Director of Revenue

1 hour ago

Singapore JonDavidson Full time $80,000 - $120,000 per year
DIRECTOR OF REVENUE (Hospitality)

Our client is one of Singapore's most established Heritage Hotel and is centrally located. The Hotel has celebrated its timeless elegance, legendary hospitality, and tradition of excellence.  They are committed to building a high-performing team that is thoroughly engaged in achieving service excellence to exceed guests' expectations.  

We are looking for dynamic and committed talent to join their Revenue & Reservations Department.

Summary of Position: 

•    The primary responsibility of this position is analysis of revenue maximization efforts for rooms revenue streams of the hotel. Maintenance of Revenue Management standards; specific review and measurement of revenue performance against established goals.

•    Responsible for overall development and implementation of rate and occupancy. Monitor group and transient business thresholds to ensure measurable improvements for demand and availability. Work with each department to develop specific strategies to ensure positive growth. Conducts analysis of city-wide and special events, implements Revenue Management strategies to maximize demand generators. Closely monitors competitors for shift in demand, rate and strategy.

Scope of Responsibilities:

Reporting to the Hotel Manager, the job responsibilities include, but not limited to:

•    Maximize room revenue contribution through a thorough understanding of all distribution channels and management of both inventories and rates.

•    Ensure execution of effective Revenue Management strategies & pro-actively monitor the progress to ensure implemented strategies achieve desired market indexes such as RevPar, RGI etc.

•    Lead the Reservations Team to determine effective and engaging rate offers (packages) which are then offered to the right customer at the right channel and ensuring KPIs (Mystery guests target score) are met or exceeded.

•    Monitor transient, group and tour booking pace in order to determine effective pricing and availability controls for all reservation distribution sources.

•    Work closely with Director of Sales and Sales Team to encourage strategic selection of the right piece of business and best mix of negotiated accounts groups.

•    Play an active role in the Strategic Planning, Marketing Plan and budgeting processes.

•    Constantly analyze data studies such as length of stay, day of week pattern and rooms categories occupancy etc and review the necessary action plans to management.

•    Implement revenue enhancing marketing initiatives such as establishing brand tactical promotion campaigns including EDMs

•    Take on special ad hoc projects as assigned by General/Hotel Manager.

•    Perform any other duties as may be assigned from time to time by the Management.

Requirements:

•    Recognised degree in Business Management / Data Science and Analytics.

•    Minimum years of relevant experience preferably in the hospitality, travel or F&B industry.

•    Proven records of success in developing and implementing revenue and reservations optimization strategies in the hospitality industry.

•    Upholding the Hotel's 5-star brand & image so as to deliver a consistent 5-star experience.

•    Upholds the Hotel's core values at all times.

•    Able to work independently and a good team player.

•    Able to commence work within short notice.

An updated CV in MS Word format stating expected salary and Notice Period shall be much appreciated.  Only shortlisted candidates shall be contacted to access further suitability.

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