Hotel Revenue Optimization Expert
4 days ago
About Kimpton Riyadh
Located in King Abdullah Financial District, Kimpton Riyadh is the first Kimpton hotel in the Middle East. The hotel welcomes guests to experience its 212 guest rooms and suites and to enjoy its unique dining options. We're looking for passionate individuals to join the pre-opening team and be part of something new and exciting.
Job Description
As a Hotel Revenue Optimization Expert, you will play a crucial role in driving hotel revenue growth and maximizing profitability. Your responsibilities will include:
- Data Analysis: Conduct detailed analysis of revenue, profit, and demand data to identify trends and opportunities.
- Forecasting and Budgeting: Prepare accurate forecasts and budgets to guide the hotel's financial planning and strategy.
- Rate and Inventory Management: Manage room rates and inventory to maximize revenue, including setting and adjusting prices based on demand and market conditions.
- Performance Reporting: Generate and update revenue management reports, providing insights to the management team.
- Market Analysis: Conduct competitive analysis and market research to understand the hotel's position in the market and identify potential areas for growth.
Requirements
- Bachelor's degree in Hotel Administration or related field
- Two to three years' experience in revenue management or a related field
- International luxury hotel chain background
- GCC exposure
- English fluency is required; Arabic fluency is preferred
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