Revenue Management Specialist
1 week ago
We are seeking a highly skilled Revenue Management Specialist to join our team at Professional Career Services. The successful candidate will be responsible for developing and implementing effective revenue management processes, pricing strategies, and inventory management for all segments based on future demand forecast, current and historical trends.
Key Responsibilities:- Deliver the annual budgeted total revenues alongside the sales and marketing team.
- Prepare annual commercial business plan as well as budget for all revenue streams.
- Ensure that there is a clear vision of what the sales objectives for the business are and that these are clearly communicated to all stakeholders.
- Deliver excellent design and execution of the commercial strategy via monthly Revenue Meetings, Monthly Business reviews and board meetings.
- Ensure that all distribution channels (online, offline direct, indirect) are fit for purpose.
- Work closely together with Sales & Marketing to direct sales efforts with relevant and specific demand generation requirements.
- Monitoring competitor activity and strategies and adjust own tactics/strategies if necessary.
- Maintain up-to-date knowledge of market demand generators (businesses leaving/entering the market, special projects, city events, national events, political factors, economic factors, technology etc.).
- Complete daily, weekly and monthly reporting to analyze booking patterns and business trends to guide any necessary adjustments in strategies.
- Complete a detailed and accurate month end review with all correct figures and relevant commentary within expected deadlines.
- Set clear pricing strategies across all revenue generating departments.
- Evaluate the Reserves presence and opportunities for improvement on all e-channels, TripAdvisor, social media, local community and partnership sites.
- Put SOPs in place.
- Relevant hospitality management qualification.
- Experience in similar role within a game lodge/hospitality operation is advantageous.
- Analytical. Ability to identify travel trends. Manage OTAs. Target driven. Ability to handle budgets. Sales experience is an advantage.
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