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Market Revenue Manager position at Royal Orchid Sheraton Riverside Hotel Bangkok responsible for maintaining transient rooms inventory and maximizing revenue through strategic pricing, inventory management, and market analysis.
Job Responsibility:
Maintain transient rooms inventory and maximize transient revenue
Release group rooms back into general inventory
Ensure clean booking windows for customers
Recommend pricing and positioning of cluster properties
Oversee inventory management system
Compile information, analyze and monitor actual sales against projected sales
Conduct sales strategy analysis to increase market share
Maintain accurate reservation system information
Analyze period end data to identify trends and future need periods
Update market knowledge and align strategies accordingly
Achieve and exceed performance goals
Establish long-range objectives and specify strategies
Provide revenue management functional expertise to cluster teams
Ensure hotel strategies conform to brand philosophies
Manage rooms inventory to maximize cluster rooms revenue
Lead efforts to coordinate strategies between group sales offices
Use reservations and demand forecasting systems
Check distribution channels for hotel and competitor positioning
Requirements:
2-year degree from an accredited university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major
3 years experience in revenue management, sales and marketing, or related professional area
OR 4-year bachelor's degree from an accredited university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major
1 year experience in revenue management, sales and marketing, or related professional area
Experience analyzing revenue management data
Knowledge of reservation systems and demand forecasting systems
Ability to develop pricing strategies and manage room inventory
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