7 Senior Revenue Manager Luxury Hospitality jobs in whatjobs
Senior Revenue Manager, Luxury Hospitality
Posted 20 days ago
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Job Description
Key Responsibilities:
- Develop and implement dynamic pricing and inventory management strategies to maximize revenue.
- Conduct thorough market analysis, competitor benchmarking, and demand forecasting.
- Optimize room rates and availability across all distribution channels, including OTAs, GDS, and direct bookings.
- Collaborate with sales, marketing, and operations teams to align revenue strategies with overall business objectives.
- Analyze booking patterns, market trends, and competitor activities to identify opportunities and threats.
- Implement yield management techniques to adjust pricing and inventory based on demand fluctuations.
- Prepare regular revenue performance reports and present findings to senior leadership.
- Identify and implement strategies to improve RevPAR (Revenue Per Available Room) and GOPPAR (Gross Operating Profit Per Available Room).
- Manage relationships with third-party distribution partners.
- Stay abreast of the latest revenue management technologies and best practices.
- This fully remote role requires exceptional leadership, communication, and problem-solving skills. You must be adept at working independently and collaborating effectively within a distributed team. A strong understanding of hotel operations and experience with revenue management systems (RMS) are essential. Join our client in elevating their revenue performance, virtually contributing from **Mlolongo, Machakos, KE**, and beyond.
Senior Revenue Manager - Luxury Hospitality
Posted 20 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and execute dynamic pricing and inventory strategies to optimize occupancy and average daily rate (ADR).
- Conduct comprehensive market analysis, competitor benchmarking, and demand forecasting.
- Implement and manage revenue management systems and tools to track performance and identify opportunities.
- Collaborate with sales, marketing, and operations teams to align revenue strategies with overall business goals.
- Prepare regular performance reports, including key metrics like RevPAR, occupancy, and ADR, for senior management.
- Identify opportunities for ancillary revenue generation and implement strategies to capitalize on them.
- Manage the distribution channel mix to ensure optimal reach and profitability.
- Provide training and guidance to property-level teams on revenue management best practices.
- Stay informed about industry trends, economic factors, and changes in the competitive landscape that may impact revenue.
- Conduct regular audits of pricing, availability, and competitor data.
- Develop and refine forecasting models to accurately predict future demand.
- Contribute to the strategic planning process for new market entries or property developments.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field.
- Minimum of 5 years of progressive experience in revenue management within the hotel or luxury hospitality sector.
- Proven success in developing and implementing effective revenue management strategies.
- Strong analytical and quantitative skills, with proficiency in data analysis and statistical modeling.
- Expertise in using revenue management software (e.g., IDeaS, Duetto, SynXis) and other hospitality analytics tools.
- Excellent understanding of distribution channels, including OTAs, GDS, and direct bookings.
- Strong communication, presentation, and interpersonal skills.
- Ability to work independently, manage multiple properties remotely, and meet strict deadlines.
- Proactive, results-oriented, and possess a keen eye for detail.
- Knowledge of budgeting and financial P&L management is a plus.
We are looking for a strategic thinker who can excel in a remote-first environment, optimizing revenue streams for prestigious properties worldwide. Your ability to analyze market dynamics and implement sophisticated pricing strategies will be paramount. This role offers the chance to make a substantial impact on financial performance through expert revenue management.
Senior Revenue Manager - Luxury Hospitality
Posted 12 days ago
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Job Description
Senior Revenue Manager - Luxury Hospitality
Posted 6 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and execute comprehensive revenue management strategies to maximize occupancy and profitability across multiple properties.
- Conduct daily analysis of occupancy, pricing, and market trends to adjust strategies as needed.
- Implement dynamic pricing strategies based on demand, seasonality, competitor pricing, and market conditions.
- Manage room inventory across all distribution channels, ensuring optimal availability and rate parity.
- Forecast demand accurately for short-term and long-term planning horizons.
- Develop and implement effective promotional offers and packages in collaboration with sales and marketing teams.
- Analyze performance data, identify areas for improvement, and provide actionable recommendations to senior management.
