
Area Revenue Manager
1 week ago
Area Revenue Manager (Serviced Residences Cluster)
Join to apply for the Area Revenue Manager (Serviced Residences Cluster) role at Far East Hospitality Management (S) Pte Ltd .
Responsibilities
- Reporting to the Area General Manager and Area Director, Revenue Management, you will be part of a performance-driven revenue management team managing serviced residences and hotels in Singapore.
- You will work with property/cluster-level and overseas revenue teams to maximize revenue and profitability, driving market share through strategic evaluation of business, market segments, and rate/inventory management.
- Utilize tools and data to optimize yield via proactive inventory and rate management across all properties.
- Collaborate with the Sales team to align pricing and inventory strategies with sales objectives.
- Monitor booking performance; implement tactical promotions and online channel activations to cover shortfalls.
- Manage OTA and brand website content, rates, and availability aligned with revenue strategies.
- Contribute to budgeting and forecasting, focusing on long-stay demand and market segments.
- Analyze market trends, competitor pricing, and demand periods to inform strategies.
- Lead initiatives to digitize revenue management processes for improved decision-making.
- Develop future revenue management structures and processes aligned with corporate strategies.
- Prepare performance reports for management and undertake other duties as assigned.
Requirements
- Degree in Hospitality Revenue/Yield Management or related discipline.
- At least 2 years of supervisory experience in revenue management.
- Strong understanding of forecasting and analysis principles.
- Proficiency in Microsoft Office, automated systems, and revenue management software.
Additional Details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Accounting/Auditing and Finance
- Industry: Hospitality
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