Job CategorySales & Marketing
- Revenue Manager,
- Hospitality (Business Sector)
Our client an International Luxury Hospitality company with over 120 properties worldwide requires seasoned Revenue Analysts/Managers to support the Director of Revenue in the Corporate Revenue Management department and will be responsible for identifying and maximizing all potential revenue opportunities for the group for 4 or 5 units that he/she will be responsible for in the New York/New Jersey area. He/she must understand channel and yield management which is critical for maximizing revenues. This person is responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share. This includes the analysis of revenue potential generated by various market segments.in order to achieve revenue potentials every day of every year for units he/she will be responsible for. He/she will have the responsibility for development, execution, and measurement of strategic and tactical yield and inventory management to maximize rooms' revenue via major distribution channels, including the GDS, Central and On-property reservations, Website, and Third party internet sites. You will support the Company's Revenue Team by providing pertinent information and tools to enhance the company's sales and marketing efforts and decision making processes. He/she will identify, communicate, and execute opportunities to increase incremental revenue. With assistance from the Director of Revenue, you will provide short-term and long-term revenue projections, including weekly, monthly, quarterly, and full-year projections. Key Skills & Responsibilities: . Take responsibility over 4-5 locations assigned . Use internal reporting to maximize revenue . Research local events and competition for maximizing revenue . Update rates according to strategy and findings. . Daily Report production and analysis . Day to Day pricing and rate management - executing rate changes throughout all systems. . Distribution and channel management - Assure rates are loaded and working properly on property website, GDS, and 3rd party sites. . Monitor business thresholds within the forecast window to ensure measurable improvements for demand and availability. . Supply critical analysis on the effect of short-range decisions effecting occupancy, average rate and room profit goals. . Analysis of city events and activities to project the effect of opportunities they create. . Monitor competitive analysis. . Daily review and implementation of room accommodation and rate inventory controls in all systems . Communicate all promotions, new partnerships with management team. . Compile reports, agendas, and notes for the weekly Revenue Optimization Meetings. . Hold daily business review meeting to review sales inquiries. . Ensure pricing is consistent on all channels. . Assist Reservations Sales Team when needed. . Analyze past and present trends and make recommendations for future strategies. . Contribute to development of marketing plan. . Provide training to other hotel team members on revenue management procedures. Qualifications & Experience: . Hospitality degree or equivalent . Two+ years' experience in revenue management - 4- or 5-star luxury Hotels and Residences preferred . Distribution and CRM - Management, setup and operation experience . PMS (Property Management System) - setup and configuration experience and knowledge . Experience with the following systems (or similar) would be an asset but not mandatory: IDeaS RMS, Passkey, Synxis CRS, STR . Strong Microsoft Excel - capacities with report build knowledge Salary Package : Competitive salary with usual benefits including Medical and 401 K Please send your resume to email@example.com if you meet the above requirements and can live in NY/NJ area Note only US Citizens or Residents may apply. If you do not meet the above requirements we regret that you will not receive a reply. Thank You.