Director of Revenue

at  Five Hotels and Resorts

Dubai, دبي, United Arab Emirates -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate07 Sep, 2024Not Specified08 Jun, 2024N/AGood communication skillsNoNo
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Description:

Responsibilities:

  • Drafts and Reviews the established Pricing Strategy with the General Manager.
  • Maximises Hotel Revenue Contribution across all distribution channels, incorporating a continuous analysis of changing Channel Distribution Models and their impact on Consumer Booking Trends.
  • Works with the top-line Team to determine Effective and Engaging Rate Offers (packages) tailored to the preferences of FIVE’s Guests.
  • Sets up Standard Operating Procedures in the Revenue and Reservations Team.
  • Actively monitors the Competitive Market Environment, elaborating revenue-optimising tactics and strategies to maximise the Revenue Generation Index (RGI).
  • Drives the forecasting process for all Operating Departments, identifying revenue potentials and supply and demand variables for the property.
  • Assists the Director of Sales and Marketing with Pricing and Demand Projects based on clear briefs, ensuring an Advantageous and Leading market position.
  • Reviews Market Trends and Benchmarks against competition with a focus on Market Dominance.
  • Closely monitors competitors for shifts in Demand, Rate, and Strategy, incorporating daily Pick-Up Analysis, Strategy Adjustments, and Reporting to maintain a front-running market presence.
  • Identifies areas needing Improvement and Competitor Set Strengths, and develops strategies to best capture Market Share in the industry.
  • Drives Revenue-Generating Initiatives to optimise Top-Line Revenues.
  • Provides a dynamic weekly forecast of Expected Results, Variances, and Budget Comparisons, offering a comprehensive and sharp financial overview.
  • Configures and manages key systems, including the Revenue Management System, Central Reservation System, Property Management System, and respective Distribution Platforms.
  • Ensures all related systems are Configured correctly, Validated, and Working to Full Capacity.
  • Maintains Pricing Integrity, regularly checking distribution channels for Hotel Positioning, Information Accuracy, and Competitor Positioning.
  • Communicates Revenue Management strategies to the Room Reservations Team and other teams as required.
  • Analyses overall Monthly Hotel Performance and provides a Summary Report with recommendations to improve Long-Term Strategies, contributing to FIVE’s Next-Level Success.


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Hospitality

Marketing / Advertising / MR / PR

Hospitality

Graduate

Business, Finance

Proficient

1

Dubai, United Arab Emirates