Revenue Manager
About The Position
Fairmont Miramar Hotel & Bungalows is seeking a Revenue Manager to support all aspects of pricing, trend, and business evaluations to optimize ADR, REVPAR, and TREVPOR. This role involves preparing and presenting weekly commercial strategy meetings, analyzing booking trends, and collaborating with marketing and distribution teams to deploy initiatives. The Revenue Manager will also maintain and manage Passkey inventory, property content, and guest communication templates, as well as manage daily inventory control, balance, and room assignment. Additionally, they will load and manage Business Transient rates, conduct audits for accuracy, and assist with maintaining accurate hotel content on various websites. The position requires enhancing automation efforts in reporting tools, preparing competitive analysis, and assisting with managing room authorizations, rates, and restrictions. The Revenue Manager will monitor changes in inventory, provide guidance on strategy impacts, monitor group blocks, and make strategy recommendations. They will also assist in generating and updating Revenue Management reports, performing system maintenance, and implementing hotel sales strategies in reservation and inventory systems. Participation in revenue-related initiatives and ad-hoc tasks for senior leadership are also expected. Effective communication with various departments such as Reservations, Sales, Convention Services, Accounting, and Front Desk is crucial.
Requirements
- At least 2 years minimum experience in a similar role
- Previous reservations experience required
- Strong working knowledge of Property Manager (Opera Cloud)
- Experience with Ideas G3 and Demand 360
- Detail oriented with strong analytical skills
- Strong oral, written, and interpersonal skills to communicate with all levels of organization
- Must work well in stressful, high pressure situations
Responsibilities
- Supports all aspects of pricing, trend, and business evaluations to optimize, ADR, REVPAR and TREVPOR.
- Prepare and able to present weekly commercial strategy meetings to discuss performance and strategy.
- Analyze booking trends, segmentation performance, and demand driver to prepare weekly, and long term forecasts.
- Collaborate with Marketing and distribution teams to deploy initiatives that drive measurable results.
- Maintain and manage Passkey inventory, property content and guest communication templates.
- Manage daily inventory control, balance and room assignment.
- Load, maintain and manage all Business Transient rates on all distribution channels. Conduct on-going audit for accuracy and visibility on channels
- Assist with maintaining accurate hotel content on branded websites and all 3rd party websites
- Maintain accuracy of information/data and enhance automation efforts in reporting tools
- Assist in the preparation of competitive analysis and other supporting documents
- Assist in managing room authorizations, rates, and restrictions, including communicating rate restrictions and strategy to operation team
- Monitor changes in inventory and provide guidance on the impact of current strategies
- Monitor group blocks and assess risk, while making strategy recommendations
- Assist with accurately generate and update Revenue Management reports
- Assist with system maintenance including but not limited to, inputting rates, restrictions, monitoring forecasted demand, updating group forecasting and running daily system checks
- Assist in the implementation of hotel sales strategies in the reservation and inventory systems
- Participate and contribute in all revenue related initiatives
- Perform ad-hoc tasks, analysis, and reporting on a needed basis to senior leadership
- Communicates effectively between Reservations, Sales, Convention Services, Accounting and Front Desk
Benefits
- Employee benefit card offering discounted rates in Accor worldwide for you and your family
- Learning programs through our Academies designed to sharpen your skills
- Ability to make a difference through our Corporate Social Responsibility activities, like Planet 21
- Career development opportunities with national and international promotion opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
