Portfolio Revenue Specialist

2 - 3 years

5 - 6 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role Purpose

Responsible for supporting hotels in enhancing revenue and market performance sharing in depth data analysis and recommending strategies to then execute.

Key Accountabilities

  • Manage the revenue function across a portfolio of hotels, developing and managing short, medium, and long-term strategies for profitable revenue generation and capture as set out in each hotels Service Level Agreement.
  • Responsible for pro-actively and cost effectively maximizing hotel room revenues, RevPAR and system delivery to achieve superior performance in comparison to the competitive set as measured in RGI and against budget growth targets
  • Develop strategy to achieve overall hotel revenue.
  • Analyzing competitor and market pricing and trends to come with the right pricing strategy by segment and for each revenue strategy.
  • Ongoing system health-checks
  • Creation and presentation of forecast for all Revenue Streams
  • Prepare for and conduct Revenue meetings in line with the Revenue Management Cycle for all revenue streams to identify risks opportunities, potential revenue driving activities or strategic direction shifts
  • Yearly budgeting for all revenue streams along with the hotel team
  • Participation in business reviews meetings with both corporate and owners
  • Analysis and report on EOM performance
  • As needed, support NHOP or conversion set-up

Education

  • University Degree or Diploma in a relevant field or equivalent combination of education and work-related experience.

Experience

  • Min 2-3 years experience in Revenue Management, ideally in all revenue streams
  • Revenue Management Tools and Systems (Ideas, Duetto, EzRMS, Concerto, or other RMS)

Technical Skills and Knowledge

  • Excellent communication and presentation skills
  • Ability to impact and influence remotely
  • Strong Excel Skills
  • System and Technology savvy
  • The overall strategy of the hotel along with the commercial team

Role Purpose

Responsible for supporting hotels in enhancing revenue and market performance sharing in depth data analysis and recommending strategies to then execute.

Key Accountabilities

  • Manage the revenue function across a portfolio of hotels, developing and managing short, medium, and long-term strategies for profitable revenue generation and capture as set out in each hotels Service Level Agreement.
  • Responsible for pro-actively and cost effectively maximizing hotel room revenues, RevPAR and system delivery to achieve superior performance in comparison to the competitive set as measured in RGI and against budget growth targets
  • Develop strategy to achieve overall hotel revenue.
  • Analyzing competitor and market pricing and trends to come with the right pricing strategy by segment and for each revenue strategy.
  • Ongoing system health-checks
  • Creation and presentation of forecast for all Revenue Streams
  • Prepare for and conduct Revenue meetings in line with the Revenue Management Cycle for all revenue streams to identify risks opportunities, potential revenue driving activities or strategic direction shifts
  • Yearly budgeting for all revenue streams along with the hotel team
  • Participation in business reviews meetings with both corporate and owners
  • Analysis and report on EOM performance
  • As needed, support NHOP or conversion set-up

Education

  • University Degree or Diploma in a relevant field or equivalent combination of education and work-related experience.

Experience

  • Min 2-3 years experience in Revenue Management, ideally in all revenue streams
  • Revenue Management Tools and Systems (Ideas, Duetto, EzRMS, Concerto, or other RMS)

Technical Skills and Knowledge

  • Excellent communication and presentation skills
  • Ability to impact and influence remotely
  • Strong Excel Skills
  • System and Technology savvy
  • The overall strategy of the hotel along with the commercial team

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IHG Hotels & Resorts logo
IHG Hotels & Resorts

Hospitality

Buckinghamshire

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