Revenue Manager

4 weeks ago

Riyadh, Saudi Arabia Fairmont Ramla Serviced Residences Riyadh (Opening Soon) Full time

Company Description

"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
Do what you love, care for the world, dare to challenge the status quo #BELIMITLESS"

**Job Description**:
Overall responsible for preparing and executing Revenue Strategy for all aspects of the organization. Responsible for maximizing room revenue contribution through a thorough understanding of all booking channels and management of inventory and rate therein. Optimizes hotel and corporate pricing strategies through definition and management of BAR levels, stay restrictions and other tactics, which are congruent with demand factors, and which are managed through all distribution channels

What’s in it for you:

- Take advantage of opportunities to be recognized for your professional contributions.
- Employee benefit card offering discounted rates in Accor worldwide.
- Learning programs through our academies
- Opportunity to develop your talent and grow within your property and across the world.
- Ability to make a difference through our Corporate Social Responsibility activities like Planet 21

What you will be doing:

- Maximizes hotel RevPAR through a thorough understanding of all booking channels and management of inventory and rate therein.
- Continuous analysis of changing channel distribution models and the impact on consumer booking trends.
- Produce and analyze current and historical demand including lost business turndown, rooms on the books, competitive set and market trends to aid in more accurate forecasting.
- Ensure all related systems are configured correctly, validated, and working to full capacity.
- Operationalizes hotel and corporate pricing strategies through definition and management of rate levels, stay restrictions and other tactics, which are congruent with demand factors and which are managed through all distribution channels.
- With rate integrity a cornerstone of our pricing strategy, the Director of Revenue will maintain rates which promote integrity and which protect the order of long-term customer value.
- Works with Director of Sales and Director of Marketing to determine effective and engaging rate offers (packages) which are then offered in to the right customer in the right channel.
- Monitors transient, group and tour booking pace in order to determine pricing and availability controls for all reservation distribution sources. Discusses changes to, and implements those changes in distribution plan accordingly.
- Develops fundamentals and provides guidelines to maximize revenues related to the sale of catering events, function space and all other revenue streams at the Hotel.
- Completes all rooms and revenue forecasting to accurately project unconstrained demand using Demand Analysis Strategy.
- Works with Director of Sales and Sales Team members to encourage strategic selection of the right piece of business.
- Tracking and analysis of competitive set pricing and yield strategies, gaining the ability to predict the comp set reaction to changes in the marketplace.
- Plays an active role in the Strategic Planning, Marketing Plan and budgeting processes.
- Chairs and prepares materials for the weekly Revenue Management Meetings and follows the Accor guidelines for meeting content.
- Prepares timely revenue summaries as required by the Revenue Management Team.
- Provides guided learning so that all areas of the hotel that impact revenue are fully aware of the hotel Revenue Management strategies and understand their role in the plan.
- Provides training to Reservations and Front Desk employees on upselling and negotiating techniques.

**Qualifications**:
Your experience and skills include:

- Business Development and commercial minded.
- Strong sense of need for achievement of goals and success.
- Sound ability and knowledge to develop standards of operations and strategic processes.
- Good analytical and numeric skills.
- Ability to work under own initiative in a highly pressured environment.
- Good listening skills and the ability to anticipate business needs.
- Able to develop relationships with 3rd parties and the hotel teams.
- Capacity to read situation, understand environments and respond accordingly.
- Well-developed interpersonal, adaptive influencing and supervisory management skills

Additional Information

Our commitment to Diversity & Inclusion:
We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.

  • Revenue Management

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Six Flags Qiddiya City and Aquarabia Full time

    As part of our ongoing recruitment process, we are building a CV pool for future opportunities in the Revenue Management department at Six Flags Qiddiya City.If you have experience in revenue management and are interested in joining our team, please submit your CV along with a cover letter specifying your areas of expertise and the type of role you are...

  • Revenue Manager

    2 months ago

    Riyadh, Saudi Arabia FAIRMONT Full time

    Company Description "Why work for Accor? We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless...

  • 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...

  • Director of Revenue Management

    1 week ago

    Riyadh, Saudi Arabia Mandarin Oriental Hotel Group Full time

    **Position**: Director of Revenue Management (Full time #510729) **Property / Office**: Al Faisaliah Hotel, Riyadh **Location**: Riyadh, Saudi Arabia As a **Director of Revenue Managemen**t**, **you will be responsible for maximizing revenue and profit associated primarily with rooms, but also function space or total hotel revenue, e.g., spa, as required....

  • Revenue Manager – Franchised

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Marriott International Full time

    Job Number Job Category Revenue ManagementLocation Courtyard Jazan, Al Riyadh Road next to Rashid Mall, Jazan, Saudi Arabia, Saudi Arabia VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? YPosition Type ManagementAdditional Information: This hotel is owned and operated by an independent franchisee, Saudi Bonyan. The franchisee is a separate company...

  • Director of Revenue Cycle Management

    7 days ago

    Riyadh, Saudi Arabia King Abdullah bin Abdulaziz University Hospital Full time

    **Job Purpose - The Director of Revenue Cycle Management is a key leadership position accountable for the holistic performance of the hospital's revenue cycle, from patient access to billing, claims, revenue integrity, and collections. In this role, you will supervise the managers responsible for these areas, driving efficiency and effectiveness across the...

