Latest Job Posting at Marriott Hotel
POSITION: Revenue Manager
JOB OVERVIEWÂ
Manages the inventory of transient rooms for the hotel(s) and is accountable for optimizing transient revenue. The Revenue Manager returns group rooms to general inventory and maintains clear booking options for clients. The role suggests pricing strategies and placement of cluster properties. Moreover, the role supervises the inventory management system to ensure the suitability of established selling strategies.
CANDIDATE PROFILE
Education and Experience
- Associate degree from a recognized university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or a similar field; 3 years of experience in revenue management, sales and marketing, or a related professional domain.
- Bachelor’s degree in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or a related field from an accredited university, lasting 4 years; 1 year of experience in revenue management, sales and marketing, or a similar professional field.
KEY JOB FUNCTIONS
Examining and Presenting Revenue Management InformationÂ
- Gathers data, examines, and tracks real sales in comparison to expected sales.
- Recognizes the fundamental principles, causes, or facts of information by decomposing information or data into distinct components.
- Assesses data and examines outcomes to select the optimal solution and address issues.
- Utilizing computers and computer systems (comprising hardware and software) to code, develop software, configure functions, input data, or manage information.
- Produces and delivers precise and prompt outcomes in the form of reports, presentations, etc.
- Performs analysis of sales strategies and adjusts accordingly to enhance market share across all properties.
- Keeps precise information in the reservation system.
- Examines end-of-period data and other accessible system information to discern trends, upcoming required periods, and challenges to reaching objectives.
- Produces updates on temporary segments every interval.
- Aids in the account diagnostic procedure and confirms findings.
Implementing Revenue Management Initiatives and StrategyÂ
- Enhances market understanding and adjusts strategies and methods accordingly.
- Attains and surpasses objectives such as performance targets, budgetary goals, team objectives, etc.
- Participates in meetings to strategize, arrange, prioritize, coordinate, and oversee activities and solutions.
- Sets long-term goals and outlines the strategies and actions required to reach them.
- Implements a pre-established strategy and manages the execution of that strategy.
- Shows understanding of job-related topics, products, systems, and procedures.
- Recognizes and addresses the requirements of essential stakeholders (owners, corporate, guests, etc.).
- Guarantees that hotel strategies align with brand principles and initiatives.
- Guarantees that sales strategies and rate limitations are conveyed, executed, and adjusted as market conditions change.
- Compiles agenda and supporting materials for sales strategy meetings.
- Engages proactively with properties about rate limitations and strategy.
- Oversees room inventory to optimize revenue from cluster rooms.
- Aids hotels in setting prices and offers suggestions on business assessment proposals.
- Oversees initiatives to align strategies among group sales offices.
- Aids in cluster selling efforts by collaborating with all booking centers.
- Offers suggestions to enhance the efficiency of revenue management procedures.
- Grasping and conveying the importance of the brand name concerning franchise collaborations and income management possibilities.
- Supports and safeguards brand value.
Creating Effective ConnectionsÂ
- Proactively cultivates and oversees relationships with internal key stakeholders.
- Serves as a mediator, when needed, between property and regional/corporate systems assistance.
How to Apply for this Job Posting at Marriott Hotel
Closing Date:Â February 24, 2025
NOTE:
It is important to keep in mind that employers receive many applications for each job posting and will only select the most qualified candidates. Furthermore, NewsNowGh does not have any influence over the decisions made by employers/recruiters. As a result, we cannot guarantee that sending applications will lead to candidates being shortlisted or selected for a particular position.
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