Revenue Strategist

22 hours ago

Muscat, Muscat, Oman beBeeRevenuemanager Full time 50,000 - 70,000
Job Title: Revenue Strategist

The Revenue Strategist plays a pivotal role in optimizing hotel revenue and profitability through effective management of room pricing, inventory, and distribution channels.

This involves analysing market trends, forecasting demand, and implementing strategic pricing strategies to optimize occupancy and average daily rate (ADR) while ensuring alignment with the hotel's overall business objectives.

  • Develop and implement revenue optimization strategies to maximize hotel profitability across all market segments.
  • Monitor daily, weekly, and monthly performance metrics such as occupancy, ADR, RevPAR (Revenue per Available Room), and market share.
  • Analyse competitor pricing, market trends, and demand patterns to adjust pricing strategies accordingly.
  • Manage room inventory allocation across all distribution channels, including direct bookings, OTAs, GDS, and corporate accounts.
  • Collaborate with sales, marketing, and front office teams to align promotional offers, group bookings, and special events with revenue goals.
  • Prepare accurate forecasts and budgets, providing management with detailed reports and actionable insights.
  • Utilize revenue management systems to optimize pricing and inventory.
  • Ensure effective use of the hotel's property management system and channel management tools.
  • Conduct regular training for front office and reservations teams on revenue management principles and tools.
  • Identify opportunities for upselling and cross-selling to increase overall revenue.
Requirements:
  • Bachelor's degree in Hospitality Management, Business, Finance, or related field.
  • Minimum 3–5 years of experience in revenue management or a related role in the hospitality industry.
  • Strong analytical and numerical skills with a good understanding of financial metrics.
  • Proficiency in revenue management systems and property management systems.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with the ability to work under pressure and meet deadlines.

We value diversity and inclusion. We welcome applicants from diverse backgrounds and promote a culture of trust, support, and acceptance. Our team members are our greatest asset, and we provide them with the resources and opportunities they need to succeed.

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