Revenue Manager at Fairmont Chateau Lake Louise Alberta

Medina, Medina Province, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

23 Feb, 26

Salary

0.0

Posted On

25 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Revenue Management, Market Analysis, Pricing Strategies, Data Analysis, Communication Skills, Presentation Skills, Yield Management, Data Visualization, Hospitality Market Knowledge, Organizational Skills, Team Player, Adaptability, Collaboration, Forecasting, KPI Monitoring

Industry

Hospitality

Description

Job Description We are seeking a highly analytical and goal-oriented Revenue Manager to join our team in Novotel Madinah, Saudi Arabia. As a key member of our organization, you will be responsible for developing and implementing strategies to maximize revenue and market share for our hotel properties. Develop and execute revenue management strategies to optimize room revenue and occupancy rates Conduct regular market analysis and competitor benchmarking to identify trends and opportunities Create and maintain pricing structures across various distribution channels Generate accurate forecasts and reports to support decision-making processes Collaborate closely with sales, marketing, and operations teams to align revenue strategies Monitor and analyze key performance indicators (KPIs) to ensure revenue goals are met Implement and manage revenue management systems and tools Stay updated on industry trends and best practices in revenue management Provide training and guidance to team members on revenue management principles Develop and maintain strong relationships with online travel agencies and key partners Qualifications Bachelor's degree in Hospitality Management, Business Administration, or related field Minimum of 3-5 years of experience in hotel revenue management Strong analytical skills with a proven track record of driving revenue growth Proficiency in MS Office suite, particularly Excel for data analysis Experience with revenue management systems such as Opera Cloud PMS and IDeaS RMS Excellent communication and presentation skills, with the ability to explain complex data clearly Strong understanding of pricing strategies and yield management techniques Experience with data visualization tools to create impactful reports Knowledge of the local hospitality market in Makkah, Saudi Arabia Fluency in English; Arabic language skills are a plus Demonstrated ability to work efficiently in a fast-paced, detail-oriented environment Strong organizational skills and ability to manage multiple priorities Team player with a commitment to achieving organizational goals Adaptability to changing market conditions and willingness to innovate revenue strategies

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Responsibilities

The Revenue Manager will develop and implement strategies to maximize revenue and market share for the hotel properties. This includes conducting market analysis, creating pricing structures, and collaborating with various teams to align revenue strategies.