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Hotel Yield Optimization Specialist
2 weeks ago
We are seeking a skilled Hotel Yield Optimization Specialist to join our team. This role will involve working closely with our hotel managers and revenue teams to optimize room rates, occupancy levels, and overall revenue performance.
The ideal candidate will have extensive knowledge of luxury hotel operations, revenue management systems, and market dynamics. They should be able to analyze data, make strategic decisions, and communicate effectively with stakeholders.
Key Responsibilities
1. Manage the day-to-day operations of the revenue department for assigned hotels.
2. Develop and implement pricing strategies to maximize revenue and occupancy levels.
3. Analyze market trends, competitor activity, and customer behavior to inform pricing decisions.
4. Work closely with hotel teams to update and manage selling strategies for individual and group bookings across all distribution channels and reservation sources.
5. Monitor and control inventory, ensuring optimal availability and minimizing overbooking levels.
6. Collaborate with sales teams to develop effective promotions and loyalty programs that drive revenue growth.
Required Skills and Qualifications
1. Bachelor's degree in Hospitality Management, Business Administration, or a related field.
2. Minimum 5 years of experience in revenue management, with at least 2 years in a multi-property or cluster role.
3. Proficiency in revenue management systems (RMS), property management systems (PMS), and channel management software.
4. Strong analytical skills, with the ability to interpret data and make strategic decisions.
5. Excellent communication, leadership, and interpersonal skills.
6. Ability to work under pressure, manage multiple priorities, and meet deadlines.
Benefits
1. Collaborative and empowering team dynamics.
2. Pathways for promotions and growth within the brand.
3. Recognition and Rewards Program.
4. Access to an array of discounts via our Benefits Platform.
5. Comprehensive training through Certified Classroom and E-Learnings.
6. 28 holidays annually, inclusive of 8 bank holidays. Additional holidays post 2-year tenure.
7. Health incentives: Cash-back on optical, dental, chiropractic, and physio services.
8. Concession on gym memberships.
9. Nutritious meals provided during shifts.
10. Complimentary dry-cleaning service for uniforms.
11. Inclusive pension schemes.
Others
Montcalm Collection is committed to providing a workplace free from discrimination and prejudice. We value diversity and inclusion, and strive to create a culture that thrives on mutual respect.
