Job Detail

Revenue Management Executive

Date Posted: 03-09-2021
4000-6000

About Employer

With a strong desire to contribute to hotels and scale up their online business, we grow hotels' online sales, social media marketing, and online reputation management. Born for hotels is our tagline. We are located at Borivali (East) at a walkable distance from the station and on the main highway - next to the National Park.

Job Description

Core Job Responsibilities & Duties :- 

? Oversee revenue management and distribution strategy of the hotels on the area and manage day to day yield operations.

? Daily pick-up analysis, strategy adjustments and reporting.

? Perform competitive benchmark studies and follow market trends.

? Create and maintain a 13 month rolling demand calendar.

? Create and develop pricing strategies in conjunction with the individuality of each hotel.

? Provide weekly dynamic forecast of expected results, variances and budget comparisons.

? Manage and oversee strategy for all 3rd party distribution

? Responsible for assessing, analysing and pricing group business strategies

? Analyze overall monthly hotel performance and provide summary report with recommendations to improve long term strategies.

? Ensure all related systems are configured correctly, validated and working to full capacity

? Oversee and audit the standards and operations of the reservations department.

? Ensure web site booking process is maintained up-to-date and functional.

? Ensure hotel personnel is fully competent in the use of all systems

? Work in liaison with hotel sales and reservations departments as a team.

? Regularly check the input and the quality of data (segmentation, denials tracking, etc…)points.

? Conduct quarterly property performance review and develop strategic and tactical action

? Responsible for best practice standards to include: competitor analysis; environmental scanning; market modeling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concepts

? Evaluate performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc…).

? Reduce the cost of distribution by finding new less expensive means of delivering business

? Prepare outline for and support the annual revenue budget process.

? Inspire Hotel’s HODs to further embed a revenue management culture.

? Advice and coach the client in other operational areas.

? Visit the hotels to get first-hand knowledge of all revenue management issues and other key areas.

? Any other reasonable requests made by management



Skills

  • CLIENT INTERACTION
  • CLIENT COMMUNICATION
  • English Proficiency (Written)
  • MS Word
  • MS -Excel
  • English Proficiency (Spoken)

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Job Summary

  • Skills
    CLIENT INTERACTION, CLIENT COMMUNICATION, English Proficiency (Written), MS Word, MS -Excel, English Proficiency (Spoken)
  • Company Name
    Hospitality Minds
  • Country
    India
  • City
    Mumbai
  • Required Experience (yrs)
    0-0 years