Revenue Manager

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia StellaStays Inc. Full time

Riyadh, Saudi Arabia | Posted on 06/13/2024

Stella Stays is a prop-tech start-up with a mission to reinvent rental globally and a vision to create the future of living.

We offer beautifully designed, thoughtfully equipped, tech-enabled residences, and a seamless digital guest experience.

Established in 2019, Stella Stays is present and growing rapidly in major cities across the Middle East and North Africa (MENA), Europe and North America. Our proprietary technology empowers unmatched efficiency across real estate supply growth, interior design, pricing, economics, bookings, guest service, and property management.

Stella Stays is the winner of:

2022 Gulf Business Award for "Proptech Company of The Year"

2021 Stevie Awards for the "Most Innovative Tech Start-up of The Year" and "Innovative Achievement in Sales" for our technology and revenue generation strategy respectively.

As a Revenue Manager at Stella Stays, you will play a pivotal role in managing our presence across online travel agencies (OTAs), global distribution systems (GDS), search engines, and direct booking channels. You will be responsible for optimizing room inventory, implementing dynamic pricing strategies, and analyzing channel performance to maximize revenue. Working closely with sales, marketing, and on-ground teams, you will ensure alignment in e-distribution strategies, effective execution of pricing strategies across all locations, and monitoring local events to adjust pricing accordingly. Additionally, you will oversee wholesale pricing and wholesale channels to maximize revenue streams.

Responsibilities:

Manage Stella Stays' presence on OTAs, GDS, search engines, direct booking channels, and wholesale channels.

Ensure visibility and competitiveness with accurate content, prices, and availability.

Monitor room availability, rates, and restrictions to optimize pricing and control inventory.

Keep an eye on local events and market dynamics to adjust pricing strategies accordingly.

Implement dynamic pricing strategies and promotions to maximize revenue.

Analyze channel performance to identify income-boosting opportunities unique to Stella Stays.

Develop and implement rate strategies tailored to market demand, competitor landscape, and local events.

Utilize Stella Stays' preferred channel managers, revenue management systems, and online booking engines.

Explore emerging platforms and technologies customized for distribution needs.

Ensure accurate and up-to-date information tailored to Stella Stays' operations for efficient decision-making.

Analyze market trends, competitor pricing, and local events to inform pricing strategies.

Work closely with sales, performance marketing, and other departments to align e-distribution strategies.

Collaborate with on-ground teams to execute pricing strategies effectively across all locations.

Requirements

Bachelor's degree in Hospitality Management, Business Administration, or related field.

Previous experience in a similar role within the hospitality industry preferred.

Strong understanding of distribution channels, revenue management principles, and pricing strategies.

Proficiency in channel management tools, revenue management systems, and online booking engines.

Excellent analytical and problem-solving skills with attention to detail.

Effective communication and interpersonal skills for collaboration across departments.

Ability to thrive in a fast-paced environment and adapt to changing priorities.

If you're passionate about optimizing revenue streams, staying ahead of market trends, and driving growth in the hospitality industry, we invite you to join the Stella Stays team as our Revenue Manager. Apply now and be part of our journey to redefine hospitality experiences worldwide.

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