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Revenue Manager

Novotel Madinah
Madinah, Saudi Arabia
On-site

About this role

Job Description

  • 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.

Qualifications

  • 1-3 years of experience in revenue management roles.

  • Proven ability to work independently while also thriving in collaborative team environments.

  • Exceptional analytical skills and ability to make strategic decisions that enhance revenue growth.

  • Proficient in revenue management principles.

  • Strong understanding of the distribution landscape, online travel agencies, and emerging market trends.

  • A collaborative forward-thinking mindset with a passion for elevating revenue management as a respected and valued community of practice with key internal and external stakeholders.

  • Being curious and open-minded.

  • Additional Information

  • At Novotel Madinah, part of the global Accor family, we believe our people are at the heart of

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