Revenue Executive
7 days ago
ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.
Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.
The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.
Job Description
Oversee revenue management and reservation of the hotel and manage day-to-day yield operations.
Identify and articulate any revenue opportunities and issues affecting RevPAR index for Capri by Fraser China Square Singapore. Provide actionable solutions promptly.
Provide reports and market intelligence through close monitoring of competitors' performance, strategies, and pricing structures to assist in creating detailed forecasts on a daily, weekly, and monthly basis.
Analyze and communicate distribution channel performance to identify revenue opportunities, ensuring full optimization of public channels, GDS, OTAs, and other channels.
Support the Sales & Reservation Department in analyzing the demand forecast for the property and participate in producing an accurate financial forecast for the property on a regular basis.
Assist management by implementing and enforcing revenue management and pricing strategy. Support the Reservations Manager and Channel Distribution in managing the operations of the Reservations department, including analyzing inventory, room rates, and occupancy levels across all distribution channels to maximize hotel profitability.
Support various stakeholders in assessing demand based on market conditions, providing market insights, and monitoring pricing strategy to yield, manage occupancy, and Average Daily Rate (ADR) daily to maximize profitability.
Develop and analyze marketing trends and statistics, supporting the senior management team in yearly budgeting and P&L forecasting.
Monitor and analyze market and competitor trends and key performance metrics to recommend changes in revenue strategies. Work closely with the Sales team to develop strategic programs to maximize hotel profitability.
Recommend rates and availability controls for different channels of distribution and perform regular audits on all distribution channels to ensure they are loaded and updated.
Possess knowledge of Revenue Management Software and Channel Management tools, and have a strong background in quantitative and critical thinking, and data analysis.
Key Qualifications
Diploma / Bachelor’s Degree in Business Management, Finance, or relevant field.
1-2 years of working experience preferred in an analytical field, or relevant studies.
Must have a passion for revenue management and strong analytical ability.
Possess good communication and presentation skills.
Be meticulous, able to handle multiple tasks efficiently and in an organized way.
Good interpersonal skills with the ability to work independently and within a team.
Diversity brings us closer to the communities we serve.
Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected, and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organization, which helps our people to thrive each day.
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