Director, Revenue Optimization

Found in: Talent SG 2A C2 - 2 weeks ago


Singapore Resorts World At Sentosa Pte. Ltd. Full time
Job Description

We are seeking an experienced and strategic Director of Revenue Optimization to lead our revenue management efforts. The successful incumbent will be responsible for developing and implementing revenue strategies to maximize profitability across all revenue streams. He/she will lead a team of revenue managers and analysts, working collaboratively with various departments to drive revenue growth and achieve business objectives.

Key Responsibilities:

Develop and execute comprehensive revenue optimization strategies to maximize revenue and profitability.

Lead a team of revenue managers and analysts, providing guidance, coaching, and support to ensure alignment with company goals and objectives.

Utilize advanced data analytics and revenue management tools to analyze market trends, competitor pricing, and customer behavior, identifying opportunities for revenue enhancement.

Oversee the implementation and maintenance of revenue management systems and technology, ensuring accuracy and efficiency in pricing and inventory management processes.

Collaborate closely with sales, marketing, and operations teams to develop pricing strategies, promotional offers, and packages that drive demand and maximize revenue.

Monitor and analyze key performance metrics, providing regular reports and insights to executive leadership.

Conduct regular revenue meetings and strategy sessions with department heads to review performance, discuss market dynamics, and adjust strategies as needed.

Stay informed about industry trends, best practices, and emerging technologies in revenue management, providing recommendations for continuous improvement and innovation.

Requirements:

Bachelor's degree in Hospitality Management, Business Administration, or related field.

Certification in revenue management and/or an MBA is a plus.

Minimum of 10 years of experience in revenue management or related field, with at least 5 years in a leadership role.

Proven track record of success in developing and implementing revenue optimization strategies in both hospitality and casino industries.

Strong analytical skills with the ability to interpret complex data and trends to make informed decisions.

Excellent leadership and management skills, with the ability to inspire and motivate a team towards achieving common goals.

Exceptional communication and interpersonal skills, with the ability to build relationships and collaborate effectively across departments.

Proficiency in revenue management systems and tools, as well as Microsoft Excel and other analytical software.

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