Hotel Revenue Manager

Placements24

Gqeberha

Hybrid

ZAR 600,000 - 900,000

Full time

4 days ago
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Benefits offered by this job

Medical aid
Retirement fund
Employee discounts

Job summary

Placements24, on behalf of a premier hotel property in Port Elizabeth, seeks a strategic Hotel Revenue Manager to optimize room revenue through dynamic pricing, inventory control, and forecasting. The role requires advanced analytical skills and experience with revenue management systems.

You will drive profitability across distribution channels and collaborate with Sales and Operations in a hybrid work setting.

Qualifications

  • 5+ years of revenue management experience in hospitality preferred.
  • Strong analytical and numerical skills with data-driven mindset.
  • Bachelor's degree in Hospitality, Business, Economics or related field.

Responsibilities

  • Develop and implement dynamic pricing strategies for rooms and outlets.
  • Analyze market trends, competition, and demand forecasts to optimize ADR and occupancy.
  • Manage room inventory across all channels including GDS and OTAs.
  • Prepare weekly and monthly revenue forecasts and performance reports.
  • Collaborate with Sales, Marketing, and Operations to align revenue strategies.
  • Monitor competitor activities and adjust pricing accordingly.
  • Identify opportunities for revenue growth and lead initiatives to capture new markets.
  • Utilize revenue management systems and tools effectively.
  • Conduct market analysis for Port Elizabeth and surrounding areas.

Skills

Dynamic pricing
Revenue management
Forecasting
Analytical skills

Education

Bachelor's in Hospitality
Business

Tools

PMS
GDS

Job description

About the Role

Our client, a premier hotel property situated in the scenic coastal city of Port Elizabeth , is looking for a strategic and analytical Hotel Revenue Manager. This key role involves optimizing room revenue through effective pricing, inventory management, and forecasting strategies across all distribution channels. The ideal candidate will possess a strong understanding of the Port Elizabeth market, exceptional analytical skills, and the ability to drive profitability. You will play a crucial part in maximizing revenue performance and achieving the hotel's financial objectives. This is an excellent opportunity for a motivated individual to lead revenue management efforts in a prime location.

Key Responsibilities Develop and implement dynamic pricing strategies for rooms and other revenue-generating outlets. Analyze market trends, competitor pricing, and demand forecasts to optimize occupancy and average daily rate (ADR). Manage room inventory across all channels, including the Global Distribution System (GDS) and Online Travel Agencies (OTAs). Prepare weekly and monthly revenue forecasts and performance reports. Collaborate with the Sales, Marketing, and Operations teams to align revenue strategies with overall business goals. Monitor competitor activities and adjust strategies accordingly. Identify opportunities for revenue growth and implement initiatives to capture new markets. Utilize revenue management systems and tools effectively. Conduct regular market analysis specific to Port Elizabeth and its surrounding tourist areas. Ensure all revenue management activities comply with company policies and ethical standards. Requirements Minimum of 5 years of experience in revenue management, preferably within the hotel or hospitality industry. Demonstrated success in increasing room revenue and profitability. Strong analytical and quantitative skills, with the ability to interpret complex data. Proficiency in revenue management software, PMS, and GDS systems. Excellent understanding of pricing strategies, market segmentation, and demand forecasting. Strong communication and presentation skills. Ability to work effectively in a hybrid remote and on-site environment. Bachelor's degree in Hospitality Management, Business, Economics, or a related field. Knowledge of the Eastern Cape tourism market is advantageous. Must be legally authorized to work in South Africa . Benefits

Our client offers a competitive salary package, including potential performance bonuses. Additional benefits include medical aid contributions, retirement fund options, and significant employee discounts on accommodation and dining across the group's properties. This hybrid role provides a balance between office-based strategic planning and remote flexibility, offering a rewarding career in the vibrant city of Port Elizabeth .

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