Maximize overall hotel room revenue through development and implementation of effective inventory and pricing strategies based on future demand forecasts, current trends and historical data to drive market share.
Communicate Revenue Management strategic vision to the leadership and Reservations / Revenue Management teams of the hotel.
Essential Functions: - Drive Market Share and Revenue Performance through proper pricing and mix management.
- Analyze competitive reports and formulate appropriate strategies through Market Vision.
- Develop overall pricing strategy to include all market segments and distribution channels.
- Provide guidance on corporate transient negotiated pricing, group pricing for each group, and wholesale pricing and acceptance.
- Ensure effective pricing strategies are in place to reflect asset strength relative to the competition in each market.
- Effectively manage inventory and pricing strategy in all distribution channels.
- Lead the Director of Sales in the decision making process of promotion participation.
- Closely monitor competitive pricing and understand the impact of relative pricing decisions on property performance.
- Ensure Best Rate Guarantee compliance.
- Clearly communicate to hotel team the strategic vision and objectives on how to drive revenues and improve performance.
- Ensure hotel team members understand the concept of Revenue Management and their role.
- Provide the hotel team with regular updates on hotel performance to include market share, market segment roll ups, and channel metrics.
- Produce accurate forecast on weekly and monthly basis (as determined by the hotel controller)
- Produce all relevant components of the Budget pertaining to Revenue Management.
Skills UAE Hotel Experience
Job Details Job Location Dubai, United Arab Emirates
Company Industry Other
Company Type Employer (Private Sector)
Job Role Hospitality and Tourism
Employment Type Full Time Employee
Monthly Salary Range Unspecified
Number of Vacancies Unspecified
Job Ref.
JB3815618
Preferred Candidate
Career Level Management
Years of Experience Min: 2 Max: 5
Residence Location United Arab Emirates
Gender Male
Degree Bachelor's degree / higher diploma
Age Min: 30 Max: 45
This job is posted in the following Specialties:
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Job Title Revenue Manager with UAE Hotel Experience
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- Revenue Manager with UAE Hotel Experience
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