  • Revenue Management

    2 months ago

    Riyadh, Saudi Arabia Six Flags Qiddiya City and Aquarabia Full time

    As part of our ongoing recruitment process, we are building a CV pool for future opportunities in the Revenue Management department at Six Flags Qiddiya City. If you have experience in revenue management and are interested in joining our team, please submit your CV along with a cover letter specifying your areas of expertise and the type of role you are...

  • Director of Revenue Cycle Management

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia King Abdullah bin Abdulaziz University Hospital Full time

    **Job Purpose The Director of Revenue Cycle Management is a key leadership position accountable for the holistic performance of the hospital's revenue cycle, from patient access to billing, claims, revenue integrity, and collections. In this role, you will supervise the managers responsible for these areas, driving efficiency and effectiveness across the...

  • Revenue Cycle Management Manager

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Deka Minas Pty Ltd TA Deka Minas Full time

    These jobs were popular with other job seekersOur client is a private General Hospital located in, Riyadh, Saudi Arabia. As an accomplishment of its commitment to excellence, our client received the "Diamond" accreditation which is the highest level of recognition for performance excellence that an organization can achieve in health care from Accreditation...

  • Director of Revenue

    3 weeks ago

    Riyadh, Saudi Arabia InterContinental Full time

    Ensures smooth and efficient operations in the department through prompt, effective, and valid reservations service to achieve maximum room revenue to meet or exceed the revenue target. Your day-to-day: - As Revenue Director you will Implement and support Hotel pricing, market strategy, yield, distribution & selling strategies, and revenue management best...

  • Revenue Analyst

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Charterhouse Full time

    The RoleCharterhouse is working with a leading international law firm who are looking to recruit an experienced Revenue Analyst for their growing office in Riyadh. Our client has a strong presence within the Middle East, and is highly reputed across various disciplines in the region. The firm is looking for an experienced Revenue Analyst for their back...

  • Revenue Cycle Management Manager

    3 weeks ago

    Riyadh, Saudi Arabia Deka Minas (Pty) Ltd Full time

    **_Please note that this position is based in The Middle East, relocation, accommodation and additional benefits apply._** A trusted and well established client of ours in The Middle East is seeking an experienced Revenue Cycle Management Manager (Chartered Accountant). The function of Revenue Cycle Management Manager is to manage the organisation's...

  • Revenue Accountant

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia FTI Consulting, Inc. Full time

    Who We AreFTI Consulting is the world's leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world's leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a...

  • Revenue Management Specialist Professional

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Mobily Full time

    Job SummaryDetermine financial status by comparing and analyzing plans and forecasts with actual results. Monitor and highlight deviations against set targets and plans. Ensure appropriate business performance measures in strategic areas. Analyse the data accurately in a timely manner to reflect the current business situation and deviations; analyse results...

  • Revenue Management Specialist Professional

    3 months ago

    Riyadh, Saudi Arabia Mobily Full time

    Job Summary Determine financial status by comparing and analyzing plans and forecasts with actual results. Monitor and highlight deviations against set targets and plans. Ensure appropriate business performance measures in strategic areas. Analyse the data accurately in a timely manner to reflect the current business situation and deviations; analyse results...

  • Revenue Management Specialist Professional

    2 months ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Mobily Full time

    Job SummaryDetermine financial status by comparing and analyzing plans and forecasts with actual results. Monitor and highlight deviations against set targets and plans. Ensure appropriate business performance measures in strategic areas. Analyse the data accurately in a timely manner to reflect the current business situation and deviations; analyse results...

  • Revenue Cycle Operations Manager

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Bupa Arabia Full time

    Bachelor's degree in finance, business administration, or related field, preferably a professional accounting certification such as CPA.Deep understanding of revenue cycle processes, including billing management, collections, and financial reporting.Previous experience managing revenue cycle operations, either within the same industry or outside of it.Strong...

  • Revenue Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Capital Metro Company (CAMCO) Full time

    Key ResponsibilitiesCollect and extract data from the AFC system daily and share with all the stakeholders.Yes ☒Yes ☒Audit, track and ensure the revenue generated from stations are properly being accounted and reconciled.Yes ☒Yes ☒Daily Cash Reconciliation for all stationsReconciliation of Manual Revenue reports, System Reports and CCC...

  • Director of Revenue

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia MOVENPICK Full time

    Company DescriptionOur Vision, we make momentsMövenpick Hotels & Resorts (MH&R) is in the "moments" business. We're intimately involved in important times in our guests lives. And you never know when a moment can be made. A simple smile in the lobby can create the positivity that turns a business trip into a new business celebration. An insider tip on the...

  • General Manager of Revenue Policies

    1 month ago

    Riyadh, Saudi Arabia Professional Recruitment Full time

    **Responsibility**: - Responsible for the implementation and continuous optimization of all revenue - Create, present and implement a revenue and policies. - Monitor and adjust the policies. - Identification incremental revenue through different revenue segments. - Create and maintain revenue management and distribution documentations **Requirements and...