Revenue Executive

4 days ago

Navi Mumbai, Maharashtra, India Monarch Group Of Hotels Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Key Responsibilities

  • Revenue Management & Strategy: Develop and implement pricing and yield strategies to maximize revenue across all rooms and distribution channels.
  • Forecasting & Analysis: Conduct daily pick-up analyses, create rolling demand calendars, and provide weekly and monthly dynamic forecasts of expected results, variances, and budget comparisons.
  • Market Research & Competitor Benchmarking: Perform competitive benchmarking, monitor market trends, and analyze sales data, booking patterns, and customer behavior to identify pricing opportunities.
  • Data Integrity & Systems Management: Ensure accurate data input and quality across revenue management systems, validate system configurations, and maintain updated, functional web processes.
  • Distribution Channel Management: Oversee inventory management across all distribution channels, including managing and auditing relationships with third-party platforms (OTAs).
  • Reporting & Performance Monitoring: Prepare regular performance reports, dashboards, and summaries for senior management, monitoring key performance indicators (KPIs) like occupancy rates and Average Revenue Per User (ARPU).
  • Collaboration: Work in liaison with and support the sales, marketing, and reservations departments to align promotional strategies with revenue goals.

Required Skills & Qualifications

  • Analytical Skills: Strong data analysis skills to interpret performance data, forecast trends, and inform strategic decisions.
  • Revenue Management Tools: Experience with various revenue management systems, online channel management tools, and hotel system setups.
  • Market Knowledge: Deep understanding of the hospitality market, competitor strategies, and local market trends in Mumbai.
  • Collaboration & Communication: Ability to work effectively with different departments and communicate performance insights clearly.
  • Data-Driven Approach: A focus on using data and insights to make informed adjustments to strategies and drive profitability.

Preferred candidate profile

  • Resident of nearby location, who can travel to Vashi daily.

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