Hotel Revenue Executive

4 weeks ago

Bengaluru, India sysotel.ai Full time

Job Responsibilities & Duties

  • Oversee revenue management and distribution strategy of the hotel and manage day-to-day yield operations.
  • Daily pick-up analysis, strategy adjustments, and reporting.
  • Create and maintain a 12-month rolling demand calendar.
  • Create and develop pricing strategies in conjunction with the individuality of each hotel.
  • Provide a weekly dynamic forecast of expected results, variances, and budget comparisons.
  • Manage and oversee strategy for all 3rd party distribution
  • Responsible for assessing, analyzing, 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
  • Oversee and audit the standards and operations of the reservations department.
  • Ensure the website booking process is maintained up-to-date and functional.
  • Ensure hotel personnel are fully competent in the use of all systems
  • Regularly check the input and the quality of data (segmentation, tracking, etc.) points.
  • Conduct quarterly property performance reviews and develop strategic and tactical action
  • Responsible for best practice standards to include competitor analysis, market modeling, distribution yield management, inventory availability by channel, pricing control, and new pricing concepts
  • Prepare an outline for and support the annual revenue budget process.
  • Inspire Hotels HODs to further embed a revenue management culture.
  • Advise and coach the client in other operational areas.
  • Visit the hotels to get first-hand knowledge of all revenue management issues and other key areas.
  • Any other reasonable requests made by management.

Personality

  • Business Development and commercial minded.
  • Strong sense of need for achievement of goals and success.
  • Sound ability and knowledge to develop standards of operations and strategic processes
  • Good analytical and numeric skills for fast data crunching.
  • Ability to work under my own initiative in a highly pressured environment.
  • Good listening skills and the ability to anticipate business needs.
  • Able to develop relationships with 3rd parties and hotel teams.
  • Capacity to read situations, understand environments and respond accordingly
  • Capable of prioritizing between revenue-generating actions and time-consuming tasks with low yield impact.
  • Well-developed interpersonal, adaptive influencing, and supervisory management skills
  • Willingness to travel and ability to interact professionally with other cultures
  • The mentality of client service and taking responsibility beyond direct duties.
  • High level of motivation, determination, and commitment.

Experience & Qualifications

  • 2 3 years of hands-on Hotel Revenue Management experience.
  • A strong command of both written and spoken English is required; additional languages are an asset.
  • Bachelor's or masters degree in Hotel Management, Tourism, or Economic Studies.
  • Highly computer literate with a high-level command of Excel.
  • Knowledgeable of hotel technology: PMS, Channel Manager, Extranets

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