Hotel Revenue Management Specialist

Year    India, India

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. Benefits: 5 Workings Days US Shift

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Job Detail

  • Job Id
    JD3288033
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    India, India
  • Education
    Not mentioned
  • Experience
    Year