04 Aug
|
Mantras2Success
|
Ahmedabad
04 Aug
Mantras2Success
Ahmedabad
Job Description:
We are seeking an experienced Hotel Revenue Management Specialist with working knowledge of FOSSE and Opera property management systems to join our team and optimize revenue performance.
Rate Management:
- Daily Monitor competitor rates and market demand to adjust room rates dynamically.
- Implement pricing strategies such as dynamic pricing, yield management, and segmentation to maximize revenue potential.
Revenue Analysis:
- Begin the day by reviewing the previous day's revenue performance for rooms, food and beverage, and other income.
- Analyze key performance indicators (KPIs) such as occupancy rates, average daily rate (ADR), revenue per available room (RevPAR), and total revenue to assess the hotel's financial performance.
Group Revenue Management:
- Manage group pricing and inventory to maximize revenue while ensuring optimal utilization of hotel facilities.
- Provide group rate proposal, negotiate group contracts and pricing terms.
Revenue Meetings:
- Attend daily or weekly revenue management meetings to discuss performance, strategy adjustments, and action plans.
- Collaborate with cross-functional teams to address revenue-related challenges and opportunities.
Distribution Channel Management:
- Monitor and manage distribution channels such as online travel agencies (OTAs), global distribution systems (GDS), direct bookings, and corporate contracts.
- Optimize the channel mix to minimize distribution costs and maximize revenue contribution.
Data Analysis and Reporting:
- Compile and analyze revenue data from various sources, including property management systems (PMS), sales reports, and market reports.
- Prepare daily, weekly, and monthly revenue reports for senior management and other stakeholders.
Qualifications:
- Proven experience of 2 years plus in hotel revenue management, with working knowledge of FOSSE and Opera property management systems.
- Bachelor’s degree in hospitality management, Business Administration, or related field.
- Strong analytical skills with the ability to interpret and analyze financial and performance data.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Detail-oriented and results-driven, with a focus on achieving revenue targets and optimizing profitability.
Advantages:
- 5 Workings Days
- US Shift
📌 Hotel Revenue Management Specialist (Ahmedabad)
🏢 Mantras2Success
📍 Ahmedabad