- Oversee and train revenue management teams in various locations, ensuring consistent application of best practices.
- Stay informed about industry best practices, emerging technologies, and competitor activities.
- Prepare regular performance reports and present findings and strategies to executive leadership.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field.
- Minimum of 5 years of progressive experience in revenue management within the hotel or hospitality industry, with a focus on luxury properties.
- Proven track record of successfully increasing revenue and profitability through effective revenue management strategies.
- In-depth knowledge of revenue management principles, forecasting techniques, and pricing strategies.
- Proficiency with industry-standard Property Management Systems (PMS) and Revenue Management Systems (RMS) such as Opera, IDeaS, or similar.
- Strong analytical and quantitative skills, with the ability to interpret complex data sets.
- Excellent communication, presentation, and interpersonal skills, with the ability to collaborate effectively in a remote setting.
- Leadership experience and the ability to guide and motivate teams remotely.
- Strategic thinking and problem-solving abilities.
- High level of integrity and attention to detail.
Senior Revenue Manager - Luxury Hospitality
Posted 6 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and implement dynamic pricing and inventory management strategies across all distribution channels to maximize room revenue and profitability.
- Conduct comprehensive market analysis, competitor research, and demand forecasting to inform strategic decisions.
- Oversee the implementation of revenue management best practices and systems, ensuring consistency across properties.
- Collaborate with Sales, Marketing, and Operations teams to align revenue strategies with overall business objectives.
- Analyze key performance indicators (KPIs) and generate regular reports on revenue performance, identifying trends and opportunities for improvement.
- Manage and optimize relationships with online travel agencies (OTAs) and other distribution partners.
- Develop and deliver training programs to on-site teams on revenue management principles and tools.
- Stay abreast of industry trends, technological advancements, and emerging market opportunities.
- Identify opportunities for upselling and cross-selling to enhance guest experience and revenue.
- Proactively identify and address any potential revenue risks or challenges.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field. Master's degree preferred.
- Minimum of 6 years of progressive experience in revenue management within the luxury hotel sector.
- Demonstrated success in driving revenue growth and market share.
- Expertise in revenue management software, property management systems (PMS), and channel managers.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent understanding of pricing strategies, demand forecasting, and market segmentation.
- Exceptional communication, negotiation, and interpersonal skills, with the ability to influence stakeholders at various levels.
- Proven ability to work independently and manage multiple projects effectively in a remote environment.
- Fluency in English; additional languages are a plus.
Senior Revenue Manager, Luxury Hospitality
Posted 4 days ago
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Job Description
- Developing and implementing comprehensive revenue management strategies to maximize revenue and market share.
- Forecasting room demand, occupancy, and ADR based on historical data, market trends, and competitive analysis.
- Setting room rates and managing inventory across all distribution channels (OTA, GDS, direct bookings).
- Conducting regular market analysis and competitor benchmarking to identify opportunities and threats.
- Collaborating with sales, marketing, and operations teams to align revenue strategies with overall business goals.
- Analyzing performance data and generating insightful reports on key revenue metrics.
- Implementing and optimizing the use of revenue management systems and tools.
- Developing and executing promotional offers and packages to drive bookings.
- Ensuring optimal yield management and profitability for all properties.
- Staying abreast of industry best practices and emerging trends in revenue management.
A Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field is required. A minimum of 5-7 years of progressive experience in revenue management within the hospitality sector, preferably with luxury brands, is essential. Proven expertise in demand forecasting, pricing strategies, and yield management is mandatory. Strong analytical skills and proficiency in revenue management software (e.g., IDeaS, Duetto) and MS Excel are required. Excellent communication, presentation, and interpersonal skills are crucial for collaborating with remote teams and stakeholders. This is a fully remote position, requiring excellent self-discipline, organizational skills, and the ability to work independently and proactively. If you are a strategic thinker with a passion for optimizing performance in the luxury hospitality space and thrive in a remote work environment, we invite you to apply.
Senior Revenue Manager, Luxury Hospitality
Posted 4 days ago
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