Revenue Manager

Accor Hotels; Jeddah; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player in hospitality is searching for a dynamic Revenue Manager to optimize financial performance and drive profitability. In this pivotal role, you will develop comprehensive revenue management strategies, analyze market trends, and manage inventory to maximize occupancy and room rates. Your expertise will be essential in collaborating with various teams to align initiatives and ensure successful outcomes. This position offers a unique opportunity to contribute to the growth of a leading organization while honing your skills in a fast-paced environment. If you are passionate about revenue management and eager to make a significant impact, this role is for you.

Qualifications

• 2+ years of experience in revenue management in luxury hotels.
• Strong analytical skills with a data-driven approach.

Responsibilities

• Develop and implement revenue management strategies.
• Analyze market trends for informed pricing decisions.
• Collaborate with teams to align revenue initiatives.

Skills

Analytical Skills

Problem-Solving

Communication Skills

Data Analysis

Strategic Thinking

Education

Bachelor's degree in Hospitality Management

Bachelor's degree in Business Administration

Tools

Revenue Management Software

Job description

Company Description

Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS

Job Description

We are seeking a highly skilled and motivated Revenue Manager to join our team in Jeddah, Saudi Arabia. As a Revenue Manager, you will play a crucial role in maximizing our organization's revenue and profitability through strategic pricing and inventory management.

• Develop and implement comprehensive revenue management strategies to optimize financial performance
• Analyze market trends, competitive landscape, and historical data to make informed pricing decisions
• Manage inventory effectively, balancing demand with supply to maximize room rates and occupancy
• Collaborate with sales, marketing, and operations teams to align revenue management initiatives
• Utilize forecasting tools and conduct in-depth data analysis to identify revenue opportunities
• Monitor and evaluate the performance of revenue management strategies, making adjustments as needed
• Develop and implement revenue management training programs for team members
• Stay updated on industry trends and best practices in revenue management
• Prepare and present regular performance reports to senior management
• Contribute to the development of annual budgets and financial forecasts

Qualifications

• Bachelor's degree in Hospitality Management, Business Administration, or a related field
• Minimum of two years of experience in revenue management, preferably within the luxury hotel industry
• Strong analytical and problem-solving skills with a data-driven approach
• Proficiency in using revenue management software and tools
• Excellent communication and interpersonal skills
• Ability to work under pressure and meet deadlines in a fast-paced environment
• Strong attention to detail and commitment to accuracy
• In-depth knowledge of market trends and competitive landscape in the hospitality industry
• Proven experience with forecasting and budgeting processes
• Advanced skills in data analysis and interpretation
• Ability to think strategically and make decisions that drive business growth
• Strong organizational skills and ability to manage multiple projects simultaneously
• Collaborative mindset with a customer-focused approach