Revenue Manager

1 week ago

Tumkūr, India Royal Orchid Hotels Full time

1. Revenue Strategy & Forecasting - Develop and implement pricing strategies across all revenue streams. - Create accurate short-term and long-term forecasts for occupancy, revenue, and market demand. - Monitor competitor pricing, market trends, and demand fluctuations. 2. Inventory & Pricing Management - Optimize room inventory allocation across all distribution channels (OTA, direct, GDS, corporate). - Manage rate parity and integrity across all platforms. - Ensure yield management techniques are effectively applied. 3. Performance Analysis & Reporting - Analyze daily, weekly, and monthly revenue performance reports (e.G., STR, PMS reports). - Track key performance indicators: RevPAR, ADR, Occupancy, GOPPAR, etc. - Present insights to senior management and suggest corrective actions where needed. 4. Collaboration & Stakeholder Alignment - Work closely with Sales, Front Office, Reservations, and Marketing to align strategies. - Guide reservations team to adopt best practices in upselling and revenue conversion. - Coordinate with digital marketing team to ensure strategic online visibility and rate competitiveness. 5. System Management - Ensure optimal usage and accuracy of all revenue systems: PMS, CRS, RMS, Channel Manager, and OTA extranets. - Drive system audits, rate code rationalization, and configuration alignment. Key Skills: - Deep understanding of hotel revenue management concepts - Strong analytical and forecasting abilities - Expertise in Excel, RMS tools (e.G., IDEAS, Duetto, RateGain), PMS (e.G., Opera, IDS, eZee) - Knowledge of distribution platforms and booking engines - Strategic thinking with commercial acumen - Strong communication and leadership skills

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