Revenue Manager
2 days ago
Job Title: Revenue Manager
Location: Bangalore
Job Type: Full Time (On Site)
Work Schedule: Monday to Saturday
Salary: ₹40,000 - ₹70,000 per month
Key Responsibilities
- Develop and implement revenue management strategies to optimize pricing, inventory, and distribution across all properties.
- Monitor market trends, competitor pricing, and demand forecasts to adjust rates and promotions dynamically.
- Manage Online Travel Agencies (OTAs) such as , Airbnb, Expedia, and others to ensure optimal visibility and performance.
- Oversee the use of channel management software (e.g., SiteMinder, Cloudbeds, or similar) to synchronize inventory, rates, and reservations across multiple platforms.
- Lead and mentor a team of 3-4 revenue analysts or coordinators, providing guidance, training, and performance evaluations.
- Analyze performance data using tools like revenue management systems (RMS), Google Analytics, or property management software to generate reports and insights.
- Collaborate with operations, marketing, and sales teams to align revenue goals with overall business objectives.
- Identify opportunities for upselling, cross-selling, and revenue diversification in the short-term rental and serviced apartment sector.
- Ensure compliance with industry standards, pricing regulations, and company policies.
Qualifications and Requirements
- Bachelor's degree in Hospitality Management, Business Administration, or a related field (preferred).
- Minimum 2-3 years of experience as a Revenue Manager in the hotel, short-term rental, or serviced apartment industry.
- Proven experience in a similar field, with a strong understanding of hospitality revenue principles.
- Demonstrated ability to lead and manage a team of 3-4 people, including delegation, motivation, and conflict resolution.
- Expertise in handling OTAs and channel managers, with hands-on experience in optimizing listings and resolving integration issues.
- Strong analytical skills with proficiency in revenue management tools, Excel, and data visualization software.
- Excellent communication and interpersonal skills to collaborate across departments.
- Ability to thrive in a fast-paced environment and adapt to seasonal demand fluctuations.
Job Type: Full-time
Pay: ₹40, ₹70,000.00 per month
Work Location: In person
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