Revenue Manager

Responsibilities

• Develop and implement revenue strategies for the hotel
• Monitor competitor pricing and market trends to adjust strategies.
• Implement clear and transparent pricing policies
• 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 centres 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 sales and marketing, front office and reservation team to promote, support and achieve revenue goals.
• 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.
• Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel.

Job Requirements

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