
Senior Revenue Optimization Specialist
2 days ago
Please find the below job opportunity.
Role – Revenue Optimization Specialist
Designation – Senior Manager
Location – Mumbai Or Delhi
Experience – 5-10 years
Key Responsibilities:- Analyze short- and long-term forecasting, Analyze trends in group inventories & rates to include occupancy, goals, product line and strategic sales goals.
- Analyze and monitor marketing channels, key and other account production. Ensure that all major channels of distribution effectively support the product and maintain rate parity.
- Review future booking & evaluate trends
- Update all channels of distribution as needed with rate or inventory restrictions.
- Develop region-specific strategies to ensure growth. Establish appropriate goals and benchmarks to effectively measure performance.
- Monitor and analyze the competition weekly through various channels, internet, news reports to identify selling strategies and emerging trends.
- Explore and provide variations in the market mix which would stimulate additional revenue without increasing costs.
- Maintain software programs contributing to revenue management.
- Implement Revenue Management basics and standards. Automate and streamline consultations as well as document action plans.
- Foster a culture of Revenue Management throughout all departments.
- Develop succession planning for Revenue Management talent
- Hold MBA / Post Graduate in Finance & Revenue Management preferred.
- A minimum of ten years experience with travel / airline/ hotel industry & with three to five years in Revenue Management.
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