Revenue Manager

2 weeks ago

Doha, Baladīyat ad Dawḩah, Qatar IHG Hotels & Resorts Full time

Revenue ManagerYour Day to Day

  • Manage and maintain group and transient inventory controls.
  • Develop, monitor, and adjust sales and pricing strategies.
  • Provide critical analysis of strategies, room's statistics and demand factors.
  • Conduct competitive and demand analysis.
  • Maintain distribution channel data integrity.
  • Excellent interpersonal and communication skills and the ability to work well with co-workers and the public.
  • Attention to detail and organizational skills are a must.
  • Strong time management skills and ability to prioritize work.
  • Independently implements appropriate hotel inventory distribution strategy; maintains accurate rates and inventory allotments in the IDS/GDS/CRO and property PMS in a timely manner to promote rate parity throughout all booking channels.
  • Develops near and long-term top-line rooms revenue hotel forecasts upon request from the Regional Director of Revenue Management.
  • Loads all preferred, consortia and promotional rates in GDS and PMS.
  • Spearheads troubleshooting and resolution of any GDS rate loading issues as they occur.
  • Analyzes independently and determines whether hotel is effectively marketing itself across electronic distribution channels.
  • Participate and prepare rolling forecast and annual budget for each property using PMS, Delphi, Redx, IDeaS and forecasting tools RevTOOLS.
  • Ensure that all rooms statistics reports, including the Financial statement, and any other related reports are accurate and consistent.
  • Ensure that all revenue management related systems are maintained including Opera/Fidelio/Protel, Redx/Synxis/ IDeaS, Electronic channels, GDS, and Delphi.
  • Support the NSA at the property level to complete the monthly audit in making sure that the Delphi / IDeaS system is being utilized effectively.
  • Attend Weekly Sales Meeting to maintain communication of strategies and need periods.
  • Manage all aspects of rate & inventory management as outlined in the services contract.
  • Lead a Revenue & Reservations team, providing direction on revenue management best practices, PMS/CRS/External Yield systems best practices, third party channel best practices.
  • Prepare training materials, training schedules, and systems training for the team members.

What We Need From You

  • Candidate must have excellent analytical skills and must fully comprehend the travel industry distribution landscape.
  • Candidate must be able to effectively communicate ideas in verbal and written presentations.
  • Candidate should have 2-4 years of successful revenue management experience at an International 5 start hotel brand
  • Experience in hotel revenue management is important to the success of this role.
  • Strong leadership skills
  • Ability to work in a fast-paced environment
  • Ability to multitask

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