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Revenue Manager

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London, Greater London, United Kingdom RaizUp Full time
Revenue Manager Job Description

RaizUp is seeking a skilled Revenue Manager to join our team in the Head Office near Chancery Lane, Central London. As a key member of our commercial team, you will be responsible for implementing, executing, and reporting on the overall sales and revenue strategy for our group of aparthotels.

Key Responsibilities:
  • Develop and execute revenue management strategies to maximize revenue and occupancy across our UK portfolio.
  • Monitor market performance using STR, Forward Star, and OTA Insights, and update RMS and PMS to ensure our properties are competitive and achieving KPIs.
  • Review daily and weekly pick up and implement restrictions and pricing amendments to maximize revenue and occupancy potential.
  • Lead bi-weekly revenue calls with the wider commercial team and Area GMs.
  • Maintain PMS and key operating systems, including third-party extranets.
  • Manage OTA partners and accounts to improve content and rate performance.
  • Creation and distribution of daily, weekly, and monthly revenue reports to relevant stakeholders.
  • Development of new reporting techniques or systems to assist senior leadership in assessing key decisions.
  • Maintain and maximize potential from key events calendar across all locations.
  • Manage the onboarding of new properties within the revenue function, including set-up of all systems.
Requirements:
  • GCSE English Language and Maths or equivalent.
  • A-Level education or equivalent experience.
  • Revenue Management experience essential within luxury hotel or serviced apartment sector.
  • Knowledge of revenue management principles and strategies, including distribution channel management, yield management, extended stay concepts, pricing strategy, market trends, demand factors, and forecasting.
  • Experience and/or understanding of multi-property revenue management.
  • Advanced Microsoft Excel knowledge.
  • Knowledge of Opera PMS and channel management software Siteminder.
What We Offer:
  • Salary: £DOE
  • Hours: Monday – Friday 9am – 5pm (hybrid role based between London and home office)
  • Holiday: 28 days inclusive of bank holidays
  • Increased Holiday with length of service
  • Pension
  • Company healthcare
  • Bonus Potential: 20% of Salary based on KPIs and financial performance on successful completion of probationary period