Revenue Manager

Dusit Hotels and Resorts; Al Majma`ah; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading hotel management company in Al Majma'ah seeks an experienced Revenue Manager. Responsibilities include developing market strategies, managing revenue budgets, and training teams on revenue management. Candidates should have a Bachelor's degree and at least 3 years of hotel revenue management experience. Excellent communication and analytical skills are required. This role offers competitive compensation and the opportunity to work in a dynamic environment.

Qualifications

• Minimum of 3 years of hotel Revenue Management experience.
• Self-motivated, result-oriented, resourceful.
• Ability to interpret market data and apply to sales strategy.

Responsibilities

• Develop and manage market strategy budget to achieve revenue expectations.
• Collaborate with marketing and finance teams on annual budgets.
• Train team members on revenue and yield management.

Skills

Leadership qualities

Communication skills

Analytical skills

Financial management

Education

Bachelor degree in Business Administration, Marketing, Hotel Management or relevant discipline

Tools

Revenue Management System

Complex spreadsheet software

Job description

Overview

Dusit Princess Al Majma'ah, Riyadh

Location: Majma'ah City, Riyadh Region, Saudi Arabia

Job Description

Responsibilities

• Market Strategy: Works with market leadership to ensure proper pricing, positioning and inventory Management of all rooms, function space, outlets and other revenue streams
• Sales: Provides input and direction on hotel sales goals, pricing and selling strategy and customer information.
• Human Resources: Creates and sustains a work environment that focuses on fair and equitable treatment and associate satisfaction to enable business success.
• Financial Management: Develops and manages market strategy budget to achieve or exceed budgeted revenue expectations.

Administrative responsibilities

• Collaborates with Director of Finance to develop annual operating budget for hotel
• Works with Director of Sales and Marketing to develop Marketing Plan for all revenue streams
• Processes period end reporting and critique

Technical and Commercial Responsibilities

• Ensure hotels achieve/exceed revenue targets as specified in respective budget
• Instill a strong revenue culture with objective to improve hotel’s market share positions and RGI’s
• Apply Revenue Management and work in conjunction with the hotel(s) leadership team to determine hotel(s) strategies to achieve budget and strong market share positioning
• Assist the annual pricing process for transient, group, banquet and function space
• Continuous analysis of competitive sets, price positioning, seasonality and mix
• Processes month end reporting and critiques
• Collaborates with Director of Finance to develop annual operating budget for hotel
• Works with Director of Sales and Marketing to develop Marketing Plan for all revenue streams
• Ensure standards of Revenue Management discipline is practiced in the property
• Proactively engaging with Corporate office to ensure seamless communication

Human Resources Responsibilities

• Train sales strategy team members on key areas of revenue and yield management
• Establishes and maintains open, collaborative relationships with colleagues and ensures colleagues do the same within the team

Job Requirements

• Minimum education of Bachelor degree in Business Administration, Marketing, Hotel Management or relevant discipline
• Minimum of 3 years of hotel Revenue Management experience
• Have excellent communication skulls in written and spoken English
• Self-motivated, result-oriented, resourceful and possesses leadership qualities
• Possesses professional disposition with excellent communication and interpersonal skills
• Knowledge of technical and managerial applications of Revenue Management System and their utilization
• Knowledge of total hotel revenue management concept and processes
• Ability to interpret market data and apply to sales strategy
• Financial management skills e.g. ability to analyze P&L statements, develop operating budgets, forecasting and capital expenditure planning
• Ability to use standard software applications, complex spreadsheet software, analytical tools and hotel systems
• Ability to execute against the strategy; drive results