Assistant Revenue Manager

Job Description

Job Description: We are seeking a highly motivated and detail-oriented Assistant Manager for Revenue Management to join our dynamic team at goSTOPS. As an Assistant Manager, you will play a critical role in optimizing revenue and maximizing profitability across our hostel network. Responsibilities: Collaborate with the Revenue team to develop and implement revenue management strategies and tactics to optimize pricing, occupancy, and revenue per available bed (RevPAB). Assist in the development and maintenance of pricing strategies, including setting room rates, discounts, and promotions on OTA (Online Travel Agencies) Platforms. Manage OTA listings on platforms like goMMT, Booking.com, Agoda, expedia, etc. Support new property onboarding on all OTA platforms. Ensure accurate and timely updates content across all OTA channels. Ensure the proper distribution of inventory across all OTAs (Online Travel Agencies) and direct channels. Audit OTA listings regularly to keep content, amenities, policies, and images updated. Work closely with the Sales and Marketing team to coordinate pricing strategies, revenue forecasting, and promotional activities. Collaborate with the Operations team to ensure optimal inventory availability and manage overbooking situations when necessary. Resolve booking, rate, and listing issues promptly. Stay up-to-date with industry trends, best practices, and emerging technologies in revenue management and hospitality. Qualifications: Bachelor's degree in Hospitality Management, Business Administration, or a related field. Proven experience in revenue management, OTA Management in the hospitality Industry. Strong analytical skills with the ability to interpret data and make data-driven decisions. Proficient in revenue management systems and tools (e.g., channel managers, property management systems, revenue management software). Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams. Detail-oriented with strong organizational and time management abilities. Familiarity with the budgeting and financial aspects of revenue management. Ability to thrive in a fast-paced and dynamic environment. Show more Show less