Remote Hospitality Revenue Manager

Placements24; Randfontein; Remote; ZAR 700,000 - 950,000; Full time

Benefits offered by this job

Fully remote

Medical aid

Retirement fund

Professional development

RMS/PMS training

Job summary

Placements24 is seeking a highly analytical and strategic Remote Hospitality Revenue Manager. The role focuses on forecasting demand, optimizing ADR, managing inventory, and applying data-driven pricing strategies across a diverse portfolio of properties.

You will work independently in a remote setting, collaborating with sales, marketing and operations to maximize profitability and ensure cohesive revenue strategies. This is a senior, fully remote position.

Qualifications

• Bachelor's degree in Hospitality Management, Business, Economics, or related field preferred.
• Minimum 4 years of revenue management experience in hospitality.
• Proven experience with revenue management strategies and tools.
• Strong analytical skills with data analysis and reporting tools.

Responsibilities

• Develop and implement revenue management strategies to optimize occupancy and ADR.
• Conduct market analysis, benchmarking, and demand forecasting.
• Manage pricing and inventory across distribution channels for optimal yield.
• Collaborate with sales/marketing to align revenue strategies with promotions.
• Monitor KPIs and generate regular reports for senior management.
• Utilize RMS and data analytics tools to identify trends and opportunities.
• Provide pricing adjustments, promotions, and inventory controls recommendations.

Skills

Data analysis

Forecasting

Pricing strategy

Remote collaboration

Education

Bachelor's degree

Tools

Excel

SQL

Power BI

RMS

PMS

Job description

About the Role

Our client is seeking a highly analytical and strategic Remote Hospitality Revenue Manager to join their dynamic team. This fully remote position will be instrumental in optimizing revenue generation across a portfolio of properties, leveraging data-driven insights and sophisticated pricing strategies. You will be responsible for forecasting demand, setting optimal pricing, managing inventory, and implementing effective revenue management strategies to maximize profitability. This role requires a deep understanding of the hospitality industry, advanced analytical skills, and the ability to work independently in a remote setting. You will collaborate closely with sales, marketing, and operations teams to ensure a cohesive approach to revenue maximization. This is a critical position for driving financial success for our client's diverse hospitality assets, without the need to be based in a specific geographic location.

Key Responsibilities

• Develop and implement comprehensive revenue management strategies to optimize occupancy and average daily rate (ADR).
• Conduct market analysis, competitor benchmarking, and demand forecasting.
• Manage pricing and inventory across all distribution channels, ensuring optimal yield.
• Collaborate with the sales and marketing teams to align revenue strategies with promotional activities.
• Monitor key performance indicators (KPIs) and generate regular reports for senior management.
• Utilize revenue management systems (RMS) and data analytics tools to identify trends and opportunities.
• Provide recommendations for pricing adjustments, promotional offers, and inventory controls.
• Stay abreast of industry trends and best practices in revenue management.
• Work effectively in a remote environment, maintaining strong communication with all stakeholders.

Requirements

• A minimum of 4 years of experience in revenue management within the hospitality industry.
• Proven experience in developing and implementing successful revenue management strategies.
• Strong analytical skills with proficiency in data analysis and reporting tools (e.g., Excel, SQL, BI platforms).
• Expertise in using revenue management systems (RMS) and property management systems (PMS).
• Excellent understanding of pricing strategies, demand forecasting, and inventory management.
• Strong communication and interpersonal skills, with the ability to influence stakeholders remotely.
• Demonstrated ability to work independently, manage time effectively, and meet deadlines in a remote setting.
• A Bachelor's degree in Hospitality Management, Business, Economics, or a related field is preferred.
• Fluency in English, with strong written and verbal communication skills.

Benefits

This role offers a competitive salary package and the significant benefit of being fully remote, providing unparalleled flexibility. Our client offers a comprehensive benefits package, including medical aid and a retirement fund. Professional development opportunities and training on the latest revenue management technologies are provided. You will have the autonomy to manage your workday and contribute to the financial success of our client from the comfort of your own home, with regular virtual team-building activities to foster connection. This is an exciting opportunity for a skilled professional to thrive in a remote-first hospitality environment.