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Revenue Management Specialist
2 months ago
We are seeking a highly skilled Revenue Assistant to join our team at Wild Dreams Hospitality. As a key member of our revenue management team, you will play a crucial role in driving revenue growth and maximizing hotel profitability.
Key Responsibilities:- Revenue Monitoring: Monitor revenue performance, identify peak and valley periods, and analyze daily reports to suggest rate adjustments.
- Competitor Analysis: Maintain competitor analysis, event diary, and promotions to stay ahead of the competition.
- Rate Management: Assist with rate inquiries, build rates in Opera PMS, and maintain parity to ensure optimal revenue capture.
- Reporting and Analysis: Prepare weekly revenue and strategy reports, track statistical information, and review forecasts to inform business decisions.
- Communication and Collaboration: Handle rebate requests, manage emails and escalations, and work closely with managers to resolve issues and achieve revenue goals.
- 2-3 years of experience in hotel revenue management
- Hospitality diploma or equivalent
- Ability to work in a pressured environment
- Willingness to work shifts when required
- Excellent communication, planning, and organizational skills
- Computer literacy: Opera, Word, and Excel
- Strong guest-centric approach and attention to detail
- Ability to work in a team and independently
- Previous experience with revenue reporting and online travel agents' extranets
- Understanding of market segmentation and target markets
- Knowledge of forecasting and budgeting