7 Senior Revenue Manager Hospitality jobs in whatjobs
Senior Revenue Manager - Hospitality
Posted 20 days ago
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Job Description
Responsibilities:
- Develop and implement comprehensive revenue management strategies to maximize RevPAR and GOPPAR.
- Analyze market data, competitor pricing, and demand forecasts to set optimal pricing strategies.
- Manage room inventory across all distribution channels, including OTAs and direct bookings.
- Oversee and optimize yield management strategies to ensure the right room is sold to the right customer at the right price at the right time.
- Collaborate with sales, marketing, and operations teams to align on revenue goals and promotional campaigns.
- Utilize revenue management systems and reporting tools to track performance and identify trends.
- Conduct regular business reviews and provide strategic recommendations to senior management.
- Monitor industry trends and emerging technologies in revenue management.
- Train and mentor junior revenue management staff.
- Ensure effective implementation of promotions and special offers.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field.
- 5+ years of experience in revenue management within the hospitality industry.
- Proven track record of successfully driving revenue growth and profitability.
- In-depth knowledge of revenue management principles, pricing strategies, and forecasting techniques.
- Proficiency with hotel property management systems (PMS) and revenue management systems (RMS).
- Strong analytical, quantitative, and problem-solving skills.
- Excellent communication, presentation, and leadership abilities.
- Ability to work independently and manage multiple properties or complex assignments remotely.
Senior Revenue Manager, Hospitality
Posted 20 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and implement comprehensive revenue management strategies to maximize room revenue and profitability.
- Conduct in-depth market analysis, competitor research, and demand forecasting.
- Set optimal room rates and inventory controls across all distribution channels.
- Develop and manage promotional strategies, packages, and special offers.
- Collaborate with Sales, Marketing, and Operations teams to align revenue goals.
- Analyze daily, weekly, and monthly revenue performance against budget and forecast.
- Prepare and present detailed revenue reports and strategic recommendations to senior management.
- Optimize the utilization of the Property Management System (PMS) and Revenue Management System (RMS).
- Monitor and manage online travel agencies (OTAs) and other third-party distribution channels.
- Identify and capitalize on new revenue-generating opportunities.
- Stay current with industry trends and best practices in revenue management.
- Train and mentor junior revenue management staff (if applicable).
Senior Revenue Manager - Hospitality
Posted 20 days ago
Job Viewed
Job Description
Key Responsibilities:
- Develop and execute comprehensive revenue management strategies to optimize occupancy, average daily rate (ADR), and overall revenue performance.
- Conduct market analysis, competitor benchmarking, and demand forecasting to identify opportunities and challenges.
- Implement dynamic pricing strategies and manage inventory controls across various distribution channels.
- Analyze booking data, identify trends, and provide actionable insights to drive revenue growth.
- Collaborate with sales and marketing teams to develop promotional offers and packages.
- Oversee and manage relationships with Online Travel Agencies (OTAs) and other distribution partners.
- Monitor key performance indicators (KPIs) and generate regular reports on revenue performance.
- Implement and utilize revenue management systems (RMS) and other relevant technologies.
- Train and mentor junior revenue management staff and provide guidance to on-site teams.
- Stay informed about industry best practices, emerging trends, and new technologies in revenue management and hospitality.
- Contribute to strategic planning and decision-making related to revenue optimization.
- Ensure seamless execution of revenue management strategies across all properties/segments.
- Bachelor's degree in Hospitality Management, Business Administration, Marketing, or a related field. Master's degree is a plus.
- Minimum of 7 years of progressive experience in revenue management, preferably within the hospitality sector.
- Proven track record of successfully implementing revenue management strategies and achieving financial targets.
- In-depth knowledge of pricing strategies, demand forecasting, and inventory management principles.
- Proficiency in using revenue management software, property management systems (PMS), and data analysis tools.
- Strong analytical, problem-solving, and strategic thinking skills.
- Excellent communication, negotiation, and interpersonal skills, vital for remote collaboration.
- Ability to work independently, manage multiple projects, and thrive in a fast-paced, remote environment.
- Demonstrated leadership experience and ability to mentor teams.
- Understanding of global distribution systems (GDS) and online travel agencies (OTAs).
Senior Revenue Manager - Hospitality
Posted 15 days ago
Job Viewed
Job Description
Key Responsibilities:
- Developing and implementing dynamic pricing strategies to optimize room revenue and occupancy rates.
