Multi Property Revenue Manager

Minor Hotels; Johannesburg; On-site; ZAR 300,000 - 600,000; Full time

Job summary

An established industry player is seeking a dynamic Revenue Manager to develop and implement pricing strategies that optimize hotel revenue. This role involves analyzing market trends, preparing forecasts, and leading weekly revenue meetings to ensure the hotel remains competitive in the hospitality market. The ideal candidate will possess a strong understanding of revenue management systems and hotel operations, along with the ability to communicate effectively with various departments. Join a forward-thinking team dedicated to driving success and maximizing profitability in a vibrant market environment.

Qualifications

• 2+ years of revenue and yield experience in the hospitality sector.
• Familiarity with hotel operations and distribution channels.

Responsibilities

• Prepare accurate forecasts for hotel rooms revenue by market segment.
• Set and communicate hotel pricing strategy based on market intelligence.

Skills

Revenue Management

Yield Management

Market Analysis

Communication Skills

Education

Degree in Hospitality Management

Relevant Certifications

Tools

PMS (Property Management System)

RMS (Revenue Management System)

Job description

As Revenue Manager, you will set and effectively communicate the hotel's pricing strategies by market segment with reference to market intelligence, buying patterns, and pre-determined seasonality. Further, you will actively participate in the production of the hotel's annual budget and assist in the creation, update, and evaluation of the hotel's sales and marketing plans. You will be responsible for ensuring available technology (PMS & RMS) is fully utilized and understood according to the property-specific business mix and requirements to ensure optimal use. You will then measure performance on all distribution channels to ensure that fair market share is well achieved.

Key Areas of Responsibility:

• Prepare weekly accurate 3-month forecasts for hotel rooms revenue by Market Segment.
• Prepare monthly accurate rolling 12-month forecasts for hotel rooms revenue by Market Segment.
• Set and effectively communicate the hotel pricing strategy by market segment with reference to market intelligence, buying patterns, and pre-determined seasonality.
• Prepare and chair a weekly Revenue Meeting.
• Collate and distribute meeting minutes of notes on forecast and strategy changes, including a weekly action plan.
• Set monthly targets of upselling revenue for the front office and reservations department.

Qualifications:

• 2 years revenue and yield experience in the hospitality industry.
• Familiar with hotel operations, available technology (PMS & RMS), and all distribution channels.
• Understand the dynamics of regional & local markets, as well as local competitors and events.

Additional Information:

This position is based at the Regional Office in Johannesburg.

Only candidates with South African residence will be considered.