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Revenue Management Specialist
hace 2 meses
**About Sin Nombre**
Sin Nombre is a dynamic and innovative company that prides itself on its commitment to excellence in the hospitality industry. We are seeking a highly skilled and experienced Revenue Management Specialist to join our team.
**Key Responsibilities**
- Manage pricing and inventory to maximize revenue and profits for our hotels.
- Develop and implement effective revenue management strategies to drive occupancy and revenue growth.
- Conduct analysis of revenue, profit, and demand associated with hotel rooms and space inventory.
- Prepare forecasts, budgets, and weekly and daily projections to inform business decisions.
- Critique sales strategy effectiveness and prepare historical and future analysis of revenue and profit opportunities.
**Core Work Activities**
- Manage revenue management projects and strategy, communicating proactively with properties regarding rate restrictions and strategy.
- Generate and provide accurate and timely results in the form of reports, presentations, and other materials.
- Analyze sales strategy and refine as appropriate to increase market share for all properties.
- Maintain accurate reservation system information and analyze period-end and other available systems data to identify trends, future needs, and obstacles to achieving goals.
- Assist with account diagnostics process and validate conclusions.
- Update market knowledge and align strategies and approaches accordingly.
- Explore opportunities that drive profit, create value for clients, and encourage innovation.
- Challenge existing processes, systems, and products to make improvements.
- Check distribution channels for hotel positioning, information accuracy, and competitor positioning.
- Analyze and report revenue management data, strategizing initiatives to increase overall and portfolio occupancy.
- Dynamic inventory allocation after analyzing segment demand.
- Control the pilferage of rooms inventory by allocating rooms to high-yielding segments.
- Liaise with marketing teams and design promotions and offers.
- Closely coordinate with stakeholders.
- Prepare forecasts of revenue and occupancy for rooms for prescribed timeframes.
- Prepare revenue opportunity analysis.
- Provide revenue analysis functional expertise and leadership to general managers, property leadership teams, and sales leaders.
- Extract and analyze data to draw viable and actionable business conclusions.
- Compile information, analyze, and monitor actual sales against projected sales.
**Building Successful Relationships**
- Develop and manage internal and external key stakeholder relationships.
- Serve as the liaison, when necessary, between property and regional/corporate systems support.
