Revenue Manager

Revenue managers work in financial management, monitoring room sales and reservations, overseeing accounting and cash-flow matters at the hotel, projecting occupancy levels, and deciding which rooms to discount and when to offer special rates.

Revenue Manager Job Description Template

Our company is looking for a Revenue Manager to join our team.

Responsibilities:

  • Work in liaison with hotel sales and reservations departments as a team;
  • Oversee and audit the standards and operations of the reservations department;
  • Create and develop pricing strategies;
  • Create and maintain a 12-month rolling demand calendar;
  • Inspire hotel HOD’s to further embed a revenue management culture;
  • Oversee revenue management and distribution of strategy of the hotel;
  • Responsible for assessing and pricing group;
  • Manage day to day yield of rates;
  • Manage and oversee strategy for all 3 rd party distribution;
  • Turn away report;
  • Evaluate performance of distribution partners and contracted rates (OTA, FIT, Tour Operator, Events, Consortia, Weddings);
  • Analyse overall monthly hotel performance and provide summary report with recommendations to improve long term strategies;
  • Prepare outline and support the annual revenue budget process;
  • Conduct quarterly property performance reviews and develop strategic and tactical action;
  • Ensure webs site booking process is up to date and functional.

Requirements:

  • Bilingual (English and Afrikaans). Excellent verbal and written communication skills;
  • Familiar with the hotel operations, available technology (PMS & RMS) and all distribution channels;
  • Understand the dynamics of regional and local markets, as well as an understanding of competitors;
  • Relevant qualifications in Hotel Management, Tourism, or Economic Studies (Beneficial not compulsory);
  • Computer literate and experience with excel;
  • Knowledge of hotel technology: PMS, Channel Manager, GDS, CRS, Extranets;
  • Hotel Revenue Management Experience.