Director of Revenue Management

1 week ago

Abu Dhabi, Abu Dhabi, United Arab Emirates FAIRMONT Full time

"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor's limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit
Do what you love, care for the world, dare to challenge the status quo #BELIMITLESS"

Job Description
  • Leads strategic planning and collaborates with all hotel profit generation teams to actively seek opportunities to drive incremental profit for Rooms, Restaurants, Spas, and other revenue streams.
  • Effectively communicates a compelling Total Hotel Profit Optimization vision to all relevant property leaders, fosters Revenue Management Culture within the revenue generating departments of the hotel and teaches RM concepts within the hotel.
  • Leverages Revenue Management analytics, technologies, processes, tools, and training programs to optimize hotel profits.
  • Creates short- and long-term forecasts, that yield the best decisions on pricing and yielding tactics
  • Participates in the annual budget process and produces long term projections, as required.
  • Actively participates in ownership conversations and presentations.
  • Monitors relevant economic, market, and competitive set indicators to derive insight-led profit generation strategies.
  • Chairs and prepares materials for the weekly Revenue Management Meetings, following Brand guidelines.
  • Maximizes room revenue contribution through a thorough understanding of all booking channels and management of inventory and rate therein.
  • Optimizes pricing, promotions, and availability strategies through definition and management of all rates, rate levels, stay restrictions and other tactics, which are congruent with demand factors to target the most profitable customer segments to maximize profits.
  • Directs and manages all channel distribution strategies. Evaluates new business opportunities related to booking channels.
  • Collaborate with the Marketing team to execute, measure, evaluate and improve digital marketing efforts, to support the hotel strategic marketing plans working within the established budgets.
  • Together with the Marketing team, manages performance reviews with OTA/CTO partners, keeping up-to-date on each partner's distribution options and extranet maintenance, to ensure optimal display of the hotel. Evaluates extranet enhancements.
  • System owner for RMS, CRS (ORS and TARS), Rate shopping system, TravelCLICK products and hotel specific platforms. Responsible for data quality and system hygiene, following Accor standards, recommendations and procedures.
  • Oversees content management in all electronic channels, liaises with hotel Marketing team to ensure regular updates of images and descriptions of hotel, room brands, outlets and services are completed.
  • Oversees relationship with GRC and Distribution services teams.
  • Maintains relationships with local market competitors to keep informed of trends and news.
  • Motivate, lead, coach and manage all aspects of team members' performance towards achieving exceptional guest service and employee satisfaction results.
Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions:

  • Strong communication skills, both verbal and written
  • Strong analytical skills and attention to detail
  • Presents a professional and polished appearance
  • Effectively deal with guests and other team members
  • Previous reservation experience highly preferred
  • Experience with Ideas G3 RMS, Opera PMS, Passkey, Delphi or Opera Sales and Catering preferred
  • Possessing the trait of being organized and multi-tasking
  • Ability to complete work within given deadlines
  • Maintain confidentiality of proprietary information and protect company assets
  • Bachelor degree in Hotel Management, Accounting, Finance, or Mathematic preferred.
  • Minimum 2 years of Revenue Management experience
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