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Portfolio Revenue Manager
Job summary
A global hospitality company in Cape Town seeks a Portfolio Revenue Manager to optimize revenue strategies across multiple properties. Ideal candidates will have 1-3 years of experience in revenue management and possess strong analytical and collaboration skills. The position offers a chance to mentor junior team members while actively contributing to business goals. This role requires eligibility to work in South Africa and fluency in English.
Qualifications
- 1-3 years of experience in revenue management, preferably in a multi-property environment.
- Ability to work independently and thrive in collaborative settings.
- Strong analytical skills for strategic revenue growth.
Responsibilities
- Oversee revenue management strategies for multiple properties.
- Conduct market analysis and performance benchmarking.
- Mentor and develop junior team members.
Skills
Tools
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®.
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®.
- 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.
- 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.
This role requires:
- Fluency in English
- To be eligible to live and work in South Africa.
Diversity&Inclusionfor Accor means welcoming each and everyoneandrespecting their differences by giving priority only to qualities andskills in extending employment and development opportunities. Our ambition is toprovide meaningful employment, a warm and welcoming culture, excellentworking conditions and to promote the development ofall people, including thosewith 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.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.