Director of Revenue Strategy

1 week ago


Singapore Marriott International, Inc Full time

**Additional Information**
**Job Number**25088950
**Job Category**Revenue Management
**Location**The Westin Singapore, 12 Marina View, Singapore, Singapore, Singapore, 18961
**Schedule**Full Time
**Located Remotely?**N
**Position Type** Management

**JOB SUMMARY**

Responsible for balancing the financial objectives of different lodging products to maximize total revenues and profit associated with guest rooms. Position is accountable for pricing, positioning and inventory of all hotels within area of purview. Develops and recommends sales strategy for pricing of the transient customer, wholesale, and group segments. Identifies new revenue opportunities and effectively communicates sales strategy and pricing to all key stakeholders. Maintains productive relationships with stakeholders, including hotel General Managers, sales leaders, franchisees and owners.

**CANDIDATE PROFILE**

**Education and Experience**
- 2-year degree from an accredited university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major; 1 year experience in the revenue management, sales and marketing, or related professional area.

OR
- 4-year bachelor's degree from an accredited university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major; no work experience required.

**CORE WORK ACTIVITIES**

**Analyzing and Reporting Revenue Management Data**
- Analyzes information, identifies current and potential problems and proposes solutions.
- Analyzes period end and other available systems data to identify trends, future need periods and obstacles to achieving goals.
- Generates updates on transient segment each period and continually analyzes transient booking patterns.
- Assists with account diagnostics process and validates conclusions.
- Maintains accurate reservation system information.
- Checks distribution channels regularly for hotel positioning, information accuracy and competitor positioning.
- Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
- Generates and provides accurate and timely results in the form of reports, presentations, etc.
- Observes, receives, and otherwise obtains information from all relevant sources.
- Submits reports in a timely manner, ensuring delivery deadlines.
- Analyzes weekly and monthly STAR information to assist in analyzing past strategies; identifies areas needing improvement, identifies competitor set strengths, and develops strategies to best capture available Market Share.
- Analyze STAR information to assist in development of RevPAR Index forecasts.
- Generates yearly room revenue budget.

**Managing Revenue Management Strategy**
- Provides critical input to property leaders for development of market sales strategy.
- Provides revenue management functional expertise and leadership to general managers and property leadership teams
- Implements and evaluates revenue tests.
- Ensures that sales strategies and rate restrictions are communicated, implemented and modified as market conditions fluctuate.
- Assists hotels with pricing and provides input on business evaluation recommendations.
- Provides recommendations to improve effectiveness of revenue management processes.
- Ensures property diagnostic processes (PDP) are used to maximize revenue and profits.

**Building Successful Relationships**
- Communicates brand initiatives, demand and market analysis to hotels/clusters/franchise partners/owners.
- Communicates market direction to revenue management, sales and hotel leaders.
- Develops constructive and cooperative working relationships with others, and maintains them over time.
- Develops and manages internal key stakeholder relationships.
- Provides targeted and timely communication of results, achievements and challenges to the stakeholders.

**Additional Responsibilities**
- Informs and/or updates executives, peers and subordinates on relevant information in a timely manner.
- Enters, transcribes, records, stores, or maintains information in written or electronic form.
- Works with other people to gather the information necessary to manage projects, achieve goals, and resolve problems.
- Demonstrates knowledge of job-relevant issues, products, systems, and processes.
- At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law._



  • Singapore Marriott International Full time

    **JOB SUMMARY** Responsible for balancing the financial objectives of different lodging products to maximize total revenues and profit associated with guest rooms. Position is accountable for pricing, positioning and inventory of all hotels within area of purview. Develops and recommends sales strategy for pricing of the transient customer, wholesale, and...


  • Singapore Marriott International, Inc Full time

    **Job Number** 23098372 **Job Category** Revenue Management **Location** Singapore Regional Office, 2 Harbourfront Place #06-08, Singapore, Singapore, Singapore **Schedule** Full-Time **Located Remotely?** N **Relocation?** Y **Position Type** Management **JOB SUMMARY** The Area Director of Revenue Strategy (ADRS) - Singapore & Maldives provides...


  • Singapore STARWOOD ASIA PACIFIC HOTELS & RESORTS PTE. LTD. Full time

    Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. We believe a great career is a journey of discovery and exploration. So, we ask, where will your journey take you? **REPORTING LINE**: The Area Director of Revenue Strategy Singapore, Malaysia & The Maldives...


  • Singapore CAPELLA HOTEL GROUP PTE. LTD. Full time

    **JOB SUMMARY** The Vice President, Revenue and Distribution functions as the strategic business leader of the Revenue & Distribution discipline for Capella Hotel Group. The role is providing leadership to the property Director of Revenue Management and overseas the revenue, pricing and inventory strategy of each hotel. Provides a holistic approach to...


  • Singapore SOUTH BEACH INTERNATIONAL HOTEL MANAGEMENT PTE. LTD. Full time

    **JOB SUMMARY** This position works closely with the General Managers and shared service revenue team to ensure proper strategies are in place to optimize total hotel revenue, including pricing strategy, mix management, inventory management stragies and business evaluation approaches that drive profitable revenue and RevPar Index. Oversees total hotel(s)...


  • Singapore Shangri-La Hotels Full time

    Are you a strategic thinker with a passion for maximizing revenue in the hospitality industry? Do you have a proven track record of implementing effective pricing and revenue management strategies? If so, an exciting opportunity awaits you at our properties as the Director of Revenue Optimization. The Director of Revenue Optimization is a multi-property...


  • Singapore Preferred Travel Group Full time

    General Summary The Director, Hotel Revenue Optimization (HROD) ensures maximum revenue generation for hotels within the region through effective use of the Preferred Hotels & Resorts (PHR) Central Reservation System and distribution channels. The HROD is an active part of the regional team responsible for the growth of hotels, revenue generation to the...

  • Director of Revenue

    4 days ago


    Singapore NEW PARK PROPERTY PTE. LTD. Full time

    **Director of Revenue** Reporting to the General Manager, the Director of Revenue is responsible for driving total hotel profit optimization using a rational, disciplined decision-making process, while managing risk under current and anticipated market conditions. He/ she will successfully balance inventory and demand for all hotel revenue streams to...


  • Singapore MARINA BAY HOTEL PRIVATE LIMITED Full time

    The Director of Revenue Management is responsible for leading the development and implementation of revenue strategies, techniques, best practices, and driving total revenue management across the Hotel. He/she is responsible for pricing, inventory management, and analysis in line with Hotel and MOHG standards and policies. **Major responsibilities** -...


  • Singapore IRA Inland Revenue Authority of Singapore Full time

    [What the role is] **[What you will be working on]** - Manage the collection and refund of tax revenue and government payouts through electronic and non-electronic means - Ensure compliance in accounting and internal control practices and guidelines - Improve work practices and operational procedures through data analytics and innovation - Conduct data...