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Market Rate Specialist

1 week ago

Hong Kong, Central and Western District, Hong Kong SAR China Butterfly Hospitality Group Full time
About the Role

We are seeking an experienced Revenue Manager to join our team at Butterfly Hospitality Group. As a key member of the revenue management team, you will play a critical role in driving hotel revenue and profitability.

Key Accountabilities
  • Budgeting and Forecasting: Develop and implement effective budgeting and forecasting strategies to maximize revenue and profitability.
  • Pricing Strategy: Collaborate with the Group Director of Revenue and Distribution to determine pricing strategies and distribution channels for the group hotels.
  • Revenue Optimization: Optimize revenue by setting and effectively managing room rates and inventory.
  • Competitive Intelligence: Monitor competitive pricing and stay up-to-date with the latest market trends and competitors' performance.
  • Reporting and Insights: Provide regular revenue reports and insights on market demand and trends to support business decision-making.
Qualifications
  • Bachelor's degree or diploma in hospitality management, business management, or related disciplines.
  • Minimum 5-7 years of hotel revenue management experience.
  • Strong analytical and numerical skills with the ability to analyze data and identify revenue opportunities.
  • Excellent communication and interpersonal skills; proficiency in MS Office and revenue management systems and tools.