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For Employers

Revenue Manager

Indian Hotels Company (IHCL)

3 - 4 years

13 - 14 Lacs

mumbai

Posted:1 day ago| Platform:

Apply

Skills Required

hospitality market analysis data analysis excel process excellence inventory control revenue management property management sales manager analytics

Work Mode

Work from Office

Job Type

Full Time

Job Description

Drive daily revenue optimization through pricing and inventory control, leveraging data analysis to improve performance. Work closely with sales and marketing to ensure strategies are aligned with revenue targets and market trends.
Essential Job Tasks
Execute daily pricing, inventory control, and distribution strategies.
Analyze booking patterns, market demand, and competitor pricing to adjust rates.
Collaborate with sales, marketing, and reservations teams to optimize promotions and offers.
Monitor performance through regular reporting and adjust strategies to meet targets.
Maintain and update the property s revenue management system (RMS) and other tools.
Areas of Responsibility
Daily Revenue Optimization: Authority to adjust room rates, manage inventory, and make tactical decisions to optimize daily revenue performance.
Market Analysis and Reporting: Responsible for analyzing market conditions, competitor pricing, and demand forecasts to make informed decisions.
Collaboration with Sales and Marketing: Authority to implement sales strategies and marketing initiatives to align with the overall revenue plan, ensuring consistent execution.
System Management: Authority over the use and configuration of revenue management and property management systems to ensure accurate data and decision-making tools.
Required Qualifications
Minimum Bachelors Degree in Hospitality, Business or any other discipline
Preferred Masters degree in Hospitality, Business or any other discipline.
Analytics or Mathematics background
Good knowledge of MS Excel and Powerpoint

Work Experience

3 - 4 years experience in Revenue Management

Languages Needed in Position

English

Key Interfaces- External

Clients, Vendors and Partners

Key Interfaces- Internal

Reservations

Area / Unit DOSM/ Sales Managers

General Manager / Hotel Ops team

Corporate RM and Distribution Team

Behavioural Competencies

Process Excellence

Result Orientation

Collaborative Engagement

Change Championship

Growth Mindset

Talent Enrichment

Guest Centricity

Personal Effectiveness

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