
Business Growth Leader
2 weeks ago
The primary objective of this role is to analyze and develop strategies for revenue maximization across various business streams.
Maintain and enforce Revenue Management standards; conduct regular review and measurement of business performance against established goals.
Monitor market trends within a 2-3 year forecast to ensure measurable improvements in demand and availability.
Collaborate with regional teams to design and implement specific growth strategies.
Conduct analysis of city-wide events and implement Revenue Management strategies to maximize demand generators.
Regularly monitor competitors for shifts in demand, rates, and strategy.
Key Responsibilities:
- Analyze short-term and long-term forecasting data.
- Examine trends in group inventory and rates, including occupancy, product line, and strategic sales goals.
- Review future bookings and evaluate trends.
- Update all distribution channels as needed with rate or inventory restrictions.
- Develop region-specific strategies to drive growth.
- Regularly monitor and analyze the competition through various channels, internet, and news reports to identify selling strategies and emerging trends.
- Explore and propose variations in the market mix that would stimulate additional revenue without increasing costs.
- Maintain software programs contributing to Revenue Management.
- Implement Revenue Management basics and standards.
- Develop succession planning for Revenue Management talent.
Required Skills:
- Knowledge of hospitality sales, marketing, and other revenue management functions.
- Excellent communication and organizational skills.
- Proficient in Microsoft Word, Excel, and PowerPoint.
- Skilled in statistical and competitive analysis.
- Strong interpersonal skills.
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