Accor Hotels
Director of Revenue / Revenue Manager
Company
Accor Hotels
Role
Director of Revenue / Revenue Manager
Location
Bangkok, Bangkok, th
Job type
Full-time
Posted
15 hours ago
Salary
Job description
- Revenue Optimization: This is the primary function. It involves analyzing market trends, demand patterns, and competitor pricing to determine the optimal pricing strategies for rooms and other revenue-generating areas.
- Responsible for creating accurate forecasts of future demand, which inform budgeting and strategic planning.
- Contribute to the hotel's overall strategic planning by sharing timely accurate data to management and providing insights into revenue trends and opportunities.
- Develop and implement revenue strategies for the hotel.
- Monitor competitor pricing and market trends to adjust strategies.
- Lead the weekly/bi-weekly Revenue Management meetings providing insights based on reporting data.
- Develop topline revenue forecasts and actively seek opportunities to drive incremental profit across all revenue centers of the business.
- Conduct regular performance reviews and optimize pricing and inventory.
- Mentor, coach and develop junior team members in revenue management practices.
- Collaborate with sales, finance, and front office teams to achieve revenue goals.
- Ensure reservations are well managed and coordinate with the reservations team.
- Drive market share in your competitive set and ensure all systems are adequately used to optimize RevPAR.
- Leverage your knowledge of the distribution landscape, including online travel agencies and distribution networks to optimize hotel profits.
- Responsible for data quality and system hygiene of Revenue Management and Distribution applications; platforms and tools used by the hotel.
- A bachelor's degree in fields like Hotel Administration, Business Administration, Finance, Marketing, or a related field is preferred.
- Strong strategic business thinking and orientation.
- Knowledgeable in travel pattern and characteristics of feeder markets.
- Ability to consolidate and analyze large volumes of data in an efficient manner.
- Employee benefit card offering discounted rates at Accor hotels worldwide.
- Develop your talent through Accor’s learning programs.
- Opportunity to grow within your property and across the world!
- Ability to contribute to the community and make a difference through our Corporate Social Responsibility and Environmental, Social, and Governance (ESG) activities.
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