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Cluster Revenue Manager

2 months ago

London, Greater London, United Kingdom YOTEL London HQ Full time
Job Title: Cluster Revenue Manager

We are seeking a highly skilled Cluster Revenue Manager to join our team at YOTEL London HQ. This individual will be responsible for driving revenue growth and maximizing profitability through effective inventory and pricing strategies.

Key Responsibilities:
  • Develop and implement pricing strategies for all market segments and distribution channels.
  • Manage and control inventory levels to optimize revenue.
  • Ensure all distribution channels are optimized and managed accordingly.
  • Implement sales and pricing strategies set by Senior Cluster Revenue Manager for all hotels.
  • Produce accurate forecasts and analyze market trends to inform business decisions.
Inventory Management:
  • Review and implement room accommodation and rate inventory controls daily.
  • Manage group and transient inventory for all hotels in the region.
  • Quote for groups and support hotels in managing groups in line with contracts and demand.
  • Work with hotel reservations and front office to ensure agreed selling strategies are in place.
Sales and Pricing Strategy:
  • Monitor and adjust sales, groups, and pricing strategies.
  • Participate in weekly revenue meetings to discuss market trends and opportunities.
  • Ensure pricing consistency across all distribution channels.
  • Liaise with market managers from 3rd party channel partners.
Reporting and Analysis:
  • Provide analysis of yield strategies, room statistics, and performance trends.
  • Review data quality between PMS and RMS.
  • Write and review end-of-month revenue reports for each hotel.
  • Conduct displacement analysis of group business and sales negotiations.

This role requires a strong understanding of revenue management principles and a proven track record of driving revenue growth. If you are a motivated and results-driven individual with a passion for revenue optimization, we encourage you to apply.