Revenue Manager
1 week ago
Roles and Responsibilities:
- Assist in preparing the annual revenue budget and business plan that maximizes the Group Hotels' revenue and profitability;
- Work closely with the Group Director of Revenue and Distribution in determining appropriate pricing strategies and distribution channels for the Group Hotels;
- Optimize revenue by setting and effective management of room rates and inventory;
- Track competitive pricing and keep abreast of the latest market trend and competitors' performance;
- Analyze Hotels' revenue statistics, market trends and competitors' performance to forecast demand, identify revenue opportunities, and implement / adjust pricing and inventory strategies;
- Prepare revenue reports for performance analysis, provide insights on market demand and trends as well as to identify areas for improvement;
- Actively manage the relationship with third party online intermediaries especially OTAs and Regional Travel Agents;
- Ensure that the Hotels' position in the distribution channels is consistent with the Hotels' revenue and sales strategies, includes conducting rate and availability audits;
- Work closely with the Sales and Marketing team in identifying soft periods and developing promotions and strategies;
- Assist in team supervision;
Requirements:
- Bachelor's degree or Diploma in Hospitality Management, Business Management, or related disciplines is preferred;
- Minimum 5 – 7 years of hotel revenue management experience;
- Excellent understanding of revenue management principles, market and pricing dynamics;
- Strong analytical and numerical skills with the ability to identify revenue opportunities and respond promptly;
- Detail-oriented with the ability to present ideas and strategies in a clear and concise manner;
- Ability to meet tight deadlines with strong multitasking skills;
- Excellent communication and interpersonal skills;
- Proficiency in MS Office and revenue management systems and tools;
- Good communication skills in both English and Chinese including Putonghua is an added advantage.
Mid-Senior level
Employment typeFull-time
Job functionAccounting/Auditing and Finance
IndustriesHospitality
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