A Revenue Manager manages the hotel sales and marketing plans by recommending
growth efforts| monitoring progress| and ensuring that the hotel is
competitively positioned within the local marketplace.
What will I be doing?
As Revenue Manager| you are responsible for analysing and presenting financial
data that will help the Sales and Senior executive teams to make well-informed
decisions about potential new business and the market| in general.
Manage and lead the Team through day-to-day operations| as well as strategically guide the Revenue department to achieve Team and organisational goals
Ensure yield exemptions are investigated and analysed and new business opportunities are identified
Gather and analyse statistics| yield information and all other relevant information in order to identify potential new business| markets and trends| and to minimise risk
Prepare a three-month market segment outlook and maintain on a daily basis by monitoring actual results versus forecast for plan achievement
Complete and analyse month-end reports
Outline risks and opportunities relative to meeting rooms versus Guest room availability to present at weekly meetings
Record and analyse all refused| lost| cancelled and waitlisted business for both Guest rooms and Conference and Banquet (Conference and Banquet) meeting space
Ensure effective information gathering and analysis is conducted in order to identify and maximise on all possible opportunities and minimise any risks
Ensure Team Members have current knowledge for all relevant processes| policies and promotions| as necessary| to perform their duties
Manage staff performance in compliance with company policies and procedures
Recruit| manage| train and develop the Revenue Team