Remote Hotel Revenue Manager

Placements24

Roanoke (VA)

Hybrid

USD 90,000 - 180,000

Full time

4 days ago
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Benefits offered by this job

Fully remote work
Competitive salary
Health insurance
Professional development
Bonuses tied to performance

Job summary

Placements24 seeks a proactive Remote Hotel Revenue Manager to maximize room revenue through strategic pricing, inventory control, and forecasting. You will analyze market trends, competitors, and demand, implementing effective revenue strategies from a remote location with autonomy.

Ideal candidates have 3+ years in hotel revenue management, strong RM software skills, and a solid understanding of hospitality operations.

Qualifications

  • Minimum 3 years in hotel revenue management or related field.
  • Proven track record of increasing room revenue and RevPAR.
  • Strong analytical skills with RM software proficiency.
  • Understanding of hotel operations, market dynamics, and distribution channels.
  • Ability to work independently in a remote setting.

Responsibilities

  • Develop dynamic pricing to optimize occupancy and ADR.
  • Manage room inventory across distribution channels.
  • Conduct daily, weekly and monthly revenue forecasts.
  • Analyze market data, price competitors, and demand forecasts.
  • Collaborate with sales/marketing to align revenue goals.
  • Monitor KPIs and prepare regular reports.
  • Identify new revenue opportunities and implement strategies.

Skills

Revenue management
Forecasting
Analytical skills
Communication
Independent work

Education

Bachelor's degree in Hospitality Management
Bachelor's degree in Business/Marketing
High school diploma with extensive relevant experience

Tools

PMS
CRS

Job description

About the Role

Our client, a dynamic hotel group with properties across the country, is seeking a proactive and results-driven Remote Hotel Revenue Manager. This is a fully remote position where you will be responsible for maximizing room revenue through strategic pricing, inventory management, and forecasting. You will analyze market trends, competitor activities, and demand patterns to implement effective revenue management strategies. This role requires a sharp analytical mind, excellent understanding of the Hospitality & Tourism market, and the ability to work autonomously from a remote location.

Key Responsibilities
  • Develop and implement dynamic pricing strategies to optimize occupancy and average daily rate (ADR).
  • Manage room inventory across all distribution channels, ensuring optimal availability.
  • Conduct daily, weekly, and monthly revenue forecasts.
  • Analyze market data, competitor pricing, and demand forecasts to inform revenue strategies.
  • Collaborate with sales and marketing teams to align revenue goals with promotional activities.
  • Monitor key performance indicators (KPIs) and prepare regular performance reports.
  • Identify new revenue opportunities and implement strategies to capture them.
  • Stay informed about industry trends and revenue management best practices.
  • Manage relationships with Online Travel Agencies (OTAs) and other distribution partners.
  • Utilize revenue management software and tools effectively.
Requirements
  • Minimum of 3 years of experience in hotel revenue management or a closely related field.
  • Proven track record of successfully increasing room revenue and RevPAR.
  • Strong analytical skills and proficiency in revenue management software and tools.
  • Excellent understanding of hotel operations, market dynamics, and distribution channels.
  • Ability to work independently, manage time effectively, and meet deadlines in a remote setting.
  • Strong communication and interpersonal skills.
  • Bachelor's degree in Hospitality Management, Business, Marketing, or a related field.
  • High school diploma with extensive relevant experience will also be considered.
  • A dedicated home office setup with reliable high-speed internet is required.
  • Familiarity with various PMS and CRS systems is advantageous.
Benefits
  • Competitive annual salary of ZAR.
  • Performance-based bonuses tied to revenue targets.
  • Comprehensive health insurance benefits.
  • Fully remote work arrangement, offering flexibility and work-life balance.
  • Opportunities for professional development and training in revenue management.
  • Contribute to the financial success of a growing hotel portfolio.
  • Access to industry insights and networking opportunities.
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