Revenue Manager

2 weeks ago

Saudi Arabia Marriott Hotels Resorts Full time 4,500 - 5,500 per year
Description

Additional Information: This hotel is owned and operated by an independent franchisee, Saudi Bonyan. The franchisee is a separate company and a separate employer from Marriott International, Inc.  The franchisee solely controls all aspects of the hotel's employment policies and practices, including hiring, firing, discipline, staffing, compensation, benefits, and all other terms and conditions of employment.  If you accept a position at this hotel, you will be employed by a franchisee and not by Marriott International, Inc.

Develop and implement pricing strategies to maximize revenue. Forecasting demand using historical data, market trends, and events Dynamic pricing by adjusting rates in real-time to maximise occupancy and revenue Managing distribution channels (OTAs, direct booking, wholesalers) to ensure profitability across all Analysing booking patterns, pace reports, and pickup trends Competitor benchmarking to ensure rate positioning is competitive Revenue reporting and identifying gaps or opportunities in performance Cross-functional collaboration with sales, marketing, and operations to align goals Analyze market trends and competitor pricing to make data-driven decisions. Monitor and forecast revenue performance, identifying areas for improvement. Collaborate with sales, marketing, and finance departments to align revenue goals. Prepare detailed financial reports and present findings to senior management. Manage inventory and availability to optimize sales across various channels. Evaluate and adjust promotional activities to ensure maximum profitability. Conduct regular audits of revenue systems to ensure accuracy and compliance. Implement revenue management software and tools to streamline processes. Train and mentor junior revenue staff, fostering a culture of continuous improvement.

Bachelor's degree in finance, business, or a related field. Proven experience in a revenue management role, preferably in the same industry. Strong analytical and quantitative skills. Excellent communication and presentation skills. Strong organizational and time management skills. Effective communication skills, both written and verbal. Ability to adapt to changing market conditions and business needs. Minimum of 3-5 years of experience in revenue management (Hotel Experience) Strong leadership and team management skills.

The salary range is between 4,500 and 5,500 SAR. The company will provide housing, transportation, and meals, in addition to 30 days of annual vacation

This company is an equal opportunity employer.

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