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Revenue Management Professional

1 month ago

Chennai, Tamil Nadu, India Accor Full time

Accor is the leading Augmented Hospitality hotel group offering unique and meaningful experiences in more than 5100 hotels across 110 countries.

As a key member of our team, you will have the opportunity to be part of a world-preferred hospitality company.

Captivating and rewarding experience working alongside passionate professionals

Range of exclusive Heartist Benefits

**Key Responsibilities:**

  • Implement RM methods in a dedicated hotel to maximize turnover in accordance with hotel strategies, brand's marketing, and customer's needs.
  • Have all revenue management processes in place in the hotel, implementing the Director Revenue Manager strategy on a daily basis, updating planning, quoting groups, and alerting the Director Revenue Manager when the market deviates from strategy.
  • Help to reach and beat the operational turnover budget of the hotel.
  • Support the Director Revenue Manager in creating the strategy, with proper analysis, and work effectively with the implemented revenue management system.
  • Communicate processes to follow in terms of booking quality and correct data input into the PMS, toward the reservation and front office team.
  • Regularly check the input and the quality of data (segmentation, denials tracking, etc).
  • Update the event database (e.g. in RMS).
  • Analyze the hotel performance in the RMS as a basis for strategy decisions.
  • Survey the market and competitors in terms of pricing and closed dates as a basis for future pricing strategies.
  • Analyze the contract performance (price, allotments, number of rooms sold, etc) before decisions on renewals are taken.
  • Act as a support in the preparation of the annual revenue budget.