Revenue Manager

Job description

Key tasks

You are responsible for implementing strategies to optimise the revenue of your hotel. You are in charge of deploying the relevant processes, training, methods and tools and you ensure that all of the Revenue Management processes are operational in the hotel. You carry out strategic analyses to optimise the hotel revenue, and you ensure that they are always consistent with the market. You gather the information required to establish a reservation and events data base. You analyse the hotel's performance and monitor the market and competition. You suggest solutions for adapting the strategy. You carry out a monthly analysis of results. You communicate the relevant processes to reservations and reception teams. You regularly check and update the quality of data. You monitor market prices. You participate in establishing the annual budget. You decide which strategy to use. You calculate availability and provide forecasts in relation to the budget and strategy. You make recommendations to change the strategy so as to react quickly to changes in customer behaviour. You optimise the distribution channels.

Desired profile

Skills

Level of Education Bachelor / Licence
Areas of study Hospitality Management
Professional experiences 3 to 5 years
Languages essential English (Primary tongue)

Essential and optional requirements

Is responsible for the implementation of multi-brand RM methods in a dedicated region in order to maximize the turnover in accordance with brand’s marketing, country, area, hotel strategies and customer’s needs.
Is responsible for having all the revenue management processes in place in his/her perimeter. He/she implements the GM’s strategy on a daily basis, updates the planning, quotes the groups and alerts the GM, when market deviates from the strategy
Is in charge of helping the hotels to reach and beat their operational turnover budget
Any matter which may effect the interests of Ibis & Novotel Bengaluru Techpark should be brought to the attention of the Management
Analyze the hotel performance in the RMS as a basis for strategy decisions
Analyze the contracts performance (price, allotments, number of rooms sold, etc) before decisions on renewals are taken