Relationship Recruiting - Managers of Others in Revenue Management24090548

Singapore Regional Office; Singapore; On-site; USD 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Revenue Manager to optimize financial performance across various lodging products. This role involves analyzing revenue management data, developing sales strategies, and maintaining strong relationships with stakeholders such as hotel General Managers and franchisees. The ideal candidate will have a background in finance or business administration and possess strong analytical skills to identify trends and enhance revenue strategies. Join a dynamic team where your contributions will directly impact the success of our revenue management initiatives.

Qualifications

• 2 years of experience in revenue management or related field.
• Strong analytical skills to identify trends and propose solutions.

Responsibilities

• Analyze data and generate reports to improve revenue strategies.
• Develop relationships with stakeholders to communicate market insights.

Skills

Data Analysis

Sales Strategy Development

Revenue Management

Market Analysis

Education

2-year degree in Business Administration or related field

4-year bachelor's degree in Business Administration or related field

Tools

Reservation Systems

Revenue Management Systems

Job description

JOB SUMMARY

Responsible for balancing the financial objectives of different lodging products to maximize total revenues and profit associated with guest rooms. Develops and recommends sales strategies for pricing of transient, wholesale, and group segments. Maintains relationships with stakeholders, including hotel General Managers, sales leaders, franchisees, and owners.

CANDIDATE PROFILE

Education and Experience

• 2-year degree from an accredited university in Business Administration, Finance, Accounting, Economics, Hotel and Restaurant Management, or related field; 1 year experience in revenue management, sales, marketing, or related area.
• OR 4-year bachelor's degree in the same fields; no experience required.

CORE WORK ACTIVITIES

Analyzing and Reporting Revenue Management Data

• Analyze data, identify problems, and propose solutions.
• Review system data to identify trends and obstacles.
• Generate updates on transient bookings and analyze booking patterns.
• Maintain reservation system accuracy and check distribution channels.
• Produce reports and presentations timely.
• Analyze STAR data to improve strategies and develop RevPAR forecasts.

Managing Revenue Management Strategy

• Support property leaders in sales strategy development.
• Implement revenue tests and communicate market strategies.
• Assist with pricing and business evaluations.
• Optimize revenue management processes and diagnostic tools.

Building Successful Relationships

• Communicate initiatives and market analysis to stakeholders.
• Develop and maintain cooperative relationships with internal and external partners.

Additional Responsibilities

• Update executives and team members promptly.
• Manage information and collaborate to achieve goals.
• Demonstrate knowledge of relevant issues, systems, and processes.