Director of Revenue

4 weeks ago


Newcastle upon Tyne, United Kingdom RemoteWorker UK Full time

Reporting to the Regional Director of Revenue, the incumbent shall be working remotely supporting our EU Hotels and responsible for:- Revenue Management To ensure effective use of forecasting tools for guest rooms availability control and pricing To maintain a consistent selling strategy across the Central Reservation system (CRS), Property Management System (PMS) and third-party online systems, ensuring maximum use of availability controls in all systems To apply an appropriate overbooking policy and educate team to accept through qualified bookings To assist hotel management in the revenue decisions by highlighting opportunities To check competitor strategy on a regular basis, reviewing pricing and their availability To analyze production statistics and track information to identify potential business and market trends To identify potential new opportunities to improve revenue performance To assist hotels to maintain and change room rates/inventory when required To provide strategic analysis and input for the Regional Director of Revenue Management & Cluster Revenue Manager To ensure accuracy of all reservations and other data in all distribution channels To conduct quality control checks in PMS to ensure data accuracy To ensure that all rates are loaded by accurate completion of rate databases To monitor automated revenue management system, IDeaS, decisions, interpret its forecast and decisions To contribute and provide revenue management strategic vision during all regional and corporate property reviews and/or pricing meetings. To produce accurate forecast on weekly and monthly basis Brand Website Development To be involved in regional marketing programs and related products for online delivery such as: Regional Promotions/Packages Hotels’ Promotions To implement and monitor online marketing programs effectively Proactively identify soft spot/need periods and work in cooperation with Sales and Marketing, as well as regional and corporate resources. OTA Partnerships Development To manage Online Travel Agency accounts ensuring their compliance with M&C’s E- commerce strategy To ensure that every OTA website displays correct information at all times To manage approved OTA partners Internet listings To produce channel performance reports on a monthly basis To produce regular SWOT analysis of costs, highlighting any threats and opportunities To ensure assigned hotel is positioned on the first page of 50% of all TPI websites To use up-to-date methods and appropriate procedures with regards to technologies To ensure the OTA website adhere to the best rate guarantee To carry out any other duties and responsibilities as assigned. Requirement Possess a degree in Business Administration, Hospitality Management Minimum 2 years of relevant experience in revenue management in the hospitality industry Prior experience in the hospitality industry especially in sales and account management/ yield management/ distribution channel management would be advantageous Team player, analytical, organized, attention to detail Positive working attitude, flexible, outgoing, ability to prioritize work, effective time management Possess excellent Microsoft Excel and communication skills

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