Portfolio Revenue Manager

Accor Hotels; Cape Town; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading hospitality group in Cape Town is seeking a Portfolio Revenue Manager to optimize revenue strategies across five properties. The ideal candidate will possess 1-3 years of experience in revenue management, strong analytical skills, and the ability to collaborate with various teams. Proficiency in revenue management principles and familiarity with IDeaS platform are essential. This role offers a dynamic environment with opportunities for professional growth and development.

Benefits

Learning and development support

Exclusive benefits specific to the sector

Career opportunities in hospitality

Qualifications

• 1-3 years of experience in revenue management roles, preferably in a multi-property environment.
• Proven ability to work independently and thrive in collaboration.
• Fluency in English.

Responsibilities

• Oversee revenue management strategies for multiple properties.
• Conduct market analysis and performance benchmarking.
• Collaborate with teams to align pricing strategies with business goals.

Skills

Analytical skills

Revenue management principles

Collaboration

Market trend identification

Tools

IDeaS Revenue Management Platform

Job description

Company Description

Join us at Accor, where life pulses with passion!

As apioneerin the art ofresponsiblehospitality, the Accor Groupgathersmorethan45 brands, 5,600hotels, 10,000 restaurants, and lifestyle destinations in 110 countries.Whileeachbrand hasitsownpersonality,whereyouwillbeable totrulyfindyourself,theyallshareacommonambition: tokeepinnovatingandchallengingthestatus-quo.

Byjoiningus,youwillbecomeaHeartist®,becausehospitalityis, first andforemost, aworkofheart.

Youwilljoinacaringenvironmentand a teamwhereyoucanbeallyouare. Youwillbein asupportiveplace togrow, tofulfilyourself, todiscoverotherprofessions and topursuecareeropportunities, inyourhotelor inotherhospitalityenvironments, inyourcountry oranywherein the world!

Youwillenjoyexclusivebenefits,specificto thesectorandbeyond, aswellasstrongrecognition foryourdailycommitment.

Everythingyouwilldowithus,regardlessofyourprofession,willofferadeepsenseofmeaning, tocreatelasting,memorableandimpactfulexperiencesforyourcustomers,foryourcolleaguesand for theplanet.

Hospitality is a work of heart, Join us and become a Heartist®.

Job Description

Scope of position

As Portfolio Revenue Manager, you will collaborate closely with Sales, Marketing and Reservations teams, to optimize our revenue performance across a portfolio of 5 properties and achieve our business goals.

You will formulate and execute revenue strategies, identify market trends, and collaborate closely with the executive team on forecast and pricing. You will be a contributor to our revenue management community of practice internally and externally, mentor junior team members and receive learning and development support as you grow your career as a Heartist®.

Key Responsibilities:

• Oversee revenue management strategies for multiple properties.
• Ensure consistent pricing and revenue strategies across all hotels.
• Conduct market analysis and performance benchmarking.
• Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data.
• Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centers of the business.
• Conduct regular performance reviews and optimize pricing and inventory.
• Mentor, coach and develop junior team members in revenue management practices.
• Collaborate with senior management, sales, finance, and front office teams to align strategies with business goals.
• Ensure reservations are well managed and coordinate with the reservations team.
• Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.
• Leverage your knowledge of the distribution landscape, including online travel agencies and distribution networks to optimize hotel profits.
• Take charge of data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotels.

Qualifications

• 1-3 years of experience in revenue management roles. Experience within a multi-property environment is preferable.
• Proven ability to work independently while also thriving in collaborative team environments.
• Exceptional analytical skills and ability to make strategic decisions that enhance revenue growth.
• Proficient in revenue management principles.
• IDeaS Revenue Management Platform experience highly desirable.
• Strong understanding of the distribution landscape, online travel agencies, and emerging market trends.
• A collaborative, curious and forward-thinking mindset with a passion for elevating revenue management as a respected and valued community of practice with key internal and external stakeholders.

Additional information:

This role requires:

• Fluency in English
• To be eligible to live and work in South Africa.

Additional Information

Diversity & Inclusion for Accor means welcoming each and everyone and respecting their differences by giving priority only to qualities and skills in extending employment and development opportunities. Our ambition is to provide meaningful employment, a warm and welcoming culture, excellent working conditions and to promote the development of all people, including those with disabilities.

When applying, do not hesitate to let us know of any specific needs you may have so that we can take them into consideration.