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Responsible for the analysis of revenue, profit, and demand associated with the participating hotels’ rooms and function space inventory. Assist in the preparation of competitive analysis and other supporting documents for presentation at sales strategy meetings. Assist in managing the daily tasks for the property including managing the 5step one yield advisor screens. Perform all revenue management month end reporting and auditing and provide forward looking information for the purposes of forecasting and targeting need areas.Assist with system maintenance including but not limited to, monitoring forecasted demand, updating group forecasting and running daily system checks for preparation of forecasts and critiques of sales strategy effectiveness. Develops/utilizes analytical tools and systems toward the goal of maximizing total hotel revenue and profit. Ensures that all rates, packages are loaded on all distribution platforms and audited regularly.
Job Responsibility:
Responsible for the analysis of revenue, profit, and demand associated with the participating hotels’ rooms and function space inventory
Assist in the preparation of competitive analysis and other supporting documents for presentation at sales strategy meetings
Assist in managing the daily tasks for the property including managing the 5step one yield advisor screens
Perform all revenue management month end reporting and auditing and provide forward looking information for the purposes of forecasting and targeting need areas
Assist with system maintenance including but not limited to, monitoring forecasted demand, updating group forecasting and running daily system checks for preparation of forecasts and critiques of sales strategy effectiveness
Develops/utilizes analytical tools and systems toward the goal of maximizing total hotel revenue and profit
Ensures that all rates, packages are loaded on all distribution platforms and audited regularly
Responsible for preparation of daily reports, sales strategy packets, creation of rate codes and the 5-step OY advisor process
Assist the designated revenue leader to manage revenue, profit, and demand related data associated with rooms and function space
Prepares month end reports, share findings and actively involves in strategy development for improvement of business performance
Manage room authorizations, rates, and restrictions based on OY recommendations
Utilize Marriott’s Revenue Mgt. systems and tools to ensure that revenue and profit are maximized
Assists revenue leader with data to perform business evaluation and revenue analysis functions
Ensure that the hotel’s sales strategies are effectively implemented in the MARSHA systems
Accountable for weekly rooms and function space forecasts and sales strategy meetings in absence of the revenue leader of the hotel
Accountable for monitoring the force sell and other MARSHA related concerns for participating properties
Check distribution channels for hotel positioning and information accuracy
Assist in audits and updates the peers on findings in timely manner
Accurately generate, process and update all property and revenue management reports and serve as primary source for reporting and analytical needs of the revenue leader of the properties
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
Minimum 1.5 years of experience in revenue management/reservation, preferably within the hospitality industry
Adaptability
Communication
Problem Solving and Decision Making
Professional Demeanor
Building and Contributing to Teams
Driving for Results
Planning and Organizing
Coworker Relationships
Customer Relationships
Global Mindset
Organizational Capability
Talent Management
Applied Learning
Business Acumen
Technical Acumen
Revenue Management - Knowledge of revenue management concepts, processes and strategies
Analysis - The ability to analyze and summarize detailed data
Research - Skill in collecting information from a variety of sources
Inventory Management - The ability to manage rooms and function space restrictions
Computer Skills - The willingness to learn and ability to use computer systems
Economics and Finance - Knowledge of economic principles and practices
Sales and Marketing - Knowledge of sales and marketing concepts