Revenue Manager

Posted Yesterday
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Dubai
Junior
Retail • Hospitality
The Role
The Revenue Manager is responsible for setting and communicating the hotel's pricing strategy by market segment, preparing revenue forecasts, participating in budget planning, and ensuring optimal technology utilization. They also measure performance across distribution channels and lead weekly Revenue Meetings to discuss forecasts and strategies.
Summary Generated by Built In

Company Description

A luxury hospitality brand for modern travellers, Anantara connects guests to genuine places, people and stories through personal experiences and providing heartfelt hospitality in the world’s most exciting destinations. From pristine islands and tropical beaches to cosmopolitan cities, tranquil deserts and lush jungles, Anantara welcomes guests for journeys rich in discovery.

Job Description

As Revenue Manager you will set and effectively communicate the hotel pricing strategy by market segment with reference to market intelligence, buying patterns and pre-determined seasonality.Further you will actively participate in the production of the hotel’s annual budget and assist in the creation, update and evaluation of the hotel sales and marketing plan. You will be responsible for ensuring available technology (PMS & RMS) is fully utilized and understood according to the property specific business mix and requirements and to ensure optimal use. You will then measure performance on all distribution channels, to ensure that fair market share is well achieved. Key areas of responsibility include:

  • To prepare weekly accurate 3 months forecast for hotel rooms revenue by Market Segment.
  • To prepare monthly accurate rolling 12 months forecast for hotel rooms revenue by Market Segment.
  • To set and effectively communicate the hotel pricing strategy by market segment with reference to market intelligence, buying patterns and pre-determined seasonality.
  • To prepare and chair a weekly Revenue Meeting. 
  • Collate and distribute meeting minutes of notes on forecast and strategy changes, including weekly action plan.
  • Set monthly targets of upselling revenue for front office and reservations department.

Qualifications

  • Bachelor degree in hotel management or finance.
  • 2 years revenue and yield experience in the hospitality industry
  • Familiar with the hotel operations, available technology (PMS & RMS) and all distribution channels.
  • Understand the dynamics of regional & local markets, as well as local competitors and events.

Additional Information

Reporting into Hotel General Manager

The Company
Nuea Bangkok City
3,332 Employees
On-site Workplace
Year Founded: 1978

What We Do

Minor International Public Company (MINT) is one of the largest hospitality and leisure companies in Asia Pacific Region. With over 535 hotels and resorts, 2,200 restaurants and 400 retails trading outlets, MINT meets the growing needs of consumers in 62 markets from Africa to Australia including South America and Europe. MINT is a hotel owner, operator and investor with a portfolio of more than 535 hotels, resorts and serviced suites under the Anantara, Avani, Elewana, Oaks, NH Hotels, NH Collection, nhow and TIVOLI. Through Minor Food Group Pcl, MINT operates over 2,200 outlets under The Pizza Company, Swensen’s, Sizzler, Dairy Queen, Burger King, Thai Express and The Coffee Club brands. The latest addition to the restaurant portfolio being Bonchon brand. MINT is also one of Thailand’s largest distributors of lifestyle brands with over 400 points of sale focusing primarily on fashion, cosmetics and contract manufacturing.

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