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Is responsible for the analysis of revenue, profit, and demand associated with the participating hotels’ rooms and function space inventory. Assists for preparation of forecasts (budgets and projections) and critiques of sales strategy effectiveness. Develops/ utilizes analytical tools and systems toward the goal of maximizing total hotel revenue and profit. Is responsible for managing rooms and function space inventory; ensures that the inventory is allocated and restricted properly in order to maximize total hotel revenues and profits. Ensures that all rates, packages, eChannels and hotel sales strategy information is built in the hotel’s inventory systems.
Job Responsibility:
Is responsible for the analysis of revenue, profit, and demand associated with the participating hotels’ rooms and function space inventory
Assists for preparation of forecasts (budgets and projections) and critiques of sales strategy effectiveness
Develops/ utilizes analytical tools and systems toward the goal of maximizing total hotel revenue and profit
Is responsible for managing rooms and function space inventory
ensures that the inventory is allocated and restricted properly in order to maximize total hotel revenues and profits
Ensures that all rates, packages, eChannels and hotel sales strategy information is built in the hotel’s inventory systems
Prepares forecasts of revenue, profit, demand and occupancy for rooms and function space
Prepares and is accountable for sales strategy critiques
Manages all revenue, profit, and demand data associated with rooms and function space
Prepares revenue and profit opportunity analysis
Manages room authorizations, rates and restrictions (e.g., group ceiling maintenance, forecast book maintenance, etc.)
Manages function space authorizations, restrictions, and rental
Utilizes Marriott’s Revenue Mgt. systems and tools to ensure that revenue and profit are maximized
Serves as an inventory and restriction expert to person performing the business evaluation and revenue analysis functions
Ensures that the hotel’s sales strategies are effectively implemented in the inventory systems
Is accountable for weekly rooms and function space forecasts
Proactively develops constructive and cooperative working relationships with stakeholders, and maintains them over time
Acts as a liaison, when necessary, between property and regional/ corporate systems support
Informs and/ or updates the executives, the peers and the subordinates on relevant information in a timely manner
Requirements:
A degree in a relevant business discipline preferred or demonstration of equivalent work experience
Proficiency in Korean (spoken and written) is required