1 Job in Delray Beach, FL
Opal Collection & Affiliates Call Center and Revenue Office is Hiring a Revenue Manager (Experienced) Near Delray Beach, FL
The Revenue Manager will develop and oversee strategic tactical plans in all market segments in order to optimize occupancy, ADR and RevPar for multiple properties. The applicant is responsible for hotel revenue management strategies based on complete analysis of the competitive set, distribution channels, historical data, and marketing. The result of these revenue strategies must exceed overall expectations.
www.ophotels.com
Overall responsibilities:
· Revenue Management expertise in management of systems and distribution channels, hotel pricing and restrictions, inventory management as well as competitor analysis.
· Detailed forecasting on a weekly basis and annual budgeting for multiple properties.
· Execute and analyze reports with regard to historical numbers, market trends and revenue strategies.
· Implement strong future strategies to make relevant decisions and maximize overall revenue for multiple properties.
· Establish group strategy in regards to effective group pricing, pattern, and base with sales departments.
· Direct weekly revenue meetings with efficient preparation, analysis of past performance, and future strategy discussions with executive members of properties.
· Improve property performance by strategizing with other team members about overcoming market and property challenges, and marketing initiatives.
· Manage all distribution and reservation channels including GDS, ecommerce, websites and call centers to ensure proper positioning and selling strategy.
Requirements:
· Hotel Revenue management experience required
· The ability to work independently and as a team leader
· Strong communication skills
· Exceptional analytical skills
· Ability to solve problems quickly
· Exceptional organizational skills
· Ability to efficiently manage time while balancing a large workload
· Highly proficient in Excel, Word, and Outlook
· Proficient use of property PMS, reservation and hotel revenue management systems
· A bachelor's degree or equivalent work experience
This position is not remote and will be performed in a specific location.
Job Summary
Full Time
$105k-152k (estimate)
01/14/2024
05/24/2024
The job skills required for Revenue Manager (Experienced) include Pricing, Revenue Management, Futures, Forecasting, Inventory Management, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue Manager (Experienced). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Revenue Manager (Experienced). Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Revenue Manager (Experienced) positions, which can be used as a reference in future career path planning. As a Revenue Manager (Experienced), it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Manager (Experienced). