Revenue Manager

1 week ago


Hong Kong Island, Hong Kong SAR China Butterfly Hospitality Group Full time

Roles and Responsibilities:

  1. Assist in preparing the annual revenue budget and business plan that maximizes the Group Hotels' revenue and profitability;
  2. Work closely with the Group Director of Revenue and Distribution in determining appropriate pricing strategies and distribution channels for the Group Hotels;
  3. Optimize revenue by setting and effective management of room rates and inventory;
  4. Track competitive pricing and keep abreast of the latest market trend and competitors' performance;
  5. Analyze Hotels' revenue statistics, market trends and competitors' performance to forecast demand, identify revenue opportunities, and implement / adjust pricing and inventory strategies;
  6. Prepare revenue reports for performance analysis, provide insights on market demand and trends as well as to identify areas for improvement;
  7. Actively manage the relationship with third party online intermediaries especially OTAs and Regional Travel Agents;
  8. Ensure that the Hotels' position in the distribution channels is consistent with the Hotels' revenue and sales strategies, includes conducting rate and availability audits;
  9. Work closely with the Sales and Marketing team in identifying soft periods and developing promotions and strategies;
  10. Assist in team supervision;

Requirements:

  1. Bachelor's degree or Diploma in Hospitality Management, Business Management, or related disciplines is preferred;
  2. Minimum 5 – 7 years of hotel revenue management experience;
  3. Excellent understanding of revenue management principles, market and pricing dynamics;
  4. Strong analytical and numerical skills with the ability to identify revenue opportunities and respond promptly;
  5. Detail-oriented with the ability to present ideas and strategies in a clear and concise manner;
  6. Ability to meet tight deadlines with strong multitasking skills;
  7. Excellent communication and interpersonal skills;
  8. Proficiency in MS Office and revenue management systems and tools;
  9. Good communication skills in both English and Chinese including Putonghua is an added advantage.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Hospitality

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