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We are seeking a highly skilled Revenue Optimization Manager to join our team at Rosewood Hotels & Resorts. As a key member of our revenue management team, you will be responsible for maximizing revenue for our hotel through the development and maintenance of strategy, in cooperation with Sales & Marketing and optimal use of business systems.
Key Responsibilities- Develop and implement a pricing strategy optimized based on business context, market trends, and objectives.
- Direct day-to-day yield strategy, ensuring high standards are maintained and policies and procedures are followed.
- Maximize room revenue, occupancy, ADR, and RevPAR through detailed inventory management, pricing, and distribution strategy.
- Responsible for best practice standards, including effective yield strategy, competitor analysis, and environmental scanning.
- Implement and monitor compliance with standard operating and reporting procedures across channels with standardized coding to provide real-time business analysis.
- Full utilization of available technology (PMS, distribution channels, Revenue Management System, BI) according to property-specific business mix and requirements.
- Ensure hotel management fully understands strategies and fosters a revenue management culture across the organization.
- Ongoing measurement of performance across metrics and adjustment of strategy accordingly.
- Accountable for forecasting and budgeting of revenues.
- University College Degree including advanced English (spoken and written). Local language requirement.
- Licenses & Certifications: CHIA, CRME strongly preferred.
- Minimum two years' experience as a Revenue, Sales or Reservation manager for a luxury property.
- General skills: attention to detail, speed, and accuracy; prioritize, organize, and follow-up; clear thinker; good judgment; understand guest service needs; work cohesively with co-workers; maintain confidentiality of guest information.
- Technical skills: affinity for hospitality business systems, working knowledge of economic and commercial influences, highly skilled in professional communication and data visualization.
