Revenue Growth Specialist
4 weeks ago
**About the Role**
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.
**Key Responsibilities**
- Develop and implement holistic revenue strategies to maximize hotel-generated revenues from meetings & events and rooms, delivering effective pricing for all market segments.
- 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.
- Collaborate with 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.
- Collaborate 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.
- Conduct daily, weekly, and monthly revenue management meetings as set out in the agreed business processes.
- Attend business review meetings, forecast review meetings, and other performance optimization forums, as required.
- Highlight to hotels any issues on channels e.g., OTA & website.
**Requirements**
- Minimum of 2 years within the hotel industry working in a revenue management role.
- Experience of working in a multi-unit revenue management role within the UK market.
- Fluent written and spoken English as well as intermediate MS Excel is essential.
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