Key Responsibilities:
- Revenue Management: Develop and implement effective revenue management strategies to maximize room revenue and occupancy.
Pricing Strategy:
Establish and adjust room rates based on market demand, competitor analysis, and revenue goals.Forecasting:
Conduct accurate forecasting to predict demand, revenue, and occupancy trends. Provide recommendations for pricing and inventory control.Data Analysis: Analyze market trends, competitor pricing, and booking patterns to identify opportunities and risks. Utilize data to make informed pricing and inventory decisions.
- Inventory Control: Monitor and manage room inventory to ensure optimal availability and pricing. Collaborate with sales and marketing teams to align strategies.
Reporting:
Prepare and present detailed revenue reports to senior management. Provide insights and recommendations for improving revenue performance.Budgeting:
Assist in the preparation of annual budgets and financial plans. Monitor financial performance and implement corrective actions as needed.Collaboration: Work closely with other departments, including Sales, Marketing, and Operations, to align revenue strategies and achieve overall business objectives.
- Training: Train and support staff on revenue management practices and tools.
Qualifications:
- Education: Bachelor's degree in Hospitality Management, Business Administration, Finance, or a related field. A Master's degree or professional certification in revenue management is preferred.
Experience:
At least 7 years of experience in a revenue management role within the hospitality industry, with a proven track record of driving revenue growth.Technical Skills:
Proficiency in revenue management software and hotel management systems (e.g., Opera, Fidelio, etc.).
- Advanced knowledge of Microsoft Office Suite, particularly Excel.
Familiarity with data analysis tools and techniques.Analytical Skills:
Strong analytical and problem-solving abilities, with a keen eye for detail and accuracy.Communication Skills: Excellent written and verbal communication skills. Ability to present complex data and insights clearly and persuasively.
- Interpersonal Skills: Strong interpersonal and teamwork skills. Ability to work effectively with cross-functional teams and build strong relationships.
Preferred Attributes:
- Experience in Hospitality: Extensive experience in the hospitality industry, with a deep understanding of market dynamics, pricing strategies, and revenue optimization.
Leadership Skills:
Demonstrated leadership and management skills, with the ability to mentor and develop team members.Location:
Delhi
Job Types: Full-time, Permanent
Pay: 40,- 00 - 50,000.00 per month
Benefits: - Cell phone reimbursement
Health insurance
Provident Fund
Schedule:Supplemental Pay: Yearly bonus
Experience:
- total work: 7 years (Preferred)
Work Location: In person
