Revenue Manager Dubai UAE

Position: Revenue Manager

Date posted: 2023-11-15

Industry: other

Employment type: Full Time

Experience: 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 6000 to 8000

Location: Dubai, United Arab Emirates

Company: Confidential

Description:

Hiring Revenue Manager

Key Responsibilities:

Rate Management:

  • Monitor and adjust room rates based on market demand, competitor analysis, and historical data.
  • Ensure rate parity across all distribution channels, including the hotel’s website, online travel agencies (OTAs), and Global Distribution Systems (GDS).

Demand Forecasting:

  • Analyze historical data, booking patterns, and market trends to accurately forecast demand.
  • Develop and implement strategies to maximize revenue during peak and off-peak periods.

Distribution Channel Management:

  • Manage relationships with OTAs, tour operators, and other distribution partners.
  • Negotiate contracts and terms to optimize revenue and distribution reach.

Competitor Analysis:

  • Continuously monitor competitor pricing and positioning to maintain a competitive edge.
  • Provide insights and recommendations to the management team based on competitor analysis.

Inventory Management:

  • Oversee room inventory allocation to different distribution channels.
  • Implement strategies to minimize overbooking and underutilization of rooms.

Reporting and Analysis:

  • Generate regular reports on revenue performance, booking trends, and market share.
  • Identify areas for improvement and make data-driven recommendations.

Price Optimization:

  • Implement dynamic pricing strategies to capture market share and maximize revenue.
  • Utilize pricing tools and software to automate and streamline rate adjustments.

Collaboration:

  • Work closely with the sales and marketing teams to align pricing strategies with promotional campaigns and events.
  • Collaborate with revenue management systems and technology to enhance efficiency.

Qualifications:

  • Bachelor’s degree in Hospitality Management, Business, or a related field (Master’s degree preferred).
  • Minimum of 5 years of experience in revenue management or yield management within the hospitality industry.
  • Proficiency in revenue management software and tools.
  • Strong analytical and data-driven decision-making skills.
  • Excellent negotiation and communication skills.
  • Ability to work in a fast-paced, dynamic environment.
  • In-depth knowledge of the Dubai hospitality market is a plus.
  • Certification in revenue management is advantageous

With the subject line “Revenue Manager

Leave a Reply

Your email address will not be published. Required fields are marked *