Internet Moguls - Marketing Executive - Revenue Management (1-2 yrs)
Revenue Executive
Job description :
- To maximize rooms revenue given a RevPAR perspective.
- To maximize hotel revenue through the implementation of inventory management and pricing strategies with Online channels.
- Successfully produce the most efficient business mix whilst maximizing average rate.
- To manage inventory through proper management of Channel manager, Internet point of sale, PMS and all other distribution channels.
- Responsible for accurate forecast, trend analysis and sales strategies so that product availability and price are maximized at all times.
- React to any shortfalls against budget and co-ordinate implementation of tactical offers.
- To support and monitor the reservations department.
- Responsible for devising the most competitive approach versus competition.
- Utilize rate comparison reports to identify and react to pricing opportunities within the hotels competitive set.
- Maintain the information on the market up-to-date for complete or partial opening/refurbishment/out of order rooms/closing of hotels.
- To consult third party intermediaries to gain maximum exposure & revenue.
- To ensure market segmentation definition and proper usage.
- Set & update rate strategy per market segment on 12 months rolling basis.
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