Cluster Director of Revenue Full-time Job
1 week ago Accounting & Finance Dubai 31 views Reference: 33922Job Details
Every day is different, but you’ll mostly be:
Communicates the processes to follow in terms of booking quality and correct data input into the PMS, towards the reservation and front office team
Drive Market Share and Revenue Performance through proper pricing and mix management.
Develop overall pricing strategy to include all market segments and distribution channels
Provide guidance on corporate transient negotiated pricing, group pricing for each group, and wholesale pricing
Ensure effective pricing strategies are in place to reflect asset strength relative to the competition in each market
Effectively manage and be in control of all inventory (transient, group, wholesale allotments and other) and pricing strategy in all distribution channels including branded web, 3rd party sites, TARS, and the GDS
Provides relevant information and recommendations to the Director of Sales and General Manager in the decision-making process of promotion participation, offline contracts and pricing thereof
Closely monitor competitive pricing and understand the impact of relative pricing decisions on property performance
Produce all relevant components of the Budget pertaining to Revenue Management
Validate comp set RevPAR forecast by month to ensure effective soft spot calendar planning
Identify and develop soft participations/promotions and strategies
Lead the DOSM in participation in online strategies
Understanding the 360-degree process in forecasting the revenue-based strategies
Provide complexity of mix business by knowing pricing sensitivity and play a vital role in the F&B Revenue generation.
Develop solid synergies between assigned hotels to drive revenue growth
What We need from you:
Bachelor's degree in hospitality, Business Economics, or a related field will be an asset.
Minimum 2 years of driving revenue growth including but not limited to Rooms, Food & Beverage / MICE venues, and other resort facilities.
Exposure to diverse segmentations is a must, preferably leisure and wholesale business mix. Resort experience in a dynamic market will be an added advantage
Strong analytical skills with the ability to interpret data and make informed decisions.
Proficiency in revenue management systems and tools, as well as hotel property management systems.
Excellent understanding of market trends, customer behavior, and competitive landscape.
Strategic thinking and problem-solving abilities to adapt to changing market conditions.
Familiarity with online distribution channels, pricing structures, and yield management principles
Strong leadership skills to lead, inspire and develop the Revenue and Reservations Team, strong ability to influence key stakeholders in hotels of assignments.