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Junior Revenue Manager
2 months ago
The Junior Cluster Revenue Manager will play a key role in driving revenue growth and maximizing opportunities for Coast Hotels. This role will appeal to an analytically oriented individual with a passion for revenue management and a desire to contribute to the company's overall success.
Key Responsibilities- Revenue Strategy and Planning
- Develop and implement revenue strategies to maximize revenue opportunities for assigned hotels within the cluster.
- Lead weekly revenue strategy meetings and assist in rate strategy planning.
- Reporting and Analysis
- Complete weekly and monthly revenue management reports for hotels within the cluster.
- Develop and maintain revenue management-related tools and reports, including demand forecasting, pace, and market segmentation.
- Relationship Building and Communication
- Build and maintain relationships with third-party market managers to ensure maximum exposure opportunities.
- Communicate effectively with sales, marketing, and distribution teams to ensure strategic decisions are made and implemented.
- Operational Excellence
- Maintain rate parity among all sites for assigned hotels within the cluster.
- Cross-reference rates and packages to ensure accuracy.
- Drive hotel market share and revenue performance through competitive analysis and STR data.
- Forecasting and Budgeting
- Facilitate top-line forecasting and budget planning for hotels within the cluster.
- Project Management
- Complete corporate revenue management-related projects as needed.
- Education
- A post-secondary education in a tourism or hospitality field.
- Experience
- Minimum 1-2 years' revenue or reservations management experience in hotels is preferred.
- Previous front office, reservations, or sales experience is a benefit.
- Skills
- Strong computer literacy on Excel, Hotel Concepts IDPMS/IDCRS is preferred.
- Strong knowledge of Internet resources, browsers, and navigation.
- Detail-oriented and numerical aptitude.
- Ability to demonstrate analytical, decision-making, and negotiating skills.
- Team player with key impact and influence skills.
- Exceptional organizational skills and ability to multitask in a fast-paced environment.
- Self-motivated and proven ability to work independently and as a team player.
- Ability and desire to work under deadline pressures.
- Comfortable with developing and delivering meetings to a variety of partners.
- Clear, concise written and verbal communication skills.
- Comfortable learning and operating new technologies.
- Strong communication, interpersonal, and customer service skills.
- Not content with the status quo; driven to create positive change and growth.
- Exemplifies Coast's core values and enjoys working in a culture of accountability.