Revenue Manager
Job Description
Title: Revenue Manager
Company Name: A Five Star Pre- opening Property, Dhaka
Vacancy: 1
Job Location: Dhaka, Dhaka Division
Employment Status: Full-time
Educational Requirements:
∎ Bachelor degree in any discipline
Experience Requirements:
∎ 5 to 7 year(s)
Job Responsibilities:
∎ Oversee revenue management and distribution strategy of the hotel and manage day to day yield operations.
∎ Daily pick-up analysis, strategy adjustments and reporting.
∎ Perform competitive benchmark studies and follow market trends.
∎ Create and maintain a 13 month rolling demand calendar.
∎ Create and develop pricing strategies in conjunction with the individuality of each hotel.
∎ Provide weekly dynamic forecast of expected results, variances and budget comparisons.
∎ Manage and oversee strategy for all 3rd party distribution
∎ Responsible for assessing, analysing and pricing group business strategies
∎ Analyze overall monthly hotel performance and provide summary report with recommendations to improve long term strategies.
∎ Ensure all related systems are configured correctly, validated and working to full capacity
∎ Oversee and audit the standards and operations of the reservations department.
∎ Ensure web site booking process is maintained up-to-date and functional.
∎ Ensure hotel personnel is fully competent in the use of all systems
∎ Work in liaison with hotel sales and reservations departments as a team.
∎ Regularly check the input and the quality of data (segmentation, denials tracking, etc…)points.
∎ Conduct quarterly property performance review and develop strategic and tactical action
∎ Responsible for best practice standards to include: competitor analysis; environmental scanning; market modeling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concepts
∎ Evaluate performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc…).
∎ Reduce the cost of distribution by finding new less expensive means of delivering business
∎ Prepare outline for and support the annual revenue budget process.
∎ Inspire Hotel’s HODs to further embed a revenue management culture.
∎ Advice and coach the client in other operational areas.
∎ Visit the hotels to get first-hand knowledge of all revenue management issues and other key areas.
∎ Any other reasonable requests made by management.
Additional Requirements:
∎ Age 25 to 32 years
∎ Both males and females are allowed to apply
Salary: Negotiable
Application Deadline: July 31, 2019
Company Information:
∎ A Five Star Pre- opening Property, Dhaka
Category: Hospitality/ Travel/ Tourism
