Revenue Manager, Rmrs Dubai
7 months ago
**Job Number** 24046582
**Job Category** Revenue Management
**Location** Dubai Area Office, Central Park Towers Level 12, Dubai, United Arab Emirates, United Arab Emirates VIEW ON MAP
**Schedule** Full-Time
**Located Remotely?** N
**Relocation?** N
**Position Type** Management
Responsible for coordinating the revenue management functions (pricing, forecasting, competitive assessments, etc.) and inventory strategy for hotels supported by the Revenue Management Remote Solutions Team. Responsible for maximizing revenue and profit associated with rooms across the three customer segments of transient, group and contract. Responsible for understanding and communicating Revenue Management philosophies as they pertain to strategies. The Manager is a hotel’s first point of contact for revenue management support and leads sales strategy meetings and maintains relationships with key stakeholders at hotel level; recommending and maintaining pricing, positioning and the management of inventory for rooms. This role drives the rooms projections and communicates at hotel level as appropriate. Utilizes tools and resources to ensure recommendations provided to sales strategy teams are based on market conditions, comp set pricing, demand, booking pace and other relevant supporting data. Monitors daily transient and group transactions for significant changes and ensures rates and restrictions are optimized in all channels through a KDATE strategy.
This position will be responsible for Revenue Management function for 4-5 hotels in RMRS Dubai portfolio and would be responsible for supporting the General Managers and stakeholders of multiple properties.
- Previous experience in a Revenue Management role is preferred.
- Knowledge and background working with Marriott International Revenue Management Systems & Tools (One Yield, MARSHA, HPP, MRDW, etc.) is preferred.
**JOB FAMILY CORE WORK ACTIVITIES**
- Aligns Strategy and Market Trends - Updating market knowledge and aligning strategies and approaches accordingly.
- Monitoring Actual vs. Projected Sales - Compiling information, analysing, and monitoring actual sales against projected sales.
- Demonstrating Leadership - Utilizing interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
- Achieving/Exceeding Goals - Achieving and exceeding goals including performance goals, budget goals, team goals, etc.
- Facilitating Strategy Meetings - Facilitating meetings to communicate and update the room strategy of the hotel to optimize revenue and profit.
- Analysing Data or Information - Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
- Developing Objectives and Strategies - Establishing long-range objectives and specifying the strategies and actions to achieve them.
- Executing on a Strategy - taking a predetermined strategy and driving the execution of that strategy.
- Demonstrating Knowledge - Demonstrating knowledge of job-relevant issues, products, systems, and processes.
- Making Decisions and Solving Problems - Analysing information and evaluating results to choose the best solution and solve problems.
- Interacting With Computers - Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
- Meeting the Needs of Key Stakeholders - Understanding and meeting the needs of key stakeholders (owners, corporate, guests, etc.).
- Communicating Information Timely - Informing and/or updating the executives, the peers, and the subordinates on relevant information in a timely manner.
- Exploring Business Opportunities - Exploring opportunities that drive profit, create value for clients, and encourage innovation; challenging existing processes/systems/products to make improvements.
- Generating and Delivering Accurate and Timely Results - Generating and providing accurate and timely results in the form of reports, presentations, etc.
**JOB SPECIFIC TASKS**
- Provides revenue management functional expertise to property general managers, leadership teams and market sales leaders.
- Ensures hotel strategies conform to brand philosophies and initiatives.
- Ensures that sales strategies and rate restrictions are communicated, implemented, and modified as market conditions fluctuate.
- Prepares sales strategy meeting agenda, supporting documentation.
- Conducts sales strategy analysis and refines as appropriate to increase market share for all properties.
- Communicates proactively with properties regarding rate restrictions and strategy.
- Manages room’s inventory to maximize hotel room’s revenue.
- Assists hotels with pricing and provides input on business evaluation recommendations.
- Maintains accurate reservation system information.
- Supports cluster selling initiatives by working w
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