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Revenue Manager (Expat)

Position

Revenue Manager (Expat)

Location

Bangkok, Thailand

The Company

5* Hotel

Salary and Benefits

Negotiable

Job description

  • Edit and compile a weekly COO report for all segments including room nights, ATR and revenue on a weekly basis for the following week based on history, business on the books and pick-up trend.
  • Create a monthly forecast for all segments including room nights, ATR and revenue on a monthly basis of the next 12 months rolling.
  • Be actively involved in the yearly budget & marketing plan process for room nights, ATR and revenue.
  • Monitor rate availability and inventory available for sale in relation to expected demand versus supply of hotel and market to ensure that the RevPAR of the hotel is maximized at all times.
  • Monitor overselling and ensure that forced upgrades are minimized.
  • Review Wholesale Allotment as part of overall business mix optimization strategy.
  • Work with Reservation Department to ensure that the appropriate rates, promotions, packages and inventory are available on all distribution channels including ORS, OWS, GDS, Internet and Extranet.
  • Implement a group booking guideline including ceiling for current year and next year based on demand forecast according to an optimized business mix strategy and review on a weekly basis with Sales & Marketing. 
  • Determine optimum Length of stay restrictions to maximize revenue over time if demand exceeds supply (no automates RMS)
  • Access and use Topline Prophet – TLP (automates RMS) on a daily basis to ensure the Hurdle rate recommendations result in maximum RevPAR. Review override report and minimize overrides.
  • Ensure that Sales is using TLP to evaluate potential group business and to determine displacement values.
  • Work with Reservation Department to ensure that Hurdle Rates/Restrictions are applicable in all channels.
  • Review competitive information reports for benchmarking against competitive set and develop selling strategy to increase the RevPar.
  • Analyze historical data of individual guests at both hotel and group wide level, to identify opportunities for higher total revenue and profit per customer stay, cross-selling opportunities, value added packages, incremental pricing or occupancy ect.
  • Analyze distribution channels and companies to understand transaction costs, customer type  and revenue and suggest incremental profitability opportunities.
  • Analyze past data to understand the price elasticity of the hotel’s demand in different market segments to devise the appropriate pricing strategy for all products and services.
  • Conduct weekly Revenue Strategy Meetings with the Revenue Team including General Manager, DOSM and key department heads. Review the weekly forecast and critique against actual for last week, decide on yield strategy for following week and pricing strategy for next month. Include Strategies of other revenue generating departments as seen fit.
  • Communicate strategy to relevant departments and monitor implementation.
  • Work with DOS to ensure set revenue production targets from accounts are achieved and have time-related strategic value.
  • Assume other duties as requested by management.

Profile

  • Expat age 30-45 years old
  • MBA/Bachelor’s Degree preferably in Hospitality field
  • Experience max 3 years in similar capacity/ position and 3 years in an international hotel
  • Strong Analytical skills, Project planning skills, Problem solving skills, Efficient and diligent working skills
  • Open-minded Team Player
  • Helpful, but not mandated, experience in Sales, Reservations, Front Office, Catering, F&B, Accounting, Spa
  • Helpful, but not mandated, experience with an automated RMS
  • English read, written and spoken fluently

Starting Date

As soon as possible

Other

Our Client is a 5* International Chain hotel with 300+ Rooms and  7 F&B Outlets.

Please note that this position is available for Expats only.

We look forward to receive your application.

The Global Expat Team

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