindset with a passion for elevating revenue management as a respected and valued community of practice with key internal and external stakeholders.

Being curious and open-minded.

Additional Information

Your team and working environment:

In 1-2 sentences, introduce the team, property or office environment in a way that reflects the culture

Note: Customization may be included for any specific local or legislative requirements, such as work permits