Revenue Manager
Hyatt is recruiting suitably qualified candidates to fill the position below:
Job Title: Revenue Manager
Req ID: LAG000010
Location: Ikeja, Lagos
Employment Type: Full-time
Job Description
- The Revenue Manager will play a crucial role in optimizing the hotel’s revenue strategy and maximizing profitability. This position requires a strategic thinker with a strong analytical background, capable of leveraging data to drive decision-making processes. The ideal candidate will work closely with various departments, including Sales, Marketing, and Operations, to ensure alignment with revenue goals.
Responsibilities
- Revenue Strategy Development: Develop and implement effective pricing strategies and yield management techniques to maximize revenue across all distribution channels.
- Market Analysis: Conduct comprehensive market research and competitor analysis to identify trends and opportunities for revenue growth.
- Forecasting: Prepare accurate forecasts for occupancy, average daily rate (ADR), and revenue per available room (RevPAR) to guide financial planning.
- Reporting: Generate regular reports on revenue performance, analyzing key metrics and presenting findings to senior management.
- Collaboration: Work closely with the Sales and Marketing teams to create promotional strategies that drive occupancy and enhance the hotel’s market presence.
- Inventory Management: Optimize room inventory distribution across all channels, including direct bookings, OTAs, and GDS platforms.
- Training & Development: Mentor and train staff on revenue management best practices and tools.
Qualifications
- Previous experience as a Revenue Manager or similar position.
- Pre-Opening experience is an advantage.
- Proven ability to work collaboratively in a team environment.
- Knowledge of current market trends and competitive landscape. and social media.
- Preference will be given to local candidates.
- Minimum of 5 years of experience in revenue management within the hotel industry.
- Strong analytical skills with proficiency in revenue management software and Microsoft Excel.
- Excellent communication and interpersonal skills.
How to Apply
Interested and qualified candidates should:
Click here to apply