Assistant/Revenue Manager
Key Responsibilities
Revenue Management & Yield Strategy
· Monitor daily occupancy, ADR, RevPAR, booking pace, and pickup trends.
· Recommend pricing and inventory strategies to optimize revenue performance.
· Implement revenue controls including length-of-stay restrictions, room type management, and demand-based pricing.
· Monitor future demand periods and identify opportunities to maximize revenue.
· Support the execution of approved revenue management strategies.
Forecasting & Budgeting
· Prepare daily, weekly, monthly, and annual revenue forecasts.
· Monitor forecast accuracy and recommend adjustments based on market conditions.
· Assist in the preparation of annual budgets and business plans.
· Analyse booking trends, wash factors, cancellations, and market demand patterns.
· Provide revenue insights and recommendations to management.
Market Intelligence & Competitive Analysis
· Conduct regular competitor benchmarking and rate shopping exercises.
· Monitor market trends, citywide events, and demand generators.
· Analyse market performance and identify revenue opportunities.
· Track competitor pricing, occupancy patterns, and promotional activities.
· Prepare market intelligence reports and recommendations.
Inventory Management
· Manage room inventory and availability in accordance with approved revenue strategies.
· Ensure room allocations, restrictions, and inventory controls are maintained accurately.
· Work closely with Reservations and Front Office teams to optimize room utilization.
· Identify opportunities to improve room mix performance and inventory efficiency.
Commercial & Pricing Support
· Support pricing decisions for corporate, wholesale, long-stay, and group business opportunities.
· Conduct profitability analysis for special projects and business opportunities.
· Participate in weekly revenue and commercial meetings.
· Provide analytical support for commercial decision-making.
Reporting & Systems
· Generate and distribute daily, weekly, and monthly revenue reports.
· Maintain revenue dashboards and performance tracking tools.
· Ensure the integrity and accuracy of revenue data.
· Support the administration of Opera Cloud, RMS, and related hotel systems.
· Identify opportunities to improve reporting efficiency and revenue processes.
Qualifications & Experience
Education
· Diploma or Degree in Hospitality Management, Business Administration, Finance, Economics, or a related discipline.
Requirements
· Minimum 2 years of experience in Revenue Management, Revenue Analysis, Reservations, or a related hospitality discipline.
· Experience within an international hotel brand environment is an advantage.
· Pre-opening hotel experience will be an added advantage.
Skills & Competencies
· Strong analytical and numerical skills.
· Advanced proficiency in Microsoft Excel.
· Good understanding of hotel performance metrics including ADR, Occupancy, RevPAR, MPI, and RGI.
· Strong forecasting and reporting capabilities.
· High attention to detail and accuracy.
· Good communication and presentation skills.
· Ability to interpret data and provide practical business recommendations.
· Strong organisational and time management skills.