Strategic Revenue Manager
2 weeks ago
The successful candidate will drive revenue growth and market positioning across diverse international markets.
Key Responsibilities:
- Pricing & Inventory Management
- Oversight of pricing strategies and inventory management to ensure alignment with company standards and policies.
- Regular review of business performance across managed properties, including analysis of rates, inventory, competitor performance, booking pace, and sales strategies to optimize revenue and RevPAR.
- Revenue & Market Analysis
- Conducting regular analysis of market trends, competitive positioning, and industry changes to identify revenue opportunities.
- Implementing strategies to drive revenue generation and market share growth, contributing to overall profitability.
- Active management and evaluation of revenue management system decisions, ensuring optimization of revenue outcomes.
- Direct Booking & Online Distribution
- Collaboration with the loyalty program team to improve the property's direct booking performance.
- Management and oversight of the online distribution strategy for all sales channels, ensuring effective digital presence and rate competitiveness.
- Ensuring rate parity and monitoring the competitiveness of pricing across all channels.
- Forecasting & Budgeting
- Providing and updating monthly revenue forecasts, contributing to accurate financial planning for managed properties.
- Participation in the annual budget and rate rationalization exercises, ensuring strategic alignment with revenue targets.
Qualifications:
- Minimum Diploma or Bachelor's degree in Hotel Management, Tourism, or Economic Studies.
- At least 5 years of relevant experience in revenue management, pricing, or distribution within the hospitality industry.
- Strong knowledge of the hospitality markets in Singapore, Australia, China, and Indonesia.
- Proficiency in MS Office applications and hotel management systems.
- Excellent communication, presentation, and interpersonal skills.
- Strong analytical and commercial mindset, with the ability to maintain confidentiality.
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