Revenue Manager

Accor Hotels; Medina; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading hotel group is seeking a skilled Revenue Manager to join their team in Medina, Saudi Arabia. You will be responsible for optimizing revenue and market share by developing strategies, conducting analyses, and collaborating with various departments. The ideal candidate has a Bachelor's in Hospitality Management, 3-5 years of experience in revenue management, and strong analytical and communication skills. Join us to drive financial success and take on new challenges in the hospitality industry.

Qualifications

• 3-5 years of experience in hotel revenue management.
• Strong understanding of pricing strategies and yield management.
• Fluency in English; Arabic language skills are a plus.

Responsibilities

• Develop and execute revenue management strategies.
• Conduct market analysis and competitor benchmarking.
• Collaborate closely with sales and marketing teams.

Skills

Analytical skills

Revenue growth

Communication skills

Organizational skills

Team player

Education

Bachelor's degree in Hospitality Management

Tools

Excel

Opera Cloud PMS

IDeaS RMS

Job description

Job Description

We are seeking a highly analytical and goal-oriented Revenue Manager to join our team in Novotel Madinah, Saudi Arabia. As a key member of our organization, you will be responsible for developing and implementing strategies to maximize revenue and market share for our hotel properties.

• Develop and execute revenue management strategies to optimize room revenue and occupancy rates
• Conduct regular market analysis and competitor benchmarking to identify trends and opportunities
• Create and maintain pricing structures across various distribution channels
• Generate accurate forecasts and reports to support decision-making processes
• Collaborate closely with sales, marketing, and operations teams to align revenue strategies
• Monitor and analyze key performance indicators (KPIs) to ensure revenue goals are met
• Implement and manage revenue management systems and tools
• Stay updated on industry trends and best practices in revenue management
• Provide training and guidance to team members on revenue management principles
• Develop and maintain strong relationships with online travel agencies and key partners

Qualifications

• Bachelor's degree in Hospitality Management, Business Administration, or related field
• Minimum of 3-5 years of experience in hotel revenue management
• Strong analytical skills with a proven track record of driving revenue growth
• Proficiency in MS Office suite, particularly Excel for data analysis
• Experience with revenue management systems such as Opera Cloud PMS and IDeaS RMS
• Excellent communication and presentation skills, with the ability to explain complex data clearly
• Strong understanding of pricing strategies and yield management techniques
• Experience with data visualization tools to create impactful reports
• Knowledge of the local hospitality market in Makkah, Saudi Arabia
• Fluency in English; Arabic language skills are a plus
• Demonstrated ability to work efficiently in a fast-paced, detail-oriented environment
• Strong organizational skills and ability to manage multiple priorities
• Team player with a commitment to achieving organizational goals
• Adaptability to changing market conditions and willingness to innovate revenue strategies