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Senior Revenue Optimization Manager

2 months ago

West Drayton, Greater London, United Kingdom LGH Hotels Management Ltd Full time

Position Overview

Compensation: Up to £65,000 based on experience

Are you a seasoned professional in the hospitality sector with a strong commitment to enhancing revenue streams? Do you have a comprehensive grasp of hotel revenue management methodologies and a history of delivering outstanding financial outcomes? If this resonates with you, we have a compelling position available.

As we expand our operations, we are looking for a proactive Senior Cluster Revenue Manager to spearhead revenue enhancement initiatives across various properties.

Core Responsibilities:

Revenue Strategy Development: Formulate and implement detailed revenue management strategies aimed at maximizing room revenue and yield across the hotel cluster. Assess market dynamics, competitive landscape, and demand trends to uncover avenues for revenue growth.

Collaborative Strategy Alignment: Partner with sales and marketing departments to synchronize strategies, promotions, and pricing, ensuring comprehensive revenue optimization.

Leadership and Mentorship: Offer support and mentorship to revenue managers at the property level, cultivating an environment of ongoing improvement.

Analytical Reporting: Create detailed reports and presentations to convey revenue performance, forecasts, and strategic recommendations to senior management.

Strategic Advisory Role: Serve as a strategic advisor to property General Managers, providing revenue-centric insights and suggestions to enhance overall profitability.

Ideal Candidate Profile:

  • Expertise in Hotel Revenue Management: A profound understanding of hotel revenue management principles is essential, including proficiency in pricing strategies, inventory control, and demand forecasting.
  • Market Analysis Skills: The preferred candidate will possess the ability to evaluate market trends, competitive positioning, and demand fluctuations to identify opportunities for revenue enhancement.
  • Data-Driven Approach: Proficiency in utilizing advanced revenue management systems and tools to monitor and adjust room rates and inventory is crucial.
  • Mentorship Abilities: As a Senior Cluster Revenue Manager, you will provide guidance to property-level revenue managers, fostering a culture of continuous improvement.
  • Strategic Partnership: You will act as a strategic partner to property General Managers, delivering revenue-focused insights to drive profitability.
  • Reporting Proficiency: The ability to generate comprehensive reports and presentations is essential for communicating revenue performance, forecasts, and strategic recommendations to senior leadership.
  • Results-Oriented Mindset: A passion for maximizing revenue and a focus on achieving exceptional financial results will be critical to our success.