Revenue and Business Growth Manager
3 weeks ago
Job Overview
The Revenue and Business Growth Manager at Ascott International Management Pte Ltd will play a pivotal role in driving revenue and business growth for the managed properties. This individual will be responsible for assessing rates, inventory, sales strategies, and competitor set performance to optimize revenue and RevPAR.
- Develop and implement yield and pricing strategies to maximize revenue and RevPAR.
- Monitor market trends and pricing strategies for restaurants, bars, and catering sales.
- Work closely with the Director of Sales and/or Catering Sales Manager to define catering space release policies and minimums.
- Analyze market trends and market positioning to identify opportunities and implement initiatives to ensure optimal revenue generation and market share growth.
- Manage and evaluate decisions from the IDeaS revenue management system.
- Improve the property's direct booking performance by working closely with the Ascott Star Rewards (ASR) HQ Marketing team and Country level Team.
- Manage and oversee the online distribution strategy for all online sales channels.
- Provide and update monthly revenue forecasts for the managed property.
- Participate in annual budget and rate rationalisation exercises.
- Provide timely advice to the Sales Team on sales quotations.
- Ensure property's rate parity and rate competitiveness.
- Prepare and chair the Revenue Meeting for the property and participate/contribute during the Country level revenue meetings.
- Liaise with industry partners to keep abreast of market changes and developments within the industry.
- Contribute to the growth of the Revenue Management culture within the organisation.
Benefits
- Flexible benefits with comprehensive medical coverage for self and family.
- Training and development opportunities.
- Subsidised rates at Ascott serviced residences.
- Strong advocate of staff volunteerism.
- Wellness programmes.
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