2 Senior Hospitality Revenue Manager jobs in whatjobs
Senior Hospitality Revenue Manager
Posted 23 days ago
Job Viewed
Job Description
Our client, a distinguished and expanding group of boutique hotels and resorts, is seeking an experienced and strategic Senior Hospitality Revenue Manager to join their fully remote corporate team. This pivotal role is responsible for maximizing revenue and profitability across the group's properties by optimizing pricing, inventory, and demand strategies. The ideal candidate will possess a deep understanding of the hospitality industry, advanced analytical skills, and a proven ability to drive revenue growth in a remote capacity. You will be instrumental in forecasting demand, analyzing market trends, and implementing dynamic pricing strategies to capture the greatest market share and optimize RevPAR.
Key Responsibilities:
Key Responsibilities:
- Develop and implement comprehensive revenue management strategies for multiple hotel properties.
- Analyze market data, competitor pricing, and historical trends to forecast demand accurately.
- Optimize room pricing and inventory distribution across all channels (GDS, OTA, direct bookings).
- Implement dynamic pricing models based on demand, seasonality, and events.
- Monitor and analyze key revenue metrics, including RevPAR, ADR, and occupancy rates.
- Collaborate closely with sales, marketing, and operations teams to align revenue strategies with business objectives.
- Develop promotional offers and packages to drive incremental revenue.
- Conduct regular performance reviews of each property and provide actionable recommendations.
- Manage relationships with online travel agencies (OTAs) and other distribution partners.
- Stay abreast of industry trends, new technologies, and best practices in revenue management.
- Develop and deliver training programs on revenue management principles to property teams.
- Create and maintain robust reporting dashboards to track performance and inform decision-making.
- Identify opportunities for new revenue streams beyond room sales.
- Ensure effective management of room inventory to prevent overbooking and maximize availability.
- Contribute to strategic planning and budget development for the group.
- Bachelor's degree in Hospitality Management, Business Administration, Finance, or a related field.
- Advanced degree or professional certification in Revenue Management is highly desirable.
- Minimum of 6 years of progressive experience in hospitality revenue management, with experience managing multiple properties.
- Proven track record of successfully increasing RevPAR and profitability.
- Strong analytical, quantitative, and problem-solving skills.
- Proficiency in revenue management systems (e.g., IDeaS, Duetto) and GDS/PMS systems.
- Excellent understanding of distribution channels and online travel agencies (OTAs).
- Strong communication, presentation, and interpersonal skills.
- Ability to work independently, manage multiple priorities, and thrive in a remote, fast-paced environment.
- Strategic thinker with a results-oriented approach.
- Knowledge of market dynamics and competitive landscapes.
This advertiser has chosen not to accept applicants from your region.
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Senior Hospitality Revenue Manager
Posted today
Job Viewed
Job Description
Our client is seeking a highly analytical and strategic Senior Hospitality Revenue Manager to optimize revenue generation across their diverse portfolio of properties. This hybrid role requires a blend of on-site collaboration and remote work flexibility. You will be responsible for developing and implementing dynamic pricing strategies, forecasting demand, managing inventory across multiple channels, and analyzing market trends to maximize profitability. The ideal candidate possesses a deep understanding of the hospitality industry, exceptional quantitative skills, and a proven track record in revenue management.
Responsibilities:
Responsibilities:
- Develop and execute comprehensive revenue management strategies to drive occupancy and average daily rate (ADR).
- Conduct thorough market analysis, competitor benchmarking, and demand forecasting.
- Implement and manage dynamic pricing strategies across all distribution channels, including OTAs, GDS, and direct bookings.
- Optimize room inventory allocation and manage booking pace to achieve revenue targets.
- Collaborate with Sales, Marketing, and Operations teams to align strategies and drive incremental revenue.
- Utilize revenue management systems (RMS) and data analytics tools to identify trends and opportunities.
- Prepare regular reports and presentations on revenue performance, market insights, and strategic recommendations.
- Oversee the management of promotional offers and packages to enhance revenue.
- Monitor and analyze customer booking behavior and adjust strategies accordingly.
- Stay updated on industry best practices, emerging technologies, and competitive landscape.
- Train and mentor junior revenue management staff.
- Ensure all pricing and inventory decisions comply with brand standards and company policies.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field. Master's degree is a plus.
- Minimum of 6 years of progressive experience in revenue management within the hotel or broader hospitality sector.
- Proven expertise in pricing strategies, demand forecasting, and inventory management.
- Proficiency with various Revenue Management Systems (RMS) (e.g., IDeaS, Duetto) and PMS systems.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent understanding of distribution channels and their impact on revenue.
- Exceptional communication, presentation, and interpersonal skills.
- Ability to work effectively both independently and as part of a team in a hybrid work environment.
- Strong financial acumen and understanding of key hospitality KPIs.
- Demonstrated ability to lead and inspire a team.
- Experience with luxury or boutique hotel segments is advantageous.
This advertiser has chosen not to accept applicants from your region.
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