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Assistant Revenue Manager

2 weeks ago

Singapore MARINA BAY HOTEL PRIVATE LIMITED Full time

**About the Role**

The **Assistant Revenue Manager**is responsible for assisting the Director of Revenue Management in development and implementation of revenue strategies, techniques, best practices, and driving total revenue management across the Hotel.

Key Responsibilities
- Manage inventory for the Hotel to maximize revenue in all areas.
- Assist in developing a consistent and rational pricing and yield strategy across all channels and all segments according to the MOHG pricing guidelines.
- Accurately prepare Monthly and Weekly Forecasts for all transient segments, group, and other business units.
- Assist in the preparations of the transient and group rooms budgets, with the input of sales and contribute to the development of the transient and group portion of the Hotel's marketing plan.
- Assist in providing data to the team for the purpose of analysing and evaluating specific business segments, specific accounts, market segment mix (Group vs. Transient and its sub-segments), room type demand, channel production and geographical mix, recognizing trends and patterns.
- Analyse and communicate business trends and booking pace to revenue team in comparison to the market, last year, forecast and budget.
- Analyse transient demand, price sensitivity and booking patterns, recognize trends and their relevance to one another and provide pricing, inventory and selling strategy recommendations.
- Maintain accurate reservation system information including HOD pages in all Distribution Channels.
- Regularly check GDS systems for hotel positioning, information accuracy and competitor positioning for the hotel.

Key Requirements
- Degree in related discipline
- At least 2 years of related revenue management and optimization experience, preferably with an international luxury hotel chain company
- Good understanding and experience in revenue management and pricing strategies
- Possess commercial acumen and an analytical mind
- Analytical, project management, strategic thinking, and time management skills