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Hn/hcm - Revenue Manager
2 weeks ago
JOB BENEFIT
- Insurance
- Travel opportunities
- Incentive bonus
- Health checkup
- Training & Development
- Salary review
- Oversee revenue management and distribution strategy of the hotel and manage day to day yield operations;
- Daily pickup analysis, strategy adjustments and reporting;
- Perform competitive benchmark studies and follow market trends;
- Create and maintain a 06 month rolling demand calendar;
- Create and develop pricing strategies in conjunction with the individuality of each hotel;
- Provide weekly dynamic forecast of expected results, variances and budget comparisons;
- Manage and oversee strategy for all 3rd party distribution;
- Responsible for assessing, analyzing and pricing group and retreat business strategies;
- Analyze overall monthly hotel performance and provide summary report with recommendations to improve long term strategies;
- Ensure all related systems are configured correctly, validated and working to full capacity;
- Oversee and audit the standards and operations of the reservations department;
- Ensure web site booking process is maintained uptodate and functional;
- Ensure hotel personnel is fully competent in the use of all systems;
- Work in liaison with hotel sales and reservations departments as a team;
- Regularly check the input and the quality of data (segmentation, denials tracking, etc ) points;
- Conduct quarterly property performance review and develop strategic and tactical action;
- Responsible for best practice standards to include: competitor analysis; environmental scanning; market modeling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concepts;
- Evaluate performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc );
- Reduce the cost of distribution by finding new less expensive means of delivering business;
- Prepare outline for and support the annual revenue budget process;
- Inspire Hotel's HODs to further embed a revenue management culture;
- Advice and coach the client in other operational areas;
- Perform all other duties as may be assigned by the General Manager or Management.
JOB REQUIREMENT
- Degree in Business Administration, Hotel Management, Economics
- Finance
- Accounting;
- At least 2 years of experience in Revenue Management;
- Fluent in English, computer literate;
- Good planning, organization and negotiation skills;
- Able to cope with pressure.
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