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Revenue Manager

MRK Associates
Posted a day ago, valid for 18 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Our global client based in London is seeking a Revenue Manager for a full-time, permanent position requiring at least 1 year of experience in hospitality revenue management.
  • The successful candidate will work closely with the Revenue Management team and play a crucial role in achieving annual revenue targets through data analysis and strategic recommendations.
  • Key responsibilities include maximizing total revenue, forecasting demand, and managing overbooking strategies, while collaborating with various stakeholders across the business.
  • Strong analytical, decision-making, and communication skills are essential, along with familiarity with hospitality systems and fluency in English.
  • The salary for this role is competitive, and the company is committed to investing in the development and career progression of its employees.

Based in London, our global client is looking for a Revenue Manager to join their team on a permanent basis, working full-time 5 days per week in the office.

This job would suit someone with at least 1 years' experience in hospitality revenue management with knowledge of the global travel and accommodation market. This person will play a key role within the commercial team, working closely with Revenue Managers to support achieving annual revenue targets through insightful analysis and well-informed recommendations.

This dynamic and leading global lifestyle accommodation brand across European capitals and has now made its way across the pond in the biggest American cities including New York and Miami.

The successful candidate will possess strong analytical and decision-making skills, which are crucial for maximising revenue in this role. Excellent communication skills are essential, as you will regularly negotiate and manage stakeholders across the business, an integral part of your day-to-day responsibilities. Confidence in your decisions is key. Additionally, you must be familiar with a range of hospitality systems, e.g. Property Management Systems, Revenue Management Systems, Channel Manager and MS Office package. Fluency in English is essential

Job responsibilities:

  • Work closely with the Revenue Management team, General Managers, Sales and Reservation teams of the cluster you are looking after
  • Analyse trends in data to develop winning revenue management strategies and outperform your competitive set
  • Maximise total revenue of the property through business mix optimisation and rate manipulation
  • Provide ongoing insight about revenue performance of your cluster to all stakeholders
  • Forecast demand per market segment for your cluster and provide supporting commentary to the management
  • Produce annual budgets per segment; participate in the process of delivering the annual sales & marketing plan
  • Manage the overbooking strategies for your cluster to maximise occupancy levels
  • Monitor and control all functions of the revenue management system and the accuracy of the reporting solution
  • Liaise with your colleagues from e-commerce, distribution and marketing to drive additional business
  • Be commercially savvy in exploring new distribution channels and technology partners
  • Take the initiative to proactively adapt strategy and tactics in changing market conditions

This is a fantastic opportunity for a revenue analyst that would like to join a complex, fast-growing business who will invest in your development and career progression.

For more information about this role or any other Revenue Manager jobs in London, please don't hesitate to contact us in confidence or visit our website.

Every application will receive a response as this is the recognised working practice at MRK Associates.

MRK Associates - AGY.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.