Reservations and Revenue Manager

Placements24; United States; On-site; USD 36,000 - 54,000; Full time

Benefits offered by this job

Competitive salary

Performance bonuses

Career advancement

Professional development

Job summary

Placements24 client, a leading hotel in Randburg, Gauteng, seeks a strategic Reservations and Revenue Manager. You will maximize room revenue and occupancy through dynamic pricing, inventory control, and market analysis, collaborating with sales, marketing, and operations.

The ideal candidate has 4+ years in hotel revenue management or reservations, strong forecasting, proficiency with RMS/PMS systems (IDeaS, Duetto) and Excel, and a proven track record of targets.

Qualifications

• Bachelor's degree in Hospitality Management, Business Administration, Economics, or related field.
• Minimum 4 years in revenue management or reservations in the hotel industry.
• Proven track record of achieving revenue targets with pricing strategies.
• Proficiency with RMS/PMS systems and strong Excel skills.

Responsibilities

• Develop and implement revenue management strategies to maximize room revenue.
• Monitor market trends, competitor pricing, and demand forecasts to adjust pricing and inventory.
• Manage the reservations department and inquiries.
• Utilize revenue management systems to analyze data and optimize pricing.
• Collaborate with sales and marketing to develop promotions and packages.
• Prepare reports on occupancy, revenue, and KPIs.
• Oversee yield management for pricing and availability across channels.
• Train reservations staff on best practices and systems.

Skills

Forecasting

Pricing strategy

Revenue management

Data analysis

Excel

Education

Bachelor's degree in Hospitality Management

Bachelor's degree in Business Administration

Bachelor's degree in Economics

Tools

IDeaS

Duetto

PMS

Job description

About the Role

Our client, a leading hotel in the vibrant business district of Randburg, Gauteng , is seeking a strategic and analytical Reservations and Revenue Manager. This key role is responsible for maximizing revenue and optimizing occupancy through effective reservation management, dynamic pricing strategies, and insightful market analysis. The ideal candidate will possess a strong understanding of the hospitality market, excellent forecasting abilities, and proficiency with revenue management systems. You will work closely with the sales, marketing, and operations teams to ensure that our client's pricing and inventory strategies align with overall business objectives and market demand in the competitive Randburg landscape. Your expertise will be crucial in driving profitability and maintaining a strong market position for our client.

Key Responsibilities

• Develop and implement effective revenue management strategies to maximize room revenue and achieve financial targets.
• Monitor market trends, competitor pricing, and demand forecasts to adjust pricing and inventory strategies accordingly.
• Manage the reservations department, ensuring efficient handling of all bookings and inquiries.
• Utilize revenue management systems to analyze data, identify opportunities, and optimize pricing.
• Collaborate with sales and marketing teams to develop promotional offers and packages.
• Prepare regular reports on occupancy, revenue, and key performance indicators.
• Oversee the yield management process to ensure optimal pricing and availability across all channels.
• Train and guide reservations staff on best practices and system utilization.
• Identify opportunities for upselling and cross-selling to enhance revenue streams.
• Maintain strong relationships with online travel agencies (OTAs) and other distribution partners.

Requirements

• A Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field.
• Minimum of 4 years of experience in revenue management or reservations management within the hotel industry.
• Proven track record of successfully implementing revenue management strategies and achieving targets.
• Proficiency with hotel revenue management systems (e.g., IDeaS, Duetto) and PMS.
• Strong analytical, forecasting, and problem-solving skills.
• Excellent understanding of the principles of yield management and dynamic pricing.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Must be based in or willing to relocate to Randburg, Gauteng .
• Proficiency in Microsoft Excel and other relevant software.

Benefits

• Our client offers a competitive salary, performance-based bonuses, and a comprehensive benefits package.
• This role provides significant opportunities for career advancement within a leading hospitality group.
• You will be part of a dynamic team focused on driving success and innovation.
• Professional development and training are actively supported.
• We aim to provide a rewarding and growth-oriented environment for our employees in the bustling city of Gauteng .