Revenue Manager

2 weeks ago


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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