Hotel Revenue Manager
1 month ago
The Opportunity
Salary: Up to £50k pa
LGH Hotels Management Ltd is seeking a skilled Cluster Revenue Manager to drive revenue growth and maximize profitability for our hotel clusters. As a key member of our dynamic team, you will play a pivotal role in achieving our financial goals, including revenue, profit contribution, and market share.
Key Responsibilities:
- Analyze historical data and monitor demand patterns to inform revenue management strategies.
- Stay informed about market intelligence to develop effective pricing and positioning tactics.
- Implement yield management and optimize revenue through data-driven insights.
- Collaborate with pricing, strategy, and reporting teams to gather valuable insights and recommendations.
- Ensure accuracy in rate loading within our Central Reservation System (CRS) and Property Management System (PMS).
- Maintain the integrity of our pricing data.
Ideal Candidate
- Revenue management experience within the hospitality industry, preferably managing revenue for multiple hotel clusters or properties.
- Proven track record in developing and implementing successful revenue management strategies, including yield management, pricing optimization, and market positioning.
- Strong analytical and quantitative abilities, proficient in data interpretation and utilizing revenue management tools and software.
- In-depth understanding of the local and regional hospitality market, including industry trends, competitor analysis, and market segmentation.
- Excellent interpersonal and communication skills, with a history of effectively working with cross-functional teams to gather insights and translate them into revenue strategies.
- Ability to thrive in a collaborative environment.
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