
Chief Revenue Strategist
3 days ago
Are you a strategic thinker with expertise in revenue management?
Job OpportunityWe are seeking an experienced Revenue Manager to lead our revenue growth efforts.
The primary responsibility of this position is to analyze and maximize revenue streams across various business channels. This involves maintaining revenue management standards, reviewing business performance against established goals, and monitoring trends within a two- to three-year forecast to ensure measurable improvements in demand and availability.
Key Responsibilities:- Analyze short- and long-term forecasting, trends in group inventories & rates, occupancy, goals, product line, and strategic sales goals.
- Monitor marketing channels, key and other account production, and ensure that all major channels of distribution effectively support the product and maintain rate parity.
- Review future booking and evaluate trends.
- Update all channels of distribution as needed with rate or inventory restrictions.
- Work with each region to 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 and assist with implementation of Revenue Management basics and standards.
- 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.
- Excellent opportunities for professional development and growth.
- Familiarity with hospitality sales, marketing, and other revenue management functions, including research, planning, market positioning, market segments, internal marketing, distribution channels, sales management, reservations, and yield management.
- Strong oral and written communication & organization skills.
- Proficient in Microsoft Word, Excel, and PowerPoint.
- Proficient at statistical and competitive analysis.
- Ability to work well under deadline pressure.
- Ability to quickly adapt to a constantly changing market.
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