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The Revenue Manager works directly with Hotel General Managers to maximize hotel revenue through daily management of room inventory and pricing across all segments. In this role you will help develop and recommend room rates and availability strategies to optimize the best mix of business through multiple distribution channels. In addition, this position will be responsible for driving analysis, compiling reports and developing models to support better decisions across the business.
Job Responsibility:
Support hotel’s yield efforts, via analysis and reporting, that ensure all segments and distribution channels are mined for revenue opportunities based on budget, forecast, pace and market demand
Maximize revenue potential and ensure proactive and accurate maintenance and management of all systems
Assist Director of Revenue in preparing short and long-term forecasts
Support Director of Revenue in compiling and communicating all documents, reports and presentations for required ownership, hotel and regional leadership reporting
Own and validate all required data entry for daily, weekly and monthly reports used for monitoring performance against budget, forecast and proforma
Ensure that the necessary reports are maintained and systematically analyzed, including but not limited to: STR, Market Segment Analysis, Source Contribution, Internet Production, Pickup and Pace by Segment, and Room Type Statistics
Take lead in preparing documents for Weekly Revenue Meetings, providing data in terms of pricing, availability, market demand and promotional opportunities for all segments and channels and leading the meeting with GMs and DOO
Requirements:
Two years of Hotel Revenue Management experience, preferably extended stay
Bachelor’s degree or equivalent in Hotel Management or related field
Familiarization with hotel revenue management concepts and tools
Ability to obtain certifications necessary to gain access to Revenue Management Systems
Demonstrated aptitude for problem solving and problem identification
Ability to collect, analyze and interpret revenue performance data
Must effectively manage and adhere to strict daily/weekly/monthly deadlines
Extensive proficiency in Excel, Word, and PowerPoint required and ability to manipulate data essential
Knowledge of reservations system and revenue management data
Attention to detail required
Ability to operate in a team environment
Excellent written and verbal communication skills
Excellent interpersonal skills and demonstrated maturity
Ability to manage multiple tasks and responsibilities at once
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