2 Revenue Manager Hospitality jobs in whatjobs
Revenue Manager - Hospitality
Posted 19 days ago
Job Viewed
Job Description
Our client, a prestigious hospitality group known for its exceptional guest experiences and high standards, is seeking a strategic and analytical Revenue Manager. This is a fully remote position, allowing you to contribute to the success of their properties from anywhere. The ideal candidate will have a deep understanding of revenue management principles, pricing strategies, and market analysis within the hotel industry. You will be responsible for maximizing revenue and profitability by forecasting demand, optimizing pricing and inventory, and implementing effective revenue management strategies across multiple properties. Your expertise will be crucial in driving financial performance and maintaining a competitive edge.
Key Responsibilities:
Key Responsibilities:
- Develop and implement effective pricing and inventory management strategies to optimize revenue across all distribution channels.
- Forecast demand accurately for all room types and market segments.
- Analyze market trends, competitor pricing, and historical data to identify opportunities and risks.
- Collaborate with sales, marketing, and operations teams to align revenue strategies with overall business objectives.
- Develop and manage the annual revenue budget.
- Monitor key performance indicators (KPIs) and provide regular reports on revenue performance, occupancy, and average daily rate (ADR).
- Implement and manage revenue management systems and tools.
- Conduct regular business reviews to assess strategy effectiveness and identify areas for improvement.
- Ensure optimal room inventory and pricing across all online travel agencies (OTAs) and direct booking channels.
- Stay abreast of industry best practices and emerging trends in revenue management.
- Bachelor's degree in Hospitality Management, Business Administration, Finance, or a related field.
- Minimum of 5 years of experience in revenue management within the hotel industry.
- Proven track record of successfully increasing revenue and profitability for hotels.
- Strong understanding of revenue management systems (e.g., IDeaS, Duetto) and property management systems (PMS).
- Excellent analytical, forecasting, and problem-solving skills.
- Proficiency in data analysis and reporting tools.
- Strong communication and interpersonal skills, with the ability to influence stakeholders.
- Ability to work independently and manage multiple properties from a remote setting.
- Strategic thinker with a proactive and results-oriented approach.
- Knowledge of the Kenyan hospitality market is a plus.
This advertiser has chosen not to accept applicants from your region.
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Revenue Manager - Hospitality
Posted 18 days ago
Job Viewed
Job Description
Our client, a prestigious hospitality group, is seeking a strategic and analytical Revenue Manager to join their fully remote team. This role is pivotal in maximizing revenue and profitability across a portfolio of properties by developing and implementing effective pricing and inventory management strategies. You will be responsible for forecasting demand, setting optimal pricing for rooms and services, managing distribution channels, and analyzing competitor pricing and market trends. Your duties will include overseeing the revenue management system, ensuring data accuracy, and generating insightful reports to guide decision-making. You will collaborate closely with sales, marketing, and operations departments to align revenue strategies with overall business goals. The ideal candidate will possess a deep understanding of the hospitality industry, particularly in revenue management principles, forecasting techniques, and distribution strategies. Strong analytical skills, proficiency with revenue management software, and excellent communication abilities are essential for this remote position. You must be proactive, self-motivated, and adept at managing complex data sets to identify revenue opportunities and mitigate risks. This role offers the flexibility to work from anywhere, contributing to the success of our client's operations in **Malindi, Kilifi, KE**, and other locations.
Key Responsibilities:
Key Responsibilities:
- Develop and implement comprehensive revenue management strategies to optimize occupancy and average daily rate (ADR).
- Forecast demand for rooms and services accurately based on historical data, market trends, and events.
- Set and manage dynamic pricing strategies across all distribution channels.
- Analyze competitor pricing, market conditions, and booking pace to adjust strategies accordingly.
- Oversee the management of inventory and booking channels to prevent overbooking and maximize revenue.
- Collaborate with sales and marketing teams to develop promotional offers and packages.
- Prepare regular reports on key revenue metrics, including RevPAR, occupancy, ADR, and market share.
- Identify opportunities for revenue enhancement and cost optimization.
- Ensure the effective use of the Property Management System (PMS) and Revenue Management System (RMS).
- Stay abreast of industry best practices and emerging trends in revenue management.
- Bachelor's degree in Hospitality Management, Business Administration, Finance, or a related field.
- Minimum of 5 years of experience in revenue management, preferably within the hospitality sector.
- Proven track record of successfully increasing revenue and profitability.
- Strong analytical and quantitative skills, with the ability to interpret complex data.
- Proficiency with revenue management software (e.g., Duetto, IDeaS) and PMS systems.
- Excellent understanding of hotel operations, distribution channels, and market dynamics.
- Strong communication, presentation, and interpersonal skills.
- Ability to work independently, manage multiple priorities, and meet deadlines in a remote setting.
- Proactive problem-solving approach and strategic thinking.
This advertiser has chosen not to accept applicants from your region.
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