B

Brainforce

Group Revenue Manager

Business OperationsConfirmed live in the last 24 hours
Full-timePaphos, Cyprus€3.5k - €5k /mo

About the Job

Requirements

  • A bachelor's degree in Hospitality Management, Business Administration, Finance, Economics, or a related discipline is required.
  • At least five years of relevant revenue management experience is required, preferably in a five-star hotel or luxury resort; managing revenue for multiple properties or a hotel cluster is an advantage.
  • Fluency in English is required.
  • Strong knowledge of revenue management principles, demand forecasting, dynamic pricing, market segmentation, and distribution strategies is required.
  • Experience with hotel Property Management Systems (PMS), Revenue Management Systems (RMS), channel managers, and booking engines is required, along with advanced Microsoft Excel skills.
  • Strong analytical, numerical, organizational, and problem-solving skills are required.
  • Commercial awareness, attention to detail, and the ability to translate data into effective business strategies are required.
  • Ability to manage multiple properties and priorities simultaneously in a fast-paced environment is required.
  • Ability to communicate and present recommendations to senior management and collaborate effectively across departments is required.
  • Willingness to travel between the Group’s properties when needed is required.

Responsibilities

  • Develop and implement pricing, forecasting, and revenue optimization strategies for each property to maximize revenue and profitability across the Group.
  • Monitor market trends, competitor performance, booking patterns, and demand fluctuations to identify business opportunities.
  • Manage room inventory, distribution channels, and online sales strategies to ensure optimal availability and market positioning.
  • Set up and maintain rates, restrictions, and inventory across the Property Management System, channel manager, booking engine, and online travel agencies, ensuring rate parity and data accuracy for every property.
  • Analyze key performance indicators, including occupancy, average daily rate, revenue per available room, and revenue forecasts, and take corrective action when required.
  • Prepare revenue forecasts, budgets, and performance reports, and provide strategic recommendations to the Board, Group senior management, and hotel General Managers.
  • Collaborate with hotel General Managers and the Sales, Marketing, Reservations, Front Office, and Finance teams to maximize revenue opportunities and achieve commercial objectives.
  • Review group bookings, corporate rates, tour operator contracts, and promotional offers to ensure optimal profitability.
  • Manage tour operator allotments, release periods, and contracted rates, working with Sales and Contracting on new and renewed agreements.
  • Manage relationships with key online travel agency partners and use promotions, visibility programmes, and marketing opportunities effectively.
  • Monitor booking pace, cancellation trends, and market demand to adjust pricing strategies and maximize revenue potential.
  • Evaluate distribution channel performance and optimize the channel mix to improve profitability and minimize acquisition costs.
  • Conduct regular competitor benchmarking and market analysis to maintain each property’s competitive position.
  • Lead pricing and distribution strategy for new hotel openings and properties joining the Group.
  • Develop and standardize revenue management processes, tools, and reporting across the Group, and train and support Reservations and Front Office teams on revenue practices.
  • Ensure revenue management practices support the Group’s financial objectives, brand positioning, and five-star service standards.
  • Perform other duties and responsibilities related to the position as assigned by the Director of Business Development.

Desired Qualifications

  • Experience managing revenue for multiple properties or a hotel cluster is a strong advantage.
  • Additional languages are an advantage.
  • Experience with business intelligence tools such as Power BI and AI tools is an advantage.

About the Company

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