Revenue Manager
Accor
Date: 7 hours ago
City: Riyadh
Contract type: Full time
Company Description
"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS"
Job Description
Job Summary
The Revenue Manager is responsible for maximizing revenue and profitability for Fairmont Riyadh. This role involves developing and implementing effective revenue management strategies, analyzing market trends, and optimizing pricing and inventory management to ensure the hotel's financial success.
Key Responsibilities
Qualifications and Skills
"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS"
Job Description
Job Summary
The Revenue Manager is responsible for maximizing revenue and profitability for Fairmont Riyadh. This role involves developing and implementing effective revenue management strategies, analyzing market trends, and optimizing pricing and inventory management to ensure the hotel's financial success.
Key Responsibilities
- Develop and implement comprehensive revenue management strategies to maximize revenue and profitability.
- Conduct market research and analysis to identify trends and opportunities.
- Optimize pricing strategies to maximize revenue while maintaining market competitiveness.
- Manage inventory effectively, balancing demand with supply to optimize room rates and occupancy.
- Analyze historical data and forecasting tools to make informed decisions.
- Monitor and evaluate the performance of revenue management initiatives.
- Collaborate with other departments, such as sales, marketing, and operations, to ensure alignment and optimize revenue generation.
- Develop and implement revenue management training programs for the team.
- Stay updated on industry trends and best practices in revenue management.
Qualifications and Skills
- Bachelor's degree in Hospitality Management, Business Administration, or a related field.
- Minimum two years of experience in revenue management within the luxury hotel industry.
- Strong analytical and problem-solving skills.
- Proficiency in using revenue management software and tools.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and meet deadlines.
- Strong attention to detail and accuracy.
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