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Revenue Management Director

2 months ago

Singapore MILLENNIUM & COPTHORNE INTERNATIONAL LIMITED Full time
Job Description

Job Title: Director of Revenue Management

Company: Millennium & Copthorne International Limited

Job Summary:

We are seeking a highly skilled and experienced Director of Revenue Management to join our team. The successful candidate will be responsible for developing and implementing revenue strategies to maximize revenue and profits across our hotel portfolio.

Key Responsibilities:
  • Revenue Management:
    • Develop and implement revenue strategies to maximize revenue and profits across our hotel portfolio.
    • Manage rooms and function space inventory to ensure optimal allocation and restriction.
    • Build and maintain relationships with hotel management to ensure effective implementation of revenue strategies.
    • Monitor and analyze revenue, profit, and demand associated with hotel rooms and space inventory.
    • Prepare forecasts, budgets, and weekly and daily projections to inform revenue decisions.
  • OTA Partnerships Development:
    • Manage Online Travel Agency accounts to ensure compliance with our distribution strategy.
    • Ensure accurate and up-to-date information is displayed on OTA websites.
    • Manage approved OTA partners and their internet listings.
    • Ensure hotels comply with our terms and conditions regarding internet distribution strategies.
    • Monitor and analyze channel performance reports to inform revenue decisions.
  • Building Successful Relationships:
    • Develop and maintain effective working relationships with key clients and stakeholders.
    • Communicate results, achievements, and challenges to stakeholders in a timely and targeted manner.
    • Work with the Revenue Team to develop and implement area strategies and ensure compliance with corporate policies and procedures.
Requirements:
  • Education: 2-year degree in Business Administration, Finance, Accounting, Economics, Hotel and Restaurant Management, or related major.
  • Experience: 4 years of experience in revenue management or a related field.
  • Skills: Revenue management, inventory management, property administration, SWOT analysis, channel management, selling, audit compliance, economics, inventory management, restaurant management, travel agency, statistics, hotel management, pricing.
What We Offer:

We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.