2 Senior Revenue Manager Luxury Hotel Operations jobs in whatjobs
Senior Revenue Manager - Luxury Hotel Operations
Posted 20 days ago
Job Viewed
Job Description
Our client, a prestigious hotel group, is seeking a highly experienced Senior Revenue Manager to remotely oversee and optimize revenue generation for their luxury properties. This is a fully remote position, allowing you to leverage your expertise in hospitality finance and market analysis from anywhere. You will be responsible for developing and implementing strategic pricing, inventory management, and distribution strategies to maximize revenue and market share.
Responsibilities:
Responsibilities:
- Develop and implement dynamic pricing strategies across all market segments and distribution channels.
- Forecast future demand for rooms and other revenue-generating services based on historical data, market trends, and upcoming events.
- Analyze competitive pricing and market positioning to ensure optimal revenue performance.
- Manage inventory controls and room allocations to maximize occupancy and average daily rate (ADR).
- Oversee the relationship with Online Travel Agencies (OTAs) and other distribution partners, ensuring brand representation and compliance.
- Monitor key performance indicators (KPIs) such as occupancy, ADR, RevPAR, and market share, identifying areas for improvement.
- Collaborate with Sales, Marketing, and Operations teams to align revenue strategies with overall business goals.
- Conduct regular performance reviews and provide detailed reports and recommendations to senior management.
- Utilize revenue management systems (RMS) and other analytical tools to support decision-making.
- Identify opportunities for new revenue streams and ancillary services.
- Stay updated on industry best practices, emerging trends, and technological advancements in revenue management.
- Provide guidance and training to junior revenue management staff.
- Bachelor's degree in Hospitality Management, Business Administration, Finance, or a related field.
- Minimum of 7 years of progressive experience in revenue management within the luxury hospitality sector.
- Demonstrated success in developing and implementing effective revenue management strategies that have led to significant revenue growth.
- In-depth knowledge of pricing strategies, forecasting methodologies, and distribution channel management.
- Proficiency in using various Revenue Management Systems (RMS) and property management systems (PMS).
- Strong analytical, quantitative, and problem-solving skills.
- Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders.
- Strategic thinker with a results-oriented approach.
- Ability to work independently, manage multiple priorities, and thrive in a fully remote, fast-paced environment.
- Experience working with international markets and diverse guest profiles is a plus.
- Passion for the hospitality industry and a commitment to excellence.
This advertiser has chosen not to accept applicants from your region.
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Senior Revenue Manager - Luxury Hotel Operations
Posted 2 days ago
Job Viewed
Job Description
Our client, a prestigious group of luxury hotels, is seeking an experienced Senior Revenue Manager to join their dynamic team. This is a fully remote position that requires a strategic and analytical mind to maximize revenue and profitability across their portfolio. You will be responsible for developing and implementing effective revenue management strategies, forecasting demand, optimizing pricing and inventory, and collaborating with various hotel departments to achieve financial targets. The ideal candidate will possess extensive experience in the hospitality industry, a deep understanding of revenue management systems, and a proven ability to drive profitable growth.
Responsibilities:
Responsibilities:
- Develop and execute comprehensive revenue management strategies to optimize occupancy, average daily rate (ADR), and overall revenue.
- Conduct detailed market analysis, competitive benchmarking, and demand forecasting to inform pricing and inventory decisions.
- Manage and optimize room inventory across all distribution channels to maximize revenue and market share.
- Develop and implement dynamic pricing strategies based on market demand, seasonality, events, and competitor activities.
- Collaborate closely with Sales, Marketing, and Operations departments to align strategies and ensure cohesive execution.
- Monitor key performance indicators (KPIs) and prepare regular reports on revenue performance, market trends, and forecasts for senior management.
- Utilize and manage revenue management systems (RMS) and other relevant software tools to their full potential.
- Identify opportunities for revenue generation beyond room sales, such as F&B, events, and other ancillary services.
- Train and mentor junior revenue management staff (if applicable).
- Stay abreast of industry best practices, emerging trends, and new technologies in revenue management.
- Ensure effective communication and collaboration with hotel management teams.
- Bachelor's degree in Hospitality Management, Business Administration, Marketing, or a related field; Master's degree is a plus.
- Minimum of 5-7 years of progressive experience in revenue management within the luxury hospitality sector.
- Proven track record of successfully increasing revenue and profitability for hotels or hotel groups.
- In-depth knowledge of revenue management principles, forecasting techniques, and pricing strategies.
- Proficiency with major Property Management Systems (PMS) and Revenue Management Systems (RMS) such as Duetto, IDeaS, SynXis, Opera.
- Strong analytical and quantitative skills, with excellent proficiency in Excel and data analysis.
- Excellent communication, presentation, and interpersonal skills.
- Ability to work independently, manage multiple priorities, and meet deadlines in a remote setting.
- Strategic thinking and a proactive, results-oriented approach.
- Understanding of online distribution channels and their impact on revenue.
This advertiser has chosen not to accept applicants from your region.
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