Pricing and Yield Manager
1 day ago
At Cove Living Pte Ltd, we're passionate about creating a unique and innovative living experience that exceeds our guests' expectations. Our story began with renting co-living spaces, but we've since expanded to offer flexibility for comfortable and enjoyable long-term or short-term stays in our beautiful properties across Singapore and Indonesia, South Korea, and Japan.
Our goal is to build the leading tech flexible living platform in Asia Pacific, providing high-quality and community-centric accommodations. We believe in the power of a team and aim to create an environment where authenticity and fun thrive.
- Job Title: Revenue Manager
- Job-Type: Fulltime
- Reports To: Cofounder
- Location: Singapore (Remote)
- Revenue Strategy Development: Develop and implement revenue management strategies for each property in our Singapore portfolio, ensuring alignment with overall goals.
- Pricing and Inventory Management: Manage pricing, inventory, and distribution strategies to maximize revenue performance.
- Forecasting and Budgeting: Create and manage forecasts, ensuring accuracy, and alignment with budget goals.
- Channel and Distribution Optimization: Monitor and manage rates, availability, and channel performance across all distribution platforms, including OTAs.
- System Utilization: Ensure optimal use of RMS and PMS systems, maintaining data integrity and accuracy.
- Market Research and Analysis: Conduct regular market research and competitor analysis to identify trends and opportunities.
- Team Collaboration: Work closely with property managers and sales teams to align revenue strategies.
- Promotional Campaigns: Collaborate with sales and marketing teams to create and execute promotional campaigns.
- Performance Monitoring: Track and analyze daily, weekly, and monthly performance metrics for all short-term stay properties.
- Bachelor's degree
- 5-7 years of experience in Pricing, Revenue Management, or Yield Management in hospitality, co-living, or real estate
- Singapore market knowledge preferred
- Advanced Excel, Google Sheets, and data analytics skills
- Strong grasp of demand forecasting, rate elasticity, and rental market trends
- Strong problem-solving and strategic decision-making skills in a fast-paced environment
- Ability to communicate pricing strategies to non-technical stakeholders
- Detail-oriented with a data-driven, proactive approach to revenue optimization
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