Based in London, our global client is looking for a Revenue Manager to join their team on a permanent basis, working full-time 5 days per week in the office.
This job would suit someone with at least 1 year's experience in hospitality revenue management with knowledge of the global travel and accommodation market. This person will play a key role within the commercial team, working closely with Revenue Managers to support achieving annual revenue targets through insightful analysis and well-informed recommendations.
This dynamic and leading global lifestyle accommodation brand across European capitals has now made its way across the pond in the biggest American cities including New York and Miami.
The successful candidate will possess strong analytical and decision-making skills, which are crucial for maximising revenue in this role. Excellent communication skills are essential, as you will regularly negotiate and manage stakeholders across the business, an integral part of your day-to-day responsibilities. Confidence in your decisions is key. Additionally, you must be familiar with a range of hospitality systems, e.g. Property Management Systems, Revenue Management Systems, Channel Manager, and MS Office package. Fluency in English is essential.
Job Responsibilities:
Work closely with the Revenue Management team, General Managers, Sales, and Reservation teams of the cluster you are looking after. Analyse trends in data to develop winning revenue management strategies and outperform your competitive set. Maximise total revenue of the property through business mix optimisation and rate manipulation. Provide ongoing insight about revenue performance of your cluster to all stakeholders. Forecast demand per market segment for your cluster and provide supporting commentary to the management. Produce annual budgets per segment; participate in the process of delivering the annual sales & marketing plan. Manage the overbooking strategies for your cluster to maximise occupancy levels. Monitor and control all functions of the revenue management system and the accuracy of the reporting solution. Liaise with your colleagues from e-commerce, distribution, and marketing to drive additional business. Be commercially savvy in exploring new distribution channels and technology partners. Take the initiative to proactively adapt strategy and tactics in changing market conditions. This is a fantastic opportunity for a revenue analyst who would like to join a complex, fast-growing business that will invest in your development and career progression.
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Work closely with the Revenue Management team, General Managers, Sales, and Reservation teams of the cluster you are looking after. Analyse trends in data to develop winning revenue management strategies and outperform your competitive set. Maximise total revenue of the property through business mix optimisation and rate manipulation. Provide ongoing insight about revenue performance of your cluster to all stakeholders. Forecast demand per market segment for your cluster and provide supporting commentary to the management. Produce annual budgets per segment; participate in the process of delivering the annual sales & marketing plan. Manage the overbooking strategies for your cluster to maximise occupancy levels. Monitor and control all functions of the revenue management system and the accuracy of the reporting solution. Liaise with your colleagues from e-commerce, distribution, and marketing to drive additional business. Be commercially savvy in exploring new distribution channels and technology partners. Take the initiative to proactively adapt strategy and tactics in changing market conditions. This is a fantastic opportunity for a revenue analyst who would like to join a complex, fast-growing business that will invest in your development and career progression.
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