Revenue Manager- Hotels

4 weeks ago

delhi, India CYC Group Full time
Job Description: Revenue Manager
Position: Revenue Manager
Location: Kolkata
Company: CYC Hotels (CYC Group)
About CYC Hotels:
CYC Hotels is a premier hospitality brand known for its Budget to luxurious accommodations and exceptional guest experiences. Our properties offer a blend of modern amenities and timeless elegance, attracting discerning travelers from around the globe. We are committed to delivering unparalleled service and creating memorable stays for our guests.
Position Overview:
The Revenue Manager at CYC Hotels is responsible for maximizing the revenue and profitability of our hotel properties by implementing effective pricing strategies, analyzing market trends, and optimizing revenue management systems. This role requires a deep understanding of market dynamics, customer behavior, and data analytics. The Revenue Manager will work closely with various departments, including sales, marketing, and operations, to ensure a cohesive and strategic approach to revenue management.
Key Responsibilities:
Revenue Strategy Development:
Develop and implement dynamic pricing strategies to maximize revenue and market share across CYC Hotels.
Analyze market trends, competitor pricing, and customer demand patterns to inform pricing decisions.
Forecast revenue and monitor performance against budgeted targets, making adjustments as necessary.
Data Analysis and Reporting:
Utilize revenue management systems to analyze data and generate actionable insights.
Create and maintain regular reports on key performance indicators (KPIs), including occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR).
Conduct regular audits to ensure data accuracy and integrity.
Inventory and Pricing Management:
Optimize room inventory allocation and pricing strategies to balance supply and demand effectively.
Implement dynamic pricing models based on real-time market conditions and historical data.
Coordinate with the sales team to manage group bookings and negotiate contracts.
Collaboration and Communication:
Work closely with the marketing team to develop promotional campaigns and special offers to drive occupancy and revenue.
Collaborate with the sales department to align revenue strategies with sales goals and initiatives.
Provide training and support to front-line staff on revenue management principles and practices.
Market Research and Competitive Analysis:
Conduct thorough market research to identify new revenue opportunities and trends.
Monitor competitor activities and adjust pricing strategies accordingly.
Stay updated on industry trends, technological advancements, and economic conditions affecting the market.
System Management:
Oversee the implementation and maintenance of revenue management systems and tools.
Ensure systems are configured correctly and are fully utilized for optimal performance.
Troubleshoot and resolve any issues related to revenue management systems.
Customer Relationship Management:
Develop and maintain relationships with key clients and partners.
Address customer inquiries and concerns related to pricing and availability.
Implement feedback mechanisms to gather customer insights and improve service offerings.
Qualifications:
Bachelor’s degree in Hospitality Management, Business Administration, Finance, or a related field.
Minimum of 3-5 years of experience in revenue management, preferably in the hospitality industry.
Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
Proficiency in revenue management software and tools (e.g., RMS, PMS, CRS).
Excellent communication and interpersonal skills.
Strong organizational skills and attention to detail.
Ability to work independently and as part of a team.
Proficiency in Microsoft Office Suite, particularly Excel.
Preferred Qualifications:
Master’s degree in a related field.
Certification in Revenue Management (e.g., CRME, CHRM).
Experience with advanced statistical and forecasting techniques.
Familiarity with digital marketing and e-commerce strategies.
Working Conditions:
This position typically operates in an office environment.
Occasional travel may be required for industry conferences, client meetings, or site visits.
Flexible working hours may be necessary to meet the demands of the business.
'
Application Process:
Interested candidates should submit their resume and a cover letter detailing their relevant experience and qualifications to
Equal Opportunity Employer:
CYC Hotels is an equal opportunity employer and values diversity in the workplace. We encourage all qualified individuals to apply, regardless of race, gender, disability, or any other protected status.
This job description outlines the responsibilities and qualifications for the Revenue Manager position at CYC Hotels, emphasizing the need for strategic revenue management, data analysis, and cross-departmental collaboration. It aims to attract experienced professionals who can contribute to the company's financial success and uphold its reputation for excellence.

  • Revenue Manager

    6 days ago

    Delhi, India The Postcard Hotel Full time

    Company Description The Postcard Hotel is an intimate and experiential boutique hotel chain with various hotels across India, Bhutan, and Sri Lanka. Led by a group of carefully chosen hospitality talent with experience in the best hospitality names in India and the world, The Postcard Hotel offers immersive and luxuriously curated holidays. It is built for...

  • Director of Revenue Management, ibis

    1 week ago

    delhi, India Accor Full time

    Company DescriptionJob Description Job Summary: This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals. Drive Topline Performance: Lead the revenue management team...

  • Director of Revenue Management, ibis

    1 week ago

    Delhi, India Accor Full time

    Company Description Job Description Job Summary: This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals. Drive Topline Performance: Lead the revenue management team...

  • Hotel Revenue Management Executive

    3 weeks ago

    Delhi, India ProfitableRooms Full time

    Position: Revenue Management Executive 25k to 35k per monthLocation: Sushant Lok 1, Gurgaon. Walking distance from Iffco Chowk Metro stationJob Description:We are seeking a talented Revenue Management Executive to join our dynamic team. As a Revenue Management Executive, you will play a crucial role in maximizing revenue and optimizing occupancy for our...

