The Revenue Manager is responsible for maximizing total hotel revenue through strategic pricing analysis, inventory control, and the implementation of effective revenue management strategies. The primary objective is to optimize the hotel's profitability by managing market segmentation, demand forecasting, inventory availability, and strategic partnerships with distribution channels.
Key Responsibilities:
Develop and implement short-, medium-, and long-term revenue strategies to maximize revenue and profitability.
Analyze historical data, current demand, and market trends to forecast occupancy and set dynamic pricing.
Manage the revenue management system (RMS) and electronic distribution channels (OTAs, GDS, website, etc.).
Prepare weekly, monthly, and quarterly performance reports (RevPAR, ADR, OCC, etc.) and present insights and recommendations to management.
Collaborate closely with the sales, marketing, and reservations teams to align strategies and optimize outcomes.
Ensure accurate implementation of rates and restrictions across all systems (PMS, RMS, CRS, Channel Manager).
Monitor competitor performance and pricing (benchmarking) and adjust strategies based on market conditions.
Actively participate in commercial strategy meetings, forecasting, and annual budgeting.
Position Requirements:
What's in it for you...
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