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Revenue Optimization Specialist
3 weeks ago
We are seeking a highly analytical and strategic Area Revenue Manager to join our well-renowned hotel group. As a key member of the revenue management team, you will be responsible for optimizing room revenue through effective pricing, inventory management, and distribution strategies.
About the Role
As an Area Revenue Manager at Hotel Talent, you will analyze and drive revenue performance across all revenue-generating areas, such as Accommodation, Leisure Club, Meeting & Events, and Food & Beverage. You will implement pricing strategies to maximize room revenue and optimize inventory and yield. Additionally, you will identify revenue opportunities across all hotel departments and analyze market trends, competitor pricing, and demand forecasts to adjust rates.
Responsibilities
- Develop and implement pricing strategies to maximize room revenue and optimize inventory and yield.
- Analyze market trends, competitor pricing, and demand forecasts to adjust rates.
- Identify revenue opportunities across all hotel departments.
Data Insights & Reporting
- Analyze revenue data and prepare regular performance reports.
- Collaborate with finance, sales, and operations for accurate forecasting.
- Provide insights on booking patterns, segmentation, and distribution.
Channel & Distribution Strategy
- Optimize distribution channels for rate parity and availability.
- Enhance the hotel's website to boost direct bookings.
- Work with marketing teams to align strategies and improve third-party platform performance.