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Hotel Revenue Optimization Specialist

3 weeks ago


Mumbai, Maharashtra, India beBeeOptimization Full time ₹ 15,00,000 - ₹ 20,00,000

Unlock the Secrets to Maximizing Hotel Revenue and Yield

Job Description

A hotel revenue & OTA manager plays a vital role in driving business growth by optimizing online travel agency performance.

The ideal candidate will have excellent analytical skills, be able to think strategically, and possess exceptional communication skills to build strong relationships with OTA platforms and clients.

Key Responsibilities
  • Revenue & Yield Management:
    • Develop and implement effective strategies to maximize revenue opportunities through pricing and inventory adjustments.
    • Monitor market demand and competitor performance to stay ahead of the competition.
  • Inventory & Distribution Strategy:
    • Implement an efficient hotel inventory distribution strategy to ensure accurate rates and allotments are maintained across RMS/GDS/CRO and property PMS.
    • Manage both online and offline inventory while balancing core business requirements.
  • Market & Competitive Analysis:
    • Conduct thorough competitive and demand analysis to identify new revenue opportunities and challenges at specific properties.
    • Work with Compset, third-party partners data, and internal data to pinpoint potential areas for revenue generation.
  • OTA Relationships & Client Management:
    • Build and maintain strong client relationships with OTA platforms, negotiating deals including commissions, PLB, MIB, etc.
    • Resolve conflicts with OTA agents and their customers, ensuring service quality and customer satisfaction.
  • Content Management & Online Presence:
    • Regularly update and maintain hotel pages on OTA platforms, ensuring engaging and accurate descriptions, stunning photos, and consistent content.
    • Monitor and manage guest reviews, ensuring a 90%+ rating on OTA platforms to drive business visibility.
  • Operational Coordination & Reporting:
    • Collaborate with other functional departments and resorts to ensure smooth operations and efficient business processes.
    • Prepare MIS reports on a daily, weekly, and monthly basis to track revenue performance and opportunities.
    • Prepare annual budgets and near/long-term revenue forecasts for hotel performance.
  • Platform Expansion & New Business Opportunities:
    • Constantly evaluate new OTA platforms, assess their suitability, and onboard them for new business opportunities to expand the property's market reach.