Revenue Management Strategist
3 weeks ago
- Revenue Management Overview
- We are seeking a seasoned Revenue Management expert to oversee the revenue strategy for our boutique hotels and a new property.
- This role requires a commercially savvy individual who can develop and implement data-driven pricing strategies, optimize room revenue, and collaborate with teams to achieve market-leading performance.
- This position involves developing and leading revenue strategies for our boutique hotel portfolio and the upcoming new property.
Key Responsibilities:
• Develop and optimize hotel pricing strategies through the management of rates, rate levels, LOS restrictions, and other tactics based on demand and market conditions.
• Stay ahead of market trends and competitor pricing, adjusting rates and offers as needed.
• Ensure seamless rate management across all booking platforms, including third-party sites, direct bookings, and corporate channels.
• Collaborate with Sales, Marketing, and Reservations teams to align pricing strategies with promotional efforts and group bookings.
• Analyze market data, booking trends, and occupancy forecasts to make informed decisions that maximize revenue potential.
• Track and report key performance metrics to drive revenue and profitability.
• Provide timely and accurate financial forecasts, budgets, and market trend reports to senior management.
Requirements:
• Minimum 5 years of experience in Revenue Management within branded hotels
• Proven track record of delivering revenue growth in branded properties, with a deep understanding of brand standards, market positioning, and competitive pricing
• Strong data analysis skills with the ability to convert insights into actionable strategies
• Experience working cross-functionally with Sales, Marketing, and Operations teams to achieve commercial goals
• Proficiency in Revenue Management Systems (RMS), Property Management Systems (PMS), and distribution channels
• Excellent communication and presentation skills, with the ability to articulate complex strategies to non-technical stakeholders
What We're Looking For:
A commercial revenue director with a strong background in revenue management and a proven track record of driving revenue growth in branded properties.
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