Revenue Manager
1 week ago
Property
Implement and support company pricing, market strategy, yield, distribution & selling strategies, and revenue management best practices. Manage hotel revenue generation & maximization through full utilization of company systems, business processes and specifications.
DUTIES & RESPONSIBILITIES:
* Works closely with the Regional Director of Revenue Management, hotel sales and hotel management to establish and implement pricing, yield, and selling strategies for the hotel, based on market factors and company guidelines.
* Conduct a weekly Revenue Management Meeting where the current 120-day booking period is evaluated for proper rate and availability control.
* Prepare all reports and analyses necessary to conduct the above-stated meeting.
* Receive all definite and tentative group bookings and provide the General Manager with qualified analysis of how each booking will impact occupancy, average rate, and rooms profit over the dates in question. Review and approve all group proposals with Sales and/or General Manager. Collaborate with Sales Department on group rates.
* Explore and provide variations in the market mix which would stimulate additional revenue without increasing costs.
* Work closely with the Director of Sales & Marketing and teh Director of Rooms to ensure their departmental objectives and responsibilities are met without having a negative impact on total rooms revenue management. This is with special attention to Corporate Marketing Programs, Special Promotions, Local Volume Accounts, Corporate Negotiated Accounts.
* Establish hotel pricing levels in all segments.
* Responsible for the daily room inventory management process. Actively monitor group blocks to determine rooms availability for sale.
* Monitor competitor strategies and data; maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management.
Qualifications
2 years of hotel supervisor or management experience mandatory
Bachelors degree in Hotel Administration or Business Administration and plus
Must speak English. Additional language is a plus
Knowledge of Opera, Dataweb, Resaweb a plus
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