Revenue Manager

Job Description

Title: Revenue Manager

Company Name: Radisson Blu Chattogram Bay View

Vacancy: 1

Age: At most 45 years

Job Location: Chattogram (Chattogram Sadar)

Salary: Negotiable

Experience:

• At least 3 years
• The applicants should have experience in the following business area(s): Hotel

• Bachelor of Business Studies (BBS) in Economics
• Bachelor of Business Studies (BBS) in Finance
• Bachelor of Business Studies (BBS) in Hospitality Management

• At least 3 years
• The applicants should have experience in the following business area(s): Hotel

• Age At most 45 years

• 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 brand. Web, direct and 3rd party distribution.

• Responsible for assessing, analysing and pricing group business strategies.

• Analyse 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 modelling; 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. 

  Personality

• Business Development DNA and commercial minded.Strong sense of need for achievement of goals and success.

• Sound ability and knowledge to develop standards of operations and strategic processes.

• Good analytical and numeric skills for fast data crunching.

• Ability to work under own initiative in a highly pressured environment.

• Good listening skills and the ability to anticipate business needs.

• Able to develop relationships with 3rd parties and relevant ASO team.

• Capacity to read situation, understand environments and respond accordingly.

• Capable of prioritizing between revenue generating actions and time consuming tasks with low yield impact.

• Ability to work across all levels and functions of portfolio under own initiative in a highly pressured environment.

• Well-developed interpersonal, adaptive influencing and supervisory management skills.

• Ability to interact professionally with other cultures.

• Mentality of client service and taking responsibility beyond direct duties.

• High level of motivation, determination and commitment.

• Provident fund & Gratuity

• Health Insurance

• Festival Bonus - Yearly 03 (Religions Festivals & Pohela Boishakh)

• Service Charge with equal sharing

• Yearly Incentive bonus & Increment as per policy

• Free Duty Meal

• Free Uniform & Laundry service

• In-house medical facility and discount on pathology examinations for family members (Parents and next of keen)

• Mobile Bill as per company policy