Revenue Manager
2 days ago
Overview The Revenue Manager is responsible for maximizing hotel revenue through the development and implementation of effective pricing and inventory strategies. The incumbent will conduct market analysis, forecasting, and competitive analysis to achieve financial goals. This role requires a deep understanding of market dynamics, guest behavior, and hotel operations to drive profitability and market share. The Revenue Manager will be targeted to meet or exceed budgeted ADR, RevPAR, RGI, total revenue, and GOP, in addition to employee engagement within the Revenue and Reservations Team. Key Responsibilities - Monitor market trends, competitive landscape, and economic indicators to anticipate market changes and adapt strategies accordingly. - Proficiency in using Opera, IDeaS and RateGain is a must. - Develop and execute revenue management strategies to optimize room revenue and market share. - Utilize data analytics and business intelligence tools to make informed pricing decisions. - Monitor and review inventory and rate control through reports such as booking pace, regrets, market segmentation, availability calendar, STR, rate check report, and other relevant analytics. - Develop annual revenue budgets and forecasts in collaboration with senior management and financial teams. - Monitor performance against budget and forecast, adjusting as needed to achieve financial targets. - Oversee distribution channels (e.g., OTAs, GDS, direct bookings) to maximize revenue and profitability. - Collaborate with Wyndham’s Revenue and Distribution team to drive commercial opportunities. - Evaluate channel performance and negotiate contracts to ensure favorable terms for the hotel. - Analyze sales performance, booking patterns, and market segment data to identify revenue opportunities. - Prepare regular reports and presentations for senior management outlining revenue performance and strategy effectiveness. - Lead and mentor the reservations team fostering a culture of continuous improvement and collaboration. - Provide training and development opportunities to ensure hotel team are equipped with necessary skills and knowledge. - Collaborate with sales, marketing, and operations teams to align revenue strategies with overall business objectives. - Monitor Hotel e-commerce strategies and online marketing plans. - Communicate revenue management strategies and performance metrics effectively to stakeholders across the organization. Key Competencies - Leadership - Strategic mindset - Data analytics - Communication - Commercial awareness - Influence - Planning & organisation - Driving results - Flexibility - Agility - Accountability - Teamwork Background - Bachelor’s degree in hospitality management, Business Administration, or related field (master’s degree preferred). - 2 years proven experience in hotel revenue management. - Proficiency in iDeas, or similar revenue management system. - Proficiency in Opera Cloud and Microsoft Office. Seniority level - Executive Employment type - Full-time Job function - Accounting/Auditing and Finance Industries - Hospitality, Accommodation and Food Services, and Food and Beverage Services #J-18808-Ljbffr
-
E-commerce Executive
1 week ago
Dubai, United Arab Emirates Make My Revenue Full time**Job Title**: E-Commerce Manager - MakeMyRevenue **Location**: Dubai, UAE **Job Type**: Full-Time **Experience Level**: Mid to Senior-Level **About MakeMyRevenue**: MakeMyRevenue is a growing leader in the e-commerce space, specializing in helping businesses maximize their online revenue through strategic e-commerce solutions, innovative digital...
-
Revenue Manager
1 week ago
dubai, United Arab Emirates Wyndham Hotels & Resorts EMEA Full timeOverviewThe Revenue Manager is responsible for maximizing hotel revenue through the development and implementation of effective pricing and inventory strategies. The incumbent will conduct market analysis, forecasting, and competitive analysis to achieve financial goals. This role requires a deep understanding of market dynamics, guest behavior, and hotel...
-
Revenue Manager
5 days ago
Dubai, United Arab Emirates Hyatt Regency Dubai Creek Heights Full timeSummary You will be responsible for the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest and owner expectations. The Revenue Manager is responsible to provide revenue accounting leadership and business best practices to the hotel. The Revenue Manager has...
-
Revenue Manager
2 weeks ago
Dubai, United Arab Emirates Wyndham Hotels & Resorts EMEA Full timeOverview The Revenue Manager is responsible for maximizing hotel revenue through the development and implementation of effective pricing and inventory strategies. The incumbent will conduct market analysis, forecasting, and competitive analysis to achieve financial goals. This role requires a deep understanding of market dynamics, guest behavior, and hotel...
-
Revenue Manager
5 days ago
Dubai, United Arab Emirates Wyndham Hotels & Resorts EMEA Full timeOverview The Revenue Manager is responsible for maximizing hotel revenue through the development and implementation of effective pricing and inventory strategies. The incumbent will conduct market analysis, forecasting, and competitive analysis to achieve financial goals. This role requires a deep understanding of market dynamics, guest behavior, and hotel...
-
Revenue Manager
1 week ago
dubai, United Arab Emirates Wyndham Hotels & Resorts EMEA Full timeOverview The Revenue Manager is responsible for maximizing hotel revenue through the development and implementation of effective pricing and inventory strategies. The incumbent will conduct market analysis, forecasting, and competitive analysis to achieve financial goals. This role requires a deep understanding of market dynamics, guest behavior, and hotel...
-
Revenue Manager
5 days ago
Dubai, United Arab Emirates Hyatt Regency Dubai Creek Heights Full timeSummary Oversee and guide the hotel revenue management team to formulate transient and group inventory restrictions and pricing strategies towards the goal of increasing market share and maximizing revenues for the hotel. Implement hotel sales strategy and pricing recommendations across all channels, Hyatt revenue systems and market segments. Analyze...
-
Revenue Manager
2 weeks ago
Dubai, United Arab Emirates R B E VACATION HOMES RENTAL LLC Full time**Job Title**: Revenue Manager - Holiday Homes (Remote) **Location**: Remote (Worldwide) Company based in Dubai, UAE & New Zealand **Job Type**: Full-time We are a growing holiday homes and short-term rental company based in Dubai & New Zealand, managing a portfolio of vacation properties. We are looking for an experienced Revenue Manager to join our team...
-
Revenue Manager
2 weeks ago
Dubai, United Arab Emirates Stonetree Group Full timeStone Tree Group provides a full range of high-quality services in the holiday home sector in Dubai. With 6 years of experience and professional approach to every client, we provide a variety of apartments ranging from standard to luxury. - Stone Tree Group _deliver a full cycle of work with property on the United Arab Emirates markets: - Five PM Real...
-
Revenue Manager
2 days ago
Dubai, United Arab Emirates Wyndham Hotels and Resorts Inc Full timeSUMMARY The Revenue Manager is responsible for maximizing hotel revenue through the development and implementation of effective pricing and inventory strategies. The incumbent will conduct market analysis, forecasting, and competitive analysis to achieve financial goals. This role requires a deep understanding of market dynamics, guest behavior, and hotel...
