Revenue Manager

AccorHotel; Krugersdorp; On-site; ZAR 400,000 - 600,000; Full time

Job summary

AccorHotel is looking for a Revenue Manager in Krugersdorp. In this role, you will develop and implement strategies to maximize profitability, analyze market trends, and monitor demand patterns to drive revenue growth. The ideal candidate has a strong background in revenue management, exceptional analytical skills, and a degree in a related field. Join a global leader in the hospitality industry where your contributions will be valued.

Qualifications

• Minimum 3 years of experience in revenue management, preferably in luxury or resort hotels.
• Proficient in Microsoft Office with emphasis on Excel and analytical tools.
• Strong analytical skills to analyze data and trends.

Responsibilities

• Develop and implement revenue strategies to maximize hotel profitability.
• Analyze market trends and competition for revenue growth opportunities.
• Monitor demand patterns; adjust inventory levels to optimize revenue.

Skills

Communication

Analytical Skills

Strategic Thinking

Interpersonal Skills

Organizational Skills

Education

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

Tools

Microsoft Excel

Revenue Management Systems

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 :

• 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.

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Revenue Manager • Krugersdorp, Gauteng, South Africa