Revenue Manager

AccorHotel; Krugersdorp; On-site; ZAR 450,000 - 650,000; Full time

Job summary

A leading hotel chain in Gauteng is seeking an experienced Revenue Manager to maximize hotel profitability through strategic revenue management. Responsibilities include developing pricing strategies, analyzing market trends, and optimizing inventory. Candidates should have a bachelor's degree and at least 3 years of experience in a luxury hotel environment.

Qualifications

• Minimum 3 years of experience in revenue management, preferably in a luxury or resort hotel.
• Knowledge of hotel financial statements and budgeting processes.
• Understanding of market segmentation and demand forecasting techniques.

Responsibilities

• Develop and implement revenue strategies to increase hotel profitability.
• Analyze market trends and competition to identify opportunities.
• Monitor demand patterns and adjust inventory levels.

Skills

Excellent communication and interpersonal skills

Strong analytical skills

Proficient in Microsoft Office

Knowledge of revenue management systems

Service-oriented communication

Education

Bachelor's degree in Hotel Management

Job description

As the Revenue Manager, you will be responsible for developing and implementing revenue strategies to maximize the profitability of the hotel. You will work closely with the sales, marketing, and reservations teams to forecast demand, set pricing strategies, and optimize inventory to drive revenue growth.

What you will be doing:

1. Develop and implement revenue strategies to increase hotel profitability.
2. Analyze market trends and competition to identify revenue growth opportunities.
3. Collaborate with sales and marketing teams to develop pricing strategies for rooms, packages, and promotions.
4. Monitor demand patterns and adjust inventory levels to optimize revenue and occupancy.
5. Conduct regular revenue meetings with hotel management, providing insights and recommendations on revenue performance.
6. Develop and maintain accurate revenue forecasts to support budgeting and financial planning.
7. Manage distribution channels to ensure rate parity and maximize revenue.
8. Work with reservations to optimize yield and manage room inventory.
9. Monitor KPIs related to revenue and occupancy, adjusting strategies as needed.
10. Ensure compliance with hotel pricing policies and revenue management best practices.

Qualifications:

• Excellent communication and interpersonal skills.
• Service-oriented with effective communication across all levels of authority.
• Strategic thinker capable of developing innovative revenue strategies.
• Strong analytical skills to analyze data and trends.
• Proficient in Microsoft Office, especially Excel, and other analytical tools.
• Knowledge of revenue management systems, hotel reservation systems, and distribution channels.
• Understanding of market segmentation and demand forecasting techniques.
• Knowledge of hotel financial statements and budgeting processes.
• Highly organized, able to work in a fast-paced environment, managing multiple projects.

Education:

• Bachelor's degree in Hotel Management, Accounting, Finance, Mathematics, or Business Management preferred.

Experience:

• Minimum 3 years of progressive experience in revenue management, preferably in a luxury or resort hotel environment. Destination resort experience is highly preferred.

Additional Information:

Why work for Accor? Discover a world where life pulses with passion! Join the Accor Group, an ecosystem of over 45 brands, 5600 hotels, 10000 restaurants, and lifestyle places that welcome you. Your personality is valued, and your growth opportunities are limitless. Every action you take positively impacts our customers, colleagues, and the planet, pioneering responsible hospitality.

Remote Work: Employment Type: Full-time

Key Skills:

ASC 606, Hotel & Hospitality Experience, GAAP, Accounting, Revenue Management, Pricing, Analysis Skills, Salesforce, SOX, ERP Systems, NetSuite

Vacancy: 1