
Assistant Manager, Revenue Management
6 days ago
Summary
The role of Assistant Manager, Revenue Management, is to be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets and inventory control measures.
**Job Description**:
Revenue Management & Strategy- Assess and segment demand based on market conditions- Maximise revenue on assigned routes by optimising inventory control measures and overbooking management- Work with Pricing Team to identify opportunities for tactical pricing actions for incremental traffic- Identify opportunities to maximise revenue through demand forecast/ inventory adjustments without significant adverse impact on demand and market share- Benchmark and monitor pricing strategy vs competition- Drive revenue management best practices and enhancements to the revenue management system- Work closely with pricing team, overseas managers and market contacts to identify revenue opportunities and take early revenue management actions- Post departure analysis to ensure strategies align with expected outcomes through constant evaluation of no-shows, go-shows, cancellations, and demand shifts.
Revenue Budgeting/ Forecasting- Development of annual revenue budget/ targets by month for assigned routes- Monthly forecast review and adjustments
Systems Settings/ Maintenance- Ensure timely and accurate set up of system influences and strategies
People Management- Assign work and monitor to ensure quality and completion; seek developmental opportunities for team- Regularly provide objective and actionable performance feedback- Aside from being individually innovative, also able to foster innovation amongst team members
Job Requirements- Degree with a numerical discipline- 3-5 years of experience in a similar role would be an advantage
Skills:
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