Assistant Revenue Manager
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The Assistant Revenue Manager will play a key role in maximizing hotel revenues across transient rooms group conferences/events and group leisure ad-hoc business. This role involves both strategic and tactical responsibilities focusing on trend analysis demand anticipation and the development of tools and practices that balance demand and revenue maximization techniques. The Assistant Revenue Manager will collaborate closely with the reservation team sales marketing and external partners to ensure the hotels rates inventory and distribution channels are optimized for maximum profitability.
Key Responsibilities:
Revenue Maximization & Strategy:
- Drive revenue growth through trend analysis demand anticipation and strategic implementation of revenue management practices.
- Collaborate with the Revenue Manager to optimize market mix and maximize revenue across all distribution channels.
- Develop strategies to enhance brand visibility and business opportunities via direct websites 3rd party channels GDS and CRO.
Data Analysis & Forecasting:
- Monitor and analyze daily performance results using tools such as IDeaS STR Global and Hotel PMS.
- Conduct competitor and market analysis to guide pricing strategies and optimize eCommerce channels.
- Prepare weekly revenue forecasts and provide daily performance reports to key stakeholders.
Revenue Distribution & Pricing:
- Ensure accurate and timely loading of rates and packages across all distribution channels.
- Monitor adherence to Accors rate policies including rate parity.
- Assist with large volume bookings providing optimal bid prices and rate recommendations for groups.
Collaboration & Communication:
- Work closely with internal teams (Sales Marketing Reservations Front Office) to implement cohesive strategies.
- Provide training and support to hotel teams on PMS and other systems.
- Communicate effectively with external clients partners and suppliers to maximize revenue opportunities.
Qualifications :
- At least 3 years relevant experience in Revenue Management essential within the hospitality industry is recommended.
- Good understanding of distribution channels (OTAs Wholesalers Travel Agents GDS).
- Excellent analytical skills with the ability to interpret data and market trends.
- Familiarity with IDeaS recommended PMS (Opera Cloud or similar) and other revenue management tools.
- Strong communication skills with the ability to collaborate cross-functionally.
- Ability to work under pressure and adapt to changing market conditions.
- Proficient in Microsoft Excel and other reporting tools.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- ASC 606
- Hotel Experience
- Hospitality Experience
- GAAP
- Accounting
- Revenue Management
- Pricing
- Analysis Skills
- Salesforce
- SOX
- ERP Systems
- NetSuite
About Company
As a pioneer in the art of responsible hospitality, the Accor Group gathers more than 45 brands, 5,600 hotels, 10,000 restaurants, and lifestyle destinations in 110 countries. While each brand has its own personality, where you will be able to truly find yourself, they all share a com ... View more
