Director of Revenue
เกี่ยวกับตำแหน่งนี้
หน้าที่รับผิดชอบ
• Overall responsibility for the development and maximization of rate and occupancy.
• Collaborate with the Sales Department to optimize meeting space usage, ensuring maximum revenue contribution for both Rooms and Banquet services.
• Strategically optimize the segment mix of group patterns, rates, and transient rooms.
• Ensure measurable improvements for demand and availability, aiming to gain RevPAR share.
• Work collaboratively with each department to develop specific strategies for growth.
• Analysed citywide and special events, implementing Revenue Management strategies.
• Present revenue strategies, booking trends, and Key Performance Indicators (KPIs).
• Conduct weekly Revenue Management Meetings, providing insights on current booking periods and leading discussions on future strategies.
• Analysed and accurately forecasted short and long-term business trends and demands.
• Optimize and monitor marketing channels, including national and local account production.
• Ensure effective support from all channels of distribution – Web, GDS, and Wholesale.
• Conduct a weekly Revenue Management Meeting to plan strategies for each market segment and sales channel.
• Update all channels of distribution as needed with rate or inventory restrictions.
• Maximize room utilization on all hotel room types and suites.
• Manage all definite and tentative group bookings to ensure profitability.
• Drive the business plan and Key Performance Indicator (KPI) trackers for overall hotel success.
• Monitor and analyze competition weekly through competitive shops, demand 360, and Agency 360.
• Responsible for the maintenance of software programs contributing to revenue.
• Work on all Revenue Management projects and assist with the implementation of basics and standards.
• Foster a culture of Revenue Management throughout all hotel departments.
• Develop and implement succession planning for Revenue Management talent.
• Manage room and function space inventory, allocating and restricting inventory for optimal revenue and profit.
• Work closely with the Sales team on group rates, dates, and patterns, steering towards optimal time frames for the hotel.
• Prepare and present reports for hotel leadership, corporate teams, and ownership, demonstrating progress toward forecasted goals.
คุณสมบัติ
• Deep understanding of the luxury hotel market.
• Ability to identify and capitalize on maximizing revenue growth through effective utilization of systems, business processes, and industry best practices.