Revenue Manager

4 months ago

Halifax, Canada Lord Nelson Hotel Full time

As a locally owned landmark hotel, the Lord Nelson Hotel & Suites has earned a reputation for serving excellence. We offer a variety of positions under one roof, creating a great opportunity for mobility and growth. Our most essential resource is our employees. Join the best team in Halifax and be a part of the legend

The Revenue Manager analyzes current property and market performance to develop pricing and yield strategies to achieve maximum revenue growth and profitability. Oversees revenue management activities within the hotel. Oversees all processes associated with demand, revenue, inventory, forecasting and opportunity analysis. Develops and recommends sales strategy for pricing of the transient customer, wholesale, and group segments. Identifies new revenue opportunities and effectively communicates sales strategy and pricing to all key stakeholders.

Duties and Responsibilities:
Generates updates on transient segment each period and continually analyzes transient booking patterns
Maintains accurate reservation system information
Checks distribution channels regularly for hotel positioning, information accuracy and competitor positioning
Generates and provides accurate and timely results in the form of reports, presentations, etc.
Analyzes weekly and monthly STAR information to assist in analyzing past strategies; identifies areas needing improvement, identifies competitor set strengths, and develops strategies to best capture available Market Share
Analyzes STAR information to assist in development of RevPAR Index forecasts
Assists in generating yearly room revenue budget
Initiates, implements and evaluates revenue tests
Analyzes data to generate and distribute weekly and 3-month forecast
Prepares, Analyzes and Distributes month end reports, providing critical analysis of hotel performance
Maintains up to date and accurate data historical statistical data, including market segmentation
Actively participates in Annual Budget Meetings and Preparation and complete the Rate & Occupancy Statistics
Maintains close relationships with the market managers of OTA's to maximize the opportunities with these channels
Monitor group pace and other booking trends and share knowledge with Sales team

Requirement/Experience:
A minimum of three years hotel revenue management experience is required
Attention to detail and strong organizational skills
A working knowledge of hotel systems as well as revenue systems like Duetto, IDeaS, Opera, would be a substantial benefit
Knowledge of TravelClick, Guestrev, Passkey will be preferred
Advanced MS Office skills including Outlook, Word, Excel and Power Point

Lord Nelson Hotel & Suites recognizes our employees as essential to our success and value diverse skills. From frontline staff to management, we offer excellent opportunities for career growth, as well as employer-provided medical benefits and other incentives. We are looking for new talent to join our dynamic team that is setting the standard of excellence in the hospitality industry.

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

**Benefits**:
Dental care
Extended health care
Life insurance
On-site parking
Paid time off
RRSP match
Vision care
Wellness program
Schedule:
8 hour shift
Monday to Friday
Weekends as needed

**Experience**:
Revenue Management: 2 years (required)

Work Location: In person

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