Revenue Executive

2 days ago

Gurugram Haryana, India SaltStayz Hospitality Pvt. Ltd. Full time

Responsibilities:

- Implement revenue management operations, procedures and best practices.
- Identify new revenue opportunities.
- Optimize and expand distribution partnerships.
- Challenge and influence hotel to improve service level and operational standards.
- Oversee revenue management and distribution strategy of the hotel and manage day to day yield operations
- Daily pick-up analysis, strategy adjustments and reporting
- Perform competitive benchmark studies and follow market trends
- Create and maintain a rolling demand calendar
- Provide a weekly dynamic forecast of expected results, variances and budget comparisons
- Manage and oversee strategy for all 3rd party distribution
- Responsible for assessing, analysing and pricing group business strategies
- Analyze overall monthly hotel performance and provide a summary report with recommendations to improve long-term strategies
- Ensure all related systems are configured correctly, validated and working to full capacity
- Ensure web site booking process is maintained up-to-date and functional
- Regularly check the input and the quality of data (segmentation, denials tracking, etc ) points
- Conduct quarterly property performance reviews and develop strategic and tactical action
- Responsible for best practice standards to include: competitor analysis; environmental scanning; market modelling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concepts
- Evaluate the performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc )
- Reduce the cost of distribution by finding new less expensive means of delivering business
- Prepare an outline for and support the annual revenue budget process
- Comply with all federal, state and local regulatory guidelines and laws
- Inspire Hotel’s HODs to further embed a revenue management culture

**Job Types**: Full-time, Permanent

Pay: From ₹25,000.00 per month

**Benefits**:

- Food provided
- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Quarterly bonus

**Experience**:

- total work: 1 year (required)

Work Location: In person

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