Area Revenue Manager

5 days ago

Singapore Far East Organization Full time

**Responsibilities**:
Reporting to the Area General Manager and to Area Director, Revenue Management, you will be part of a performance-driven revenue management team that manages serviced residences and hotels in Singapore.

In your role, you will work with property/cluster-level and overseas revenue teams to maximize overall serviced residence revenue and profitability for the portfolio, driving market share at each property through strategic and in-depth evaluation and analysis of business, mix, distribution channels and overall rate/inventory management in all market segments.
- Use available tools and data to optimize yield through proactive inventory and rate management across all serviced residence properties.
- Work closely with the Sales team to align pricing and inventory strategies with sales-driven business, ensuring total revenue optimization.
- Monitor booking pace and performance by segment; cover shortfalls through tactical promotions and online channel activations.
- Manage OTA and brand website content, rates, and availability, ensuring alignment with overall revenue strategy.
- Provide input to the budgeting and forecast process, especially around long-stay demand patterns and market segment contributions.
- Track and evaluate market trends, competitive set pricing, and key demand periods to inform strategy.
- Lead initiatives to digitize and streamline revenue management processes tailored for serviced residence model, improving decision speed and consistency.
- Contribute to the development of future revenue management structures and processes to ensure integration and alignment with Corporate Office strategies.
- Prepare business performance updates and reports for management.
- Undertake any other ad-hoc duties as assigned.

**Requirements**:

- Degree in Hospitality Revenue/Yield Management or related discipline
- Minimum 2 years of experience in a revenue management role in a supervisory capacity
- Possess full understanding of the principles of forecasting and analysis
- Proficiency in Microsoft Office, software programs, and automated systems

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