Experience
3 - 4 yrs
Job Location
Mumbai, India
Vacancy
1
Designation
Revenue Manager
Job Type
ONSITE
Job Description
Revenue Manager Job Objective
Drive daily revenue optimization through pricing and inventory control, leveraging data analysis to improve performance. Work closely with sales and marketing to ensure strategies are aligned with revenue targets and market trends.
Essential Job Tasks - Execute daily pricing, inventory control, and distribution strategies.
- Analyze booking patterns, market demand, and competitor pricing to adjust rates.
- Collaborate with sales, marketing, and reservations teams to optimize promotions and offers.
- Monitor performance through regular reporting and adjust strategies to meet targets.
- Maintain and update the property's revenue management system (RMS) and other tools.
- Daily Revenue Optimization: Authority to adjust room rates, manage inventory, and make tactical decisions to optimize daily revenue performance.
- Market Analysis and Reporting: Responsible for analyzing market conditions, competitor pricing, and demand forecasts to make informed decisions.
- Collaboration with Sales and Marketing: Authority to implement sales strategies and marketing initiatives to align with the overall revenue plan, ensuring consistent execution.
- System Management: Authority over the use and configuration of revenue management and property management systems to ensure accurate data and decision-making tools.
- Minimum Bachelors Degree in Hospitality, Business or any other discipline
- Preferred Masters degree in Hospitality, Business or any other discipline.
- Analytics or Mathematics background
- Good knowledge of MS Excel and Powerpoint
- 3 - 4 years experience in Revenue Management
- English
- Clients, Vendors and Partners
- Reservations
- Area / Unit DOSM/ Sales Managers
- General Manager / Hotel Ops team
- Corporate RM and Distribution Team
- Process Excellence
- Result Orientation
- Collaborative Engagement
- Change Championship
- Growth Mindset
- Talent Enrichment
- Guest Centricity
- Personal Effectiveness