Revenue manager/Asst. Revenue manager

4 weeks ago

mumbai, India Della Adventure & Resorts Pvt Ltd Full time
Job Description:
We are seeking a dynamic and analytical Revenue Manager to join our team at Della Adventure and Resorts. The Revenue Manager will play a crucial role in maximizing revenue and optimizing profitability across all revenue streams of the resort. The ideal candidate will possess strong analytical skills, a deep understanding of market trends, and the ability to develop and implement effective revenue management strategies.
Key Responsibilities
Develop and implement revenue management strategies to maximize revenue and profitability across all revenue streams including rooms, dining, adventure activities, spa, and events.
Analyze market trends, competitor pricing, and demand patterns to identify revenue opportunities and adjust pricing and inventory strategies accordingly.
Utilize revenue management systems and tools to forecast demand, set pricing strategies, and manage inventory effectively.
Monitor and analyze key performance metrics such as RevPAR, ADR, occupancy rates, and market share to identify areas for improvement and drive revenue growth.
Work closely with sales, marketing, and operations teams to develop promotional strategies, packages, and campaigns to drive demand and optimize revenue.
Conduct regular revenue meetings with department heads to review performance, discuss strategies, and identify opportunities for improvement.
Develop and maintain strong relationships with online travel agencies (OTAs), travel agents, corporate clients, and other distribution channels to maximize revenue opportunities.
Ensure accurate and timely reporting of revenue performance, forecasts, and projections to senior management.
Stay updated on industry trends, best practices, and emerging technologies in revenue management to drive continuous improvement and innovation.
Train and mentor revenue management team members to ensure a high level of competency and effectiveness in revenue management practices.
Qualifications
Bachelor's degree in Hospitality Management, Business Administration, Economics, or related field. Master's degree preferred.
Minimum of 3-5 years of experience in revenue management, preferably in the hospitality industry.
Strong analytical skills with the ability to interpret data, identify trends, and make data-driven decisions.
Proficiency in revenue management systems and tools such as property management systems (PMS), revenue management software, and business intelligence tools.
Excellent communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams.
Strategic thinking and problem-solving skills with a focus on driving results and achieving targets.
Minimum Qualification: Bachelor's degree in Hospitality Management, Business Administration, Economics, or related field. Master's degree preferred. Minimum Job Experience: Minimum of 3-5 years of experience in revenue management, preferably in the hospitality industry. Reporting to: Director Travel: Yes if required Apply Now

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