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Revenue Growth Specialist
2 weeks ago
Revenue Growth Opportunities
We are seeking an experienced revenue growth specialist to lead our hotel's expansion initiatives.
Key Responsibilities:
- Develop and implement strategic pricing plans to maximize market share and revenue performance.
- Maintain competitive pricing intelligence and assess the impact of relative pricing decisions on property performance.
- Analyse data on a regular basis, including daily reports, arrival checks, and reservation pace.
We require someone with excellent communication skills and the ability to drive data-driven decision making.
A strong analytical mindset is essential for this role.
The ideal candidate will be able to drive revenue growth and improve performance through effective pricing strategies.
Regular updates on hotel performance will be required.
We also expect the successful candidate to design and implement promotional strategies to enhance revenue growth.
Pricing Strategy:
- Establish a comprehensive pricing strategy encompassing all market segments and distribution channels.
- Manage inventory (transient, group, wholesale allotments) and pricing strategy across all distribution channels.
Data Analysis:
- Conduct daily rate discrepancy checks and monitor total room revenue and occupancy levels.
- Provide accurate forecasts on a weekly and monthly basis.
Team Collaboration:
- Collaborate with the hotel team to communicate the strategic vision and objectives for driving revenues and improving performance.