Hotel Revenue Strategist
1 day ago
We are seeking a highly skilled and experienced Cluster Revenue Manager to join our dynamic commercial team based in London.
Job Description:This is a hybrid role, combining cluster revenue management with leadership responsibilities. The successful candidate will be responsible for maximizing overall revenue through effective inventory and pricing strategies across multiple hotels in Europe.
- Develop and implement revenue-driven strategies to drive market share and revenue performance.
- Implement pricing strategies for all market segments, distribution channels, and Conference and Events.
- Manage inventory effectively, ensuring optimal control of room accommodation and rate inventory controls.
- Optimize distribution channels and manage them accordingly.
- Implement sales and pricing strategies set by senior leaders for all hotels.
- Produce accurate monthly forecasts, maintaining an industry-standard accuracy rate of 95%.
- Conduct daily reviews and implement room accommodation and rate inventory controls.
- Manage group and transient inventory for all hotels in the region.
- Quoting for groups and supporting hotels in managing groups in line with contracts and according to demand.
- Collaborate with hotel Reservations and Front Office to ensure agreed selling strategies are in place and worked towards.
- Monitor and adjust sales, groups, and pricing strategies regularly.
- Participate actively in weekly revenue meetings and contribute to discussions.
- Maintain pricing consistency across all distribution channels (Rate Parity).
- Liaise with market managers from third-party channel partners.
- Implement blackout dates and review frequently to determine if adjustments are needed.
- Provide analysis of yield strategies, room statistics, and performance trends.
- Constantly check and review the quality of data between the PMS and RMS.
- Write and review end-of-month revenue reports for each hotel.
- Conduct displacement analysis of group business and sales negotiations.
- Analyze and understand market trends to communicate opportunities with senior leaders.
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Hotel Revenue Strategist
3 days ago
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Hotel Revenue Strategist
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Luxury Hotel Revenue Strategist
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Hotel Revenue Strategist
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Hotel Revenue Strategist
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Hotel Revenue Strategist
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