Online Travel Agent

As a Revenue Executive in the hospitality industry, you will play a critical role in maximizing revenue and optimizing profitability for the organization. Your primary responsibility will be to analyze market trends, competitor pricing strategies, and demand factors to develop effective pricing and revenue management strategies. Here is an overview of your duties and responsibilities:
Revenue Analysis: Conduct comprehensive analysis of historical data, market trends, and demand forecasts to identify opportunities for revenue optimization. Utilize various analytical tools and methodologies to extract insights and make data-driven decisions.

Pricing Strategy: Develop and implement dynamic pricing strategies based on demand fluctuations, seasonality, and market conditions. Monitor pricing trends and adjust rates accordingly to maximize revenue while maintaining competitiveness within the market.

Inventory Management: Manage room inventory effectively by forecasting demand and allocating inventory across different distribution channels. Optimize inventory allocation to ensure maximum revenue potential and minimize the risk of overbooking or underselling.

Distribution Channel Management: Monitor and manage distribution channels including online travel agencies (OTAs), direct bookings, and other sales channels. Implement strategies to optimize channel mix and reduce distribution costs while maximizing revenue.

Revenue Reporting: Generate regular reports and performance metrics to track revenue performance, market share, and other key performance indicators. Provide insights and recommendations based on analysis to support decision-making and strategic planning.

Collaboration: Collaborate with sales, marketing, and operations teams to align revenue management strategies with overall business objectives. Communicate effectively across departments to ensure seamless execution of revenue initiatives.

Forecasting and Budgeting: Assist in the development of revenue forecasts and budgets based on historical data and market trends. Monitor actual performance against forecast and make adjustments as necessary to achieve revenue targets.

Training and Development: Stay updated on industry trends, best practices, and technological advancements in revenue management. Provide training and support to team members to enhance their understanding of revenue management concepts and tools.

Customer Satisfaction: Ensure pricing and revenue management strategies are aligned with customer expectations and satisfaction. Monitor customer feedback and adjust strategies as needed to enhance the overall guest experience.

Compliance: Ensure compliance with industry regulations and company policies related to pricing, revenue management, and distribution practices.

Qualifications:
Bachelor's degree in Hospitality Management, Business Administration, Finance, or related field.

Previous experience in revenue management, pricing analysis, or related roles within the hospitality industry.

Strong analytical skills with the ability to interpret complex data and make strategic recommendations.

Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.

Proven ability to work under pressure and meet tight deadlines in a fast-paced environment.

Certification in revenue management (e.g., CRME) is a plus.

Join our team and contribute to the success of our organization by maximizing revenue and delivering exceptional value to our guests.

**Salary**: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

Work Location: In person

**Speak with the employer**

+91 8076302514