Cluster Assistant Manager Revenue

Fairmont Hotels &amp; Resorts

2 - 4 years

3 - 7 Lacs

Jaipur

Posted:3 weeks ago| Platform:

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Skills Required

Front office Junior Staff Competitive analysis Management systems Analytical Inventory management Market research Revenue management Property management Monitoring

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are seeking a detail-oriented and analytical Assistant Manager - Revenue to join our team in Chennai, India. In this role, you will play a crucial part in developing and implementing revenue management strategies to maximize our organizations financial performance.

Assist in formulating and executing revenue management strategies and pricing decisions
Analyze booking patterns, market trends, and competitive data to forecast demand and adjust pricing accordingly
Monitor and optimize room rates, availability, and inventory to maximize revenue
Generate and analyze daily, weekly, and monthly revenue reports
Track and report on key performance indicators (KPIs), including occupancy, average daily rate (ADR), and revenue per available room (RevPAR)
Prepare and present reports and recommendations to the Revenue Manager and other stakeholders
Conduct market research to identify trends, opportunities, and threats
Monitor competitor pricing, promotions, and market positioning
Provide insights and recommendations based on competitive analysis
Collaborate with sales and front office teams to ensure optimal pricing and inventory management
Utilize revenue management systems (RMS) and property management systems (PMS) to track and manage inventory and pricing
Ensure data accuracy and system integrity for effective decision-making
Assist in training and mentoring junior staff or new team members in revenue management practices and tools
Stay updated with industry trends and best practices through continuous learning and professional development

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