Revenue Executive

3 days ago

Muscat, Muscat, Oman The Secure Inn Hotel Full time 40,000 - 60,000 per year

Revenue Executive is responsible for both strategic and tactical initiatives related to revenue maximization. As a member of the Revenue Management Department, you will have the opportunity to set strategic direction, determine pricing, create promotions, and explore new distribution opportunities.

You will own the implementation of a business plan and product strategy. You will have exposure to senior management and work closely with Sales, Marketing, Trade Support and Services and Reservations.

DUTIES AND OTHER RESPONSIBILITIES:

· Manage and maintain group and transient inventory controls

· Develop, monitor, and adjust sales and pricing strategies

· Provide critical analysis of strategies, room's statistics and demand factors

· Conduct competitive and demand analysis

· Maintain distribution channel data integrity.

· Excellent interpersonal and communication skills and the ability to work well with co-workers and the public.

· Attention to detail and organizational skills are a must.

· Strong time management skills and ability to prioritize work.

· Strong Microsoft Office skills, specifically Excel.

· Independently implements appropriate hotel inventory distribution strategy; maintains accurate rates and inventory allotments in the IDS and property PMS in a timely manner to promote rate parity throughout all booking channels.

· Develops near and long term top-line rooms revenue hotel forecasts upon request from the Regional Director of Revenue Management.

· Loads all preferred, consortia and promotional rates in IDS and PMS

· Spearheads troubleshooting and resolution of any IDS rate loading issues as they occur.

· Analyzes independently and determines whether hotel is effectively marketing itself across electronic distribution channels.

· Participate and prepare rolling forecast and annual budget for the property.

· Ensure that all rooms statistics reports, including the Financial statement, and any other related reports are accurate and consistent

· Ensure that all revenue management related systems are maintained including IDS/ Electronic channels etc.

· Support the NSA at the property level to complete the monthly audit in making sure that the IDS system is being utilized effectively.

· Attend Weekly Sales Meeting to maintain communication of strategies and need periods.

· In general, perform any other duties might requested by Front Office Manager or Room Division Manager.

· Perform revenue management service & maximize the revenue for the property.

· Manage all aspects of rate & inventory management as outlined in the services contract.

· Lead a team of Revenue assistants, providing direction on revenue management best practices, PMS/CRS/External Yield systems best practices, third party channel best practices.

· Creates and manages the training program of new hires to the revenue management team.

· Prepare training materials, training schedules, and systems training for the team members.

Job Type: Full-time

Pay: RO RO per month

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