Revenue Manager

FAIRMONT; Krugersdorp; On-site; ZAR 500,000 - 650,000; Full time

Job summary

A luxury wellness destination near Johannesburg is seeking an experienced Revenue Manager to develop and implement strategies to maximize profitability. The ideal candidate has over 3 years in revenue management within luxury settings, excellent communication skills, and proficiency in analytical tools. This role offers a dynamic atmosphere with opportunities for growth.

Qualifications

• 3+ years of experience in revenue management in a luxury hotel environment.
• Ability to develop innovative revenue strategies.
• Understanding of hotel financial statements and budgeting processes.

Responsibilities

• Develop and implement revenue strategies to increase hotel profitability.
• Analyze market trends and competition for revenue growth opportunities.
• Monitor demand patterns to optimize revenue and occupancy.

Skills

Excellent communication and interpersonal skills

Service-oriented

Strategic thinking

Strong analytical skills

Proficient in Microsoft Office

Knowledge of revenue management systems

Knowledge of market segmentation

Education

Bachelor's degree in Hotel Management or related field

Tools

Microsoft Excel

Revenue management systems

Job description

Overview

Vivari Hotel and Spa is a luxury wellness destination offering world-class hospitality, rejuvenating spa treatments, and a serene escape just outside Johannesburg. We are dedicated to providing exceptional guest experiences in a tranquil, nature-inspired setting.

Responsibilities

• Develop and implement revenue strategies to increase profitability of the hotel
• Analyse market trends and competition to identify opportunities for revenue growth
• Work with the sales and marketing teams to develop pricing strategies for room rates, packages, and promotions
• Monitor demand patterns and adjust inventory levels to optimize revenue and occupancy
• Conduct regular revenue meetings with hotel management and provide insights and recommendations on revenue performance
• Develop and maintain accurate revenue forecasts to support budgeting and financial planning
• Monitor and manage distribution channels to ensure rate parity and maximize revenue
• Collaborate with the reservations team to optimize yield and manage room inventory
• Monitor and analyse key performance indicators (KPIs) related to revenue and occupancy, and adjust strategies as needed
• Ensure compliance with hotel pricing policies and revenue management best practices

Qualifications

• Excellent communication and interpersonal skills
• Must be service oriented and capable of communicating effectively with persons involved in all levels of authority, both internally and externally.
• Ability to think strategically and develop innovative revenue strategies
• Strong analytical skills and ability to analyze data and trends
• Proficient in Microsoft Office, with an emphasis on Excel and other analytical tools
• Knowledge of revenue management systems, hotel reservations systems, and distribution channels
• Knowledge of market segmentation and demand forecasting techniques
• Understanding of hotel financial statements and budgeting processes
• Highly organized with the ability to work in a fast-paced environment and manage multiple projects simultaneously

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 within a luxury or resort hotel environment. Experience in destination resorts strongly 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, 5,600 hotels, 10,000 restaurants and lifestyle places, that welcome you. With us, your personality is valued, your opportunities for growth know no boundaries. Every action you take has a positive and memorable impact on the experience of our customers, your colleagues, and also, on the planet, contributing to pioneering the art of responsible hospitality.