Revenue Manager
in
Full Time
Dublin
Posted 23 January, 2023
The main purpose of this role is to ensure maximum revenue is achieved on any given day by using yield management techniques, to achieve, if not exceed the budgets & targets of the Hotel. Whilst managing the team, accurate forecasting, reviewing budgets and rate strategy.
Key Duties and Responsibilities
- Manage the hotel rate strategy and ensure that the hotel rates are competitive and completed daily.
- Forecast and achieve monthly budget targets and ensure profitability.
- Work well with the team to support the revenue strategy.
- Develop new business and new revenue streams in all areas of the hotel.
- Excellent organisational skills.
- Excellent communication skills.
- Work collaboratively with other departments to ensure revenue streams are maximised.
- Ensure strong execution of payments and accounting processes are maintained, thorough and accurate.
- Deliver a strong corporate relationship to external clients, ensuring their booking experience is simple and stress free
- To complete the room’s revenue daily report on a daily basis and to use these as a tool to maximise the hotel revenue
- To devise and implement a rooms revenue strategy in order to maximise room revenue
- To analyse and monitor revenue pickup and pace, adjusting pricing strategy in line with demand and market trends
- To monitor booking pace of business on the books each year closely and investigate gaps on revenue and put actions into place
- To ensure effective management of rates and inventory on all distribution channels, ensuring rate parity is maintained at all times
- To maintain a relationship with all OTA’s Account Manager and maximise rankings
- Ensure all websites have up to date content and images, and is seamless for the customers online journey.
- Analyse all brand and OTA production and pace, in order to ensure the hotel is achieving market share on all channels and put actions into place when needed
- To chair the weekly revenue and sales meetings with the General Manager
- Schedule a monthly call with the account manager/PPC agency to review brand website production
- To maximise all opportunities of other revenue areas in the hotel that are associated with rooms revenue, including Meeting Excellence.
- To implement Group policies & procedures for the reservations department and ensure they are followed
- To train, motivate and drive the team to achieve targets
- To create and implement a training plan so as to develop the staff and maintain presentation and office standards.
- To consider and reply to all group enquires, in line with company expectations
An excellent opportunity, please contact Karen via the link below to learn more about this position.
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