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Revenue Manager

2 months ago

Montreal, Quebec, Canada Hôtel Bonaventure Full time
About Hôtel Bonaventure

Hôtel Bonaventure, a distinguished full-service hotel, reigns over the vibrant heart of downtown Montreal, elegantly occupying the top two floors of Place Bonaventure. Celebrated for our sophisticated accommodations amidst an awe-inspiring rooftop oasis, we feature an unparalleled conference center with 34 adaptable rooms, encompassing 50,000 square feet of premier banquet and event space. Combined with exceptional dining and world-class service, we are dedicated to creating an unforgettable guest experience.

Key Responsibilities
  • Revenue Management:
    • Develop and implement dynamic pricing strategies to maximize room revenue and market share.
    • Conduct market analysis and monitor competitor rates and demand patterns to refine pricing and distribution strategies.
    • Manage customer segmentation and develop targeted pricing for each segment.
    • Prepare and present detailed revenue forecasts, performance reports, and market analysis to executive management.
Inventory and Channel Management
  • Manage room inventory and pricing across all distribution channels, including OTA, GDS, and direct booking platforms.
  • Ensure optimal visibility and pricing on all online travel agencies and booking platforms to maximize occupancy and revenue.
Reservations Department Management
  • Lead and manage the Reservations Department, ensuring high standards of customer service and efficiency.
  • Train, mentor, and develop the reservations team to enhance their performance and customer handling skills to maximise captured reservations.
  • Implement processes to improve reservation accuracy, overbooking, and manage group bookings effectively.
Collaboration and Coordination
  • Work closely with Sales, Marketing, and Front Office teams to align revenue strategies with promotional activities and guest services.
  • Analysis of group pricing proposed by the sales team and approves pricing.
  • Provide guidance and support to the sales and to the reservations team on revenue management principles and best practices.
System and Process Management
  • Maintain and optimize revenue management systems and tools, including integration with property management systems (PMS) and central reservations systems (CRS)
  • Ensure accurate and timely data entry into revenue and reservations systems to support operational efficiency.
Requirements
  • Minimum of 3-5 years of experience in revenue management and/or reservations management within the hospitality industry.
  • Preferred Collegial or bachelor's degree in hospitality management, business, economics, or a related field.
  • Preferred proficiency in TravelClick channel management and Opera PMS.
  • Strong analytical skills with the ability to interpret data and develop actionable strategies.
  • Excellent leadership and team management skills.
  • French is required, bilingual in English and French is preferred.
  • Exceptional organizational, communication, and problem-solving skills.

Join Hôtel Bonaventure and become a key driver of our revenue success while leading a dynamic and passionate reservations team in the heart of Montreal's vibrant downtown. Embrace the opportunity to shape our growth, innovate our strategies, and make a tangible impact in a prestigious hotel renowned for its excellence and elegance. Be part of a team that values your expertise and offers you the chance to thrive in a rewarding and inspiring environment.