Revenue Executive

Job description

Job Description

·  Support the creation and implementation of pricing strategies.
·  Assist in the creation and maintenance of revenue forecasts and budgets.
·  Conduct daily revenue management operations, including rate and inventory management.
·  Analyze performance data and generate insightful reports.
·  Prepare materials for the weekly/bi-weekly Revenue Management meeting.
·  Develop and implement pricing strategies to maximize revenue and occupancy across different market segments
·  Help create short- and long-term topline revenue forecasts.
·  Collaborate with F&B, sales, finance, and front office teams to enhance revenue performance.
·  Assist in the implementation and maintenance of IDeaS Revenue Management Platform.
·  Ensure reservations are well managed and coordinate with the reservations team. 
·  Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.
·  Develop a solid understanding of the distribution landscape, including online travel agencies and distribution networks.
·  Stay updated on industry trends, new technologies, and best practices in revenue management to continuously improve processes and strategies.

Qualifications

·  1-3 years in hotel roles with property management system experience.
·  Strong analytical skills, attention to detail, and ability to make data-driven decisions.
·  A foundational understanding of revenue management principles.
·  Proficiency in Microsoft Excel • Familiarity with the distribution landscape and online travel agencies.
·  Being curious & open minded with a collaborative mindset and a passion for revenue management.
·  A willingness to learn and grow in a dynamic team environment