- Forecasting demand, identifying market trends, and analyzing competitor pricing strategies.
- Managing room inventory across various distribution channels, including Online Travel Agencies (OTAs), Global Distribution Systems (GDS), and direct bookings.
- Monitoring and analyzing key performance indicators (KPIs) such as RevPAR, ADR, and Occupancy Rate.
- Collaborating with property management and sales teams to align revenue strategies with overall business objectives.
- Implementing and managing revenue management systems and tools.
- Conducting regular performance reviews and providing actionable recommendations to stakeholders.
- Ensuring the accuracy of rate loading and availability across all booking platforms.
- Developing promotional strategies and packages to drive incremental revenue.
- Staying current with industry best practices in revenue management and hospitality trends.
- Reporting on revenue performance and market insights to senior leadership.
Qualifications:
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field.
- Minimum of 6 years of experience in revenue management, preferably within the hospitality industry (hotels, resorts).
- Proven track record of successfully increasing revenue and profitability through strategic pricing and inventory management.
- Strong analytical skills with the ability to interpret complex data and generate actionable insights.
- Proficiency in revenue management software, PMS systems, and data analysis tools.
- Deep understanding of the hospitality market, distribution channels, and consumer behavior.
- Excellent communication, presentation, and interpersonal skills.
- Ability to work independently, manage multiple properties/projects, and thrive in a remote, fast-paced environment.
- Strategic thinking and a proactive approach to problem-solving.
- Experience in forecasting and budgeting for revenue streams.
Senior Revenue Manager (Hospitality)
Posted 11 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and execute dynamic pricing and inventory management strategies.
- Analyze market trends, competitive data, and booking patterns to forecast demand.
- Optimize room rates and availability across all distribution channels.
- Collaborate with sales, marketing, and operations teams to align revenue strategies.
- Monitor and report on key revenue performance indicators (KPIs).
- Identify opportunities for incremental revenue generation and profit enhancement.
- Manage relationships with third-party distribution partners.
- Implement and maintain revenue management systems and tools.
- Provide training and guidance on revenue management best practices to hotel teams.
- Conduct regular revenue performance reviews and present findings to senior leadership.
- Stay updated on industry best practices and emerging trends in revenue management.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field. A Master's degree is a plus.
- Minimum of 5 years of experience in revenue management, with a significant focus on the hospitality sector.
- Proven experience in developing and implementing successful revenue management strategies.
- Strong analytical and quantitative skills, with proficiency in data analysis.
- Expertise in using revenue management software (e.g., IDeaS, Duetto) and reporting tools.
- Excellent understanding of hotel operations and distribution channels.
- Strong communication, presentation, and interpersonal skills.
- Ability to work independently and manage projects effectively in a remote environment.
- Demonstrated ability to drive revenue growth and profitability.
- Strategic thinking and problem-solving capabilities.
Senior Revenue Manager - Hospitality
Posted 17 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and implement dynamic pricing and inventory management strategies.
- Forecast room occupancy, revenue, and ADR with high accuracy.
- Analyze market trends, competitor performance, and customer demand.
- Optimize revenue across all distribution channels, including OTAs and direct bookings.
- Manage group sales and event revenue in coordination with relevant departments.
- Develop and execute promotional offers and packages.
- Prepare regular reports on revenue performance and market insights.
- Collaborate with sales, marketing, and operations teams to align strategies.
- Identify opportunities for upselling and cross-selling.
- Monitor and manage online reputation and guest feedback related to pricing and availability.
- Stay abreast of industry best practices and new technologies in revenue management.
Qualifications:
- Bachelor's degree in Hospitality Management, Business Administration, Marketing, or a related field.
- Minimum of 7 years of progressive experience in revenue management within the hospitality industry.
- Proven track record of successfully increasing revenue and profitability.
- Expertise in hotel property management systems (PMS) and revenue management software.
- Strong analytical skills with proficiency in data analysis and reporting tools.
- In-depth knowledge of pricing strategies, forecasting, and yield management.
- Excellent understanding of online distribution channels and digital marketing in hospitality.
- Strong leadership, communication, and interpersonal skills.
- Ability to work independently and manage multiple properties in a remote setting.
- Strategic thinking and problem-solving capabilities.
Senior Revenue Manager - Hospitality
Posted 1 day ago
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Job Description
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