  • Hotel Revenue Management Executive

    3 weeks ago

    Delhi, India ProfitableRooms Full time

    Position: Revenue Management Executive 25k to 35k per monthLocation: Sushant Lok 1, Gurgaon. Walking distance from Iffco Chowk Metro stationJob Description:We are seeking a talented Revenue Management Executive to join our dynamic team. As a Revenue Management Executive, you will play a crucial role in maximizing revenue and optimizing occupancy for our...

  • Director of revenue Management

    3 weeks ago

    delhi, India Accor Full time

    Company DescriptionJob Description Drive Topline Performance: Lead the revenue management team and collaborate with hotel leadership to achieve revenue budgets and market share targets.Analyze market and hotel data to create and implement pricing strategies, including tactical campaigns and promotions.Conduct monthly performance reviews and guide hotels on...

  • Director of Revenue Management, ibis

    3 weeks ago

    new delhi, India IBIS Full time

    Job Description  Job Summary: This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals. Drive Topline Performance: Lead the revenue management team and collaborate with hotel...

  • Director of Revenue Management, ibis

    3 weeks ago

    New Delhi, India IBIS Full time

    Job Description Job Summary:This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals.Drive Topline Performance:Lead the revenue management team and collaborate with hotel...

  • Director of Revenue Management, ibis

    1 week ago

    New Delhi, India IBIS Full time

    Job Description Job Summary:This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals.Drive Topline Performance:Lead the revenue management team and collaborate with hotel...

  • Director of Revenue Management, ibis

    1 week ago

    new delhi, India IBIS Full time

    Job Description  Job Summary: This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals. Drive Topline Performance: Lead the revenue management team and collaborate with hotel...

  • Director of revenue Management

    3 weeks ago

    New Delhi, India IBIS Full time

    Job DescriptionDrive Topline Performance:Lead the revenue management team and collaborate with hotel leadership to achieve revenue budgets and market share targets.Analyze market and hotel data to create and implement pricing strategies, including tactical campaigns and promotions.Conduct monthly performance reviews and guide hotels on strategies to maximize...

  • Assistant Manager-Revenue

    3 weeks ago

    Delhi, Delhi, India Marriott Full time

    Job Number Job Category Revenue ManagementLocation JW Marriott Hotel New Delhi Aerocity, Asset Area 4 - Hospitality District, New Delhi, Delhi, IndiaSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type ManagementJOB SUMMARYMaintains the transient rooms inventory for the hotel(s) and responsible for maximizing transient revenue. The Revenue Manager...

  • Assistant Manager-Revenue

    1 week ago

    Delhi, Delhi, India Marriott Full time

    Job Number Job Category Revenue ManagementLocation JW Marriott Hotel New Delhi Aerocity, Asset Area 4 - Hospitality District, New Delhi, Delhi, IndiaSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type ManagementJOB SUMMARYMaintains the transient rooms inventory for the hotel(s) and responsible for maximizing transient revenue. The Revenue Manager...

  • Assistant Manager-Revenue

    3 weeks ago

    New Delhi, India Marriott Full time

    Job Number 24087463 Job Category Revenue Management Location JW Marriott Hotel New Delhi Aerocity, Asset Area 4 - Hospitality District, New Delhi, Delhi, India Schedule Full-Time Located Remotely? N Relocation? N Position Type Management JOB SUMMARY Maintains the transient rooms inventory for the hotel(s) and responsible for...

  • Assistant Manager Revenue

    1 week ago

    delhi, India Accor Full time

    Company DescriptionJob Description Primary Responsibilities 1st primary responsibilities Multiple hotel responsibility for Revenue strategy. Communication with hotel teams (GM, Reservations, DOS) Monitor the results of the hotels and identify divergences. Responsible for Revenue performance and reporting. Support the GM in the creation of...

  • Assistant Manager Revenue

    1 week ago

    Delhi, India Accor Full time

    Company Description Job Description Primary Responsibilities 1st primary responsibilities Multiple hotel responsibility for Revenue strategy. Communication with hotel teams (GM, Reservations, DOS) Monitor the results of the hotels and identify divergences. Responsible for Revenue performance and reporting. Support the GM in the creation of...

  • Director of Revenue Management, ibis

    3 weeks ago

    Delhi, India Accor Full time

    Company Description Job Description Job Summary: This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals. Drive Topline Performance: Lead the revenue management team...

  • Director of Revenue Management, ibis

    3 weeks ago

    delhi, India Accor Full time

    Company DescriptionJob Description Job Summary: This role leads the revenue management strategy for 23 ibis and ibis styles hotels in India. You will oversee a team of analysts, develop pricing strategies, and analyze hotel performance to maximize topline revenue and achieve budget goals. Drive Topline Performance: Lead the revenue management team...

  • Assistant Manager Revenue

    2 months ago

    new delhi, India Accor Full time

    Company DescriptionJob Description Primary Responsibilities 1st primary responsibilities Multiple hotel responsibility for Revenue strategy. Communication with hotel teams (GM, Reservations, DOS) Monitor the results of the hotels and identify divergences. Responsible for Revenue performance and reporting. Support the GM in the creation of...

  • Assistant Manager Revenue

    2 months ago

    New Delhi, India Accor Full time

    Company Description Job Description Primary Responsibilities 1st primary responsibilities Multiple hotel responsibility for Revenue strategy. Communication with hotel teams (GM, Reservations, DOS) Monitor the results of the hotels and identify divergences. Responsible for Revenue performance and reporting. Support the GM in the creation of...