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Revenue Manager

Early Applicant
  • 9 hours ago
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Job Description

  • Gather and analyse competitive intelligence to derive insights about the competitive environment and business trends to improve competitive decision-making and further the marketing objectives.
  • Assist in analysing the demand forecast for the property and produce an accurate financial forecast for the property regularly.
  • To manage room inventory and rate categories with the objective of yield maximisation for the Hotel.
  • Directly responsible for managing distribution channels and revenue per available room (REVPAR) performance of the transient segment and all dynamic rates and achieving budgeted targets.
  • Minimize rate parity issues across all channels and provide solutions to prevent wholesale/static rates from flowing into OTA and other business segment
  • To assist in driving online business directly to the Hotel Brand website.
  • Participate in planning and developing programs for attracting and retaining customers based on short and long-term analysis of market conditions and hotel needs.
  • Analyse market and competitor trends and key performance metrics and propose strategies and tactics accordingly
  • To work with sales and reservations to achieve optimal distribution channels, synergy, and cross-sell purposes.
  • To ensure daily communication between Reservations and Front Office colleagues regarding inventory, short-term sell strategies, Group arrivals, rate changes and sell-out strategies.

More Info

Industry:Other

Function:Hospitality

Job Type:Permanent Job

Date Posted: 25/11/2024

Job ID: 101425453

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Last Updated: 25-11-2024 07:45:30 PM