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Hotel Revenue Executive

Bangalore
Full-Time
Junior: 1 to 3 years
1L - 4L (Per Year)
Posted on Nov 17 2022

Not Accepting Applications

About the Job

Skills

Hotel Management
OTA
hotel booking
Property Management Systems
AMS
Travel & Tourism
extranets

Job Responsibilities & Duties 

  • Oversee revenue management and distribution strategy of the hotel and manage day-to-day yield operations. 
  • Daily pick-up analysis, strategy adjustments, and reporting. 
  • Create and maintain a 12-month rolling demand calendar. 
  • Create and develop pricing strategies in conjunction with the individuality of each hotel. 
  • Provide a weekly dynamic forecast of expected results, variances, and budget comparisons. 
  • Manage and oversee strategy for all 3rd party distribution 
  • Responsible for assessing, analyzing, and pricing group business strategies 
  • Analyze overall monthly hotel performance and provide a summary report with recommendations to improve long-term strategies. 
  • Ensure all related systems are configured correctly, validated, and working to full capacity 
  • Oversee and audit the standards and operations of the reservations department. 
  • Ensure the website booking process is maintained up-to-date and functional. 
  • Ensure hotel personnel are fully competent in the use of all systems 
  • Regularly check the input and the quality of data (segmentation, tracking, etc.…) points. 
  • Conduct quarterly property performance reviews and develop strategic and tactical action 
  • Responsible for best practice standards to include competitor analysis, market modeling, distribution yield management, inventory availability by channel, pricing control, and new pricing concepts 
  • Prepare an outline for and support the annual revenue budget process. 
  • Inspire Hotel’s HODs to further embed a revenue management culture. 
  • Advise and coach the client in other operational areas. 
  • Visit the hotels to get first-hand knowledge of all revenue management issues and other key areas. 
  • Any other reasonable requests made by management. 

Personality 

  • Business Development and commercial minded. 
  • Strong sense of need for achievement of goals and success. 
  • Sound ability and knowledge to develop standards of operations and strategic processes 
  • Good analytical and numeric skills for fast data crunching. 
  • Ability to work under my own initiative in a highly pressured environment. 
  • Good listening skills and the ability to anticipate business needs. 
  • Able to develop relationships with 3rd parties and hotel teams. 
  • Capacity to read situations, understand environments and respond accordingly 
  • Capable of prioritizing between revenue-generating actions and time-consuming tasks with low yield impact. 
  • Well-developed interpersonal, adaptive influencing, and supervisory management skills 
  • Willingness to travel and ability to interact professionally with other cultures 
  • The mentality of client service and taking responsibility beyond direct duties. 
  • High level of motivation, determination, and commitment. 

Experience & Qualifications 

  • 2 – 3 years of hands-on Hotel Revenue Management experience. 
  • A strong command of both written and spoken English is required; additional languages are an asset. 
  • Bachelor's or master’s degree in Hotel Management, Tourism, or Economic Studies. 
  • Highly computer literate with a high-level command of Excel. 
  • Knowledgeable of hotel technology: PMS, Channel Manager, Extranets 

 

 

About the company

SYSOTEL is creating India's first Hotel Revenue Automation all-in-one platform which collects market data, analyzes it using AI/ML, evaluates market demand, profitable rates and yieldable inventory and distributes in real time to the Hotel supply chain to maximize hotel profitability at a very affordable price.

Industry

Software Development

Company Size

11-50 Employees

Headquarter

Bengaluru