Revenue Manager

3 weeks ago


Mumbai, Maharashtra, India iimjobs Full time
Revenue Manager- Hospitality/ Hotels/ Luxury Brands

We are currently looking to fill a Revenue Manager position with the topmost Hospitality services Conglomerate in India. The position is to be based in Mumbai.

Company Profile :


Our client is the topmost Hospitality services Group of India and is an integrated and diversified group with a portfolio of strong brands and leading market shares in all product/ service categories.

It employs the best talent in India and is one of the best employers to work for.

Job Profile

  • Monitors all segments booking pace in order to determine pricing and availability controls for all reservation distribution sources.
  • Analysis of competitive set pricing & yield strategies and predict the comp set reaction to changes in the marketplace.
  • Plays an active role in the Strategic Planning, Marketing Plan and budgeting processes.
  • Prepares and Chairs weekly Revenue Maximization Meeting.
  • Identify new areas for growth, develop project plan and implementation.
  • Prepare Daily, Weekly and Monthly reports and presentations (including Corporate, owner and Revenue meeting reports).
  • Establish and implement pricing, yield, and selling strategies for the hotel, based on market factors and company guidelines to correlate with the hotels monthly, yearly and ongoing strategic plan.
  • Manage Function space revenue management.
  • Closely monitor competitive pricing including packages & promotions and understand the impact of relative pricing decisions on property performance.
  • Monitor and maintain my Revenue Management System (IDeaS) to ensure its demand forecasting and pricing is as accurate as possible and supporting hotel strategies.
  • Complete daily/weekly/monthly/annual maintenance tasks in the Price Maximization system (IDeaS).
  • Setup the new promotion Including Rate & Package loading, Building Production Sheet and communicate to relevant operating departments.
  • Submission of Weekly forecast for three weeks and Monthly twelve months rolling forecast.
  • Provide rate structure to group sales team on all group leads by optimal usage of IDeaS tool and work to develop future strategy.
  • Update and Analysis Restaurant Revenue Management report using Avero and introduce incremental revenue generators to Food & Beverage Department.
  • Analyzing group activity, including denials, regrets, booking pace, wash, cut off enforcement and Group to rooms ratio.
  • Participate in hotel leadership committees.

Role Requirements :
a

Education/Qualification:
Post-graduate in Business Management or Hotel Management

b

Experience:
5 to 10 years- of relevant experience in Hotels, Hospitality, and Luxury brands

Salary:
Around Rs.25.0 LPA, although not a limiting factor

Location:
Mumbai

Interested candidates may furnish the following details :
Your latest updated CV as a word attachment :

Your current and expected Salary package :

Your willingness to relocate to Mumbai :
Lalit
Options India Group
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