Revenue Manager
6 months ago
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 %38536914% %%management%%
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