Revenue Manager

Key duties and responsibilities

• Forecasting: Predict future demand for rooms and other services by analyzing historical data, market trends, and local events.
• Pricing Strategy: Develop and implement dynamic pricing strategies to maximize revenue, adjusting rates in real-time based on demand.
• Distribution Management: Oversee and optimize all distribution channels, including online travel agencies (OTAs), direct bookings, and wholesalers, to ensure profitability.
• Inventory Management: Control room inventory across all booking channels to ensure maximum occupancy and revenue potential.
• Competitive Analysis: Monitor competitor pricing and strategies to maintain a competitive edge in the market.
• Reporting and Analysis: Analyze key performance metrics like RevPAR (Revenue per Available Room) and ADR (Average Daily Rate) to identify areas for improvement and provide performance reports.
• Collaboration: Work with other departments, such as sales, marketing, and operations, to ensure revenue strategies align with overall business goals.
• Ancillary Revenue: Identify and implement opportunities to increase revenue beyond just room sales, such as through upselling or managing other services.
• System Maintenance: Ensure revenue management and booking systems are configured correctly, maintained, and functioning properly.

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits:

• Food provided
• Provident Fund

Work Location: In person