Revenue Manager

Imploy Riyadh,Saudi Arabia 144 Applicants

Job Description :

Post Date : 7 Months Ago

We are seeking an experienced and analytical Revenue Manager to oversee revenue optimization strategies and processes.


Responsibilities:


Develop and implement revenue optimization strategies to maximize revenue and profitability.

Analyze market trends, competitive landscape, and customer behavior to identify revenue opportunities and risks.

Monitor and analyze key performance indicators (KPIs) such as occupancy, average daily rate (ADR), and revenue per available room (RevPAR).

Develop pricing strategies and tactics based on demand forecasts, market dynamics, and business objectives.

Implement dynamic pricing strategies and revenue management techniques to optimize pricing and inventory availability.

Collaborate with sales, marketing, and operations teams to align revenue strategies with business goals and objectives.

Conduct regular revenue meetings and reviews to analyze performance, identify trends, and make recommendations for improvement.

Utilize revenue management software and tools to automate processes and improve efficiency.

Prepare and present regular reports and analyses to senior management, highlighting revenue performance and insights.

Stay informed about industry trends, best practices, and emerging technologies in revenue management.

Qualifications:


Bachelor's degree in Business Administration, Hospitality Management, Finance, or related field; master's degree preferred.

years of experience in revenue management, pricing strategy, or related field.

Strong analytical skills and proficiency in data analysis tools and techniques.

Experience with revenue management systems (RMS) and property management systems (PMS).

Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.

Strategic thinking and problem-solving abilities.

Detail-oriented with strong organizational skills.

Ability to thrive in a fast-paced and dynamic environment.

Certification in revenue management (e.g., CRME) is a plus.


Job Info:

Job Category: Finance Job Level: Senior

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About Company

Imploy

Riyadh , Saudi Arabia 100-200 Employees