Hotel Revenue Manager
1 week ago
MRK Associates is seeking an ambitious revenue manager to join their team as a Senior Cluster Revenue Manager on a permanent basis. This is a hybrid working role with 3 days in the office and 2 days from home.
This role would suit someone with a minimum of 2 years within the hotel industry working in a revenue management role.
The company is rapidly growing with an impressive portfolio of hotels all over the UK in a variety of different locations and settings.
The successful individual will have experience of working in a multi-unit revenue management role within the UK market. This person will be an experienced user of revenue management systems and business analysis tools. Fluent written and spoken English as well as intermediate MS Excel is essential.
Key Responsibilities- Maximize hotels' performance versus its competitor set and/or budget targets by growing rooms revenue and RGI.
- Grow M&E revenue by utilizing revenue optimization in order to maximize hotel performance versus its competitor set and/or budgeted targets.
- Work closely with the hotels operational teams to capture insight, analysis, and recommendations to drive top line sales.
- Work closely with the commercial team to support sales strategy.
- Generate Rooms and M&E revenue (where applicable) forecasts and budgets for all hotels within area of responsibility; link to the revenue planning process.
- Ensure proper data management, i.e., inventory management, segmentation, rate loading.
- Work closely with pricing, strategy, and reporting teams to capture insight, analysis, and recommendations to drive top line delivery.
- Maintain accurate levels of inventory, based on forecasted demand.
- Conducts remote daily, weekly, and monthly revenue management meetings as set out in the agreed business processes.
- Attends business review meetings, forecast review meetings, and other performance optimization forums, as required.
- Highlights to hotels any issues on channels e.g., OTA & website.
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Hotel Revenue Manager
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