Revenue Manager
2 days ago
Revenue Manager is responsible for strategic analysis and management of inventory and rate strategy to maximize total revenue opportunities:
- Develops Action Plans to reach daily / monthly / yearly KPIs based on Total Revenue Management
- Completes all rooms forecasting to accurately project demand and pick up for groups and transient, both short and long term.
- Coordinate updates/stay restrictions or rate changes to reflect the hotel selling strategy in response to the market demand.
- Maintains records pertaining to market segments, transient pace numbers, forecasts, and other rooms’ data.
- Participates in the annual budgeting, marketing and strategic planning process.
- Records competitive set pricing and yield strategies and completes analysis on the market and its opportunities based upon the competition and previous history.
- Prepares the weekly Revmax meetings for each of the 2 properties and shares the same in timely manner with the Team beforehand.
- Participates in weekly Revmax and Group Meetings and presents weekly revenue agenda items.
- Monitors transient potential and group bookings daily to set up the pricing and availability control for all reservation distribution sources.
- Achieve potential market position through a maximization of RevPAR index over the competitive set.
- Works with DRM to evaluate and maintain group thresholds.
- Completes monthly summaries required for the CDRM.
- Makes sure rate leakages are handled and solved in a timely manner.
- Makes sure rate plans are correctly indexed / loaded and distributed to all channels
Pay: From AED3,500.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (preferred)
**Education**:
- Higher diploma (required)
**Experience**:
- revenue: 4 years (required)
**Language**:
- english (required)
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