Revenue Management Coordinator

2 weeks ago

Vancouver, Canada Riviera Boutiques Suites Full time

**About Us**:
**Job description**

As a Revenue Management Coordinator, you need to implement revenue management strategies and processes, in order to optimize and maximize its revenues for all three-hotel based at Vancouver, Calgary and Vernon. You should have the ability to successfully position properties in markets through pricing and yield management, and he/she perform analysis on price positioning, competitive set performance, and strategic planning of rate products.
- Maximize revenue generation by ensuring pricing and inventory are optimized across a portfolio using factors like demand booking tools, group pace, demand calendars and booking curves.
- Deliver effective and accurate revenue forecasting.
- Daily pick-up analysis, strategy adjustments and reporting.
- Perform competitive benchmark studies and follow market trends.
- Create and develop pricing strategies in conjunction with the individuality of each hotel.
- Provide periodic dynamic forecast of expected results, variances, and budget comparisons.
- Manage and oversee strategy for all 3rd party distribution.
- Responsible for assessing, analyzing, and pricing group business strategies.
- Analyze overall monthly hotel performance and provide summary report with recommendations to improve long term strategies.
- Continuously monitor competitor pricing and capacity and translate findings into action.
- Deliver market analysis to inform commercial strategy and decision-making.
- Responsible for best practice standards to include competitor analysis; environmental scanning; market modeling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concept.
- Reduce the cost of distribution by finding new less expensive means of delivering business.
- Prepare outline for and support the annual revenue budget process.
- Develop dashboards and other reports/views that can be used by the finance and commercial teams for revenue forecasting and analysis.

**Skill Set**:

- Strong sense of need for achievement of goals and success.
- Sound ability and knowledge to develop standards of operations and strategic processes.
- Good analytical and numeric skills for fast data crunching.
- Ability to work under own initiative in a highly pressured environment.
- Good listening skills and the ability to anticipate business needs.
- Capable of prioritizing between revenue generating actions and time-consuming tasks with low yield impact.
- Well developed interpersonal, adaptive influencing and supervisory management skills.
- High level of motivation, determination, and commitment.
- Effectively dealing with team members and channel managers.

**Experience & Qualifications**
- 3-5 years of hands-on Hotel Revenue Management experience.
- A strong command of both written and spoken English is required; additional languages are an asset.
- Bachelors or Master’s Degreein Hotel Management, Tourism or Economic Studies.
- Highly computer literate with a high-level command of Excel.
- Knowledgeable of hotel technology: PMS, GDS, CRS, Extranets.
- Sound financial judgment and responsibility.
- Strong analytical skills and attention to details.

**Job Types**: Full-time, Permanent

**Salary**: $23.00-$28.00 per hour

**Benefits**:

- Flexible schedule
- Life insurance
- Paid time off

Flexible Language Requirement:

- French not required

Schedule:

- Day shift
- Evening shift
- Monday to Friday
- Morning shift
- Weekend availability

Supplemental pay types:

- Bonus pay

Ability to commute/relocate:

- Vancouver, BC: reliably commute or plan to relocate before starting work (required)

Work Location: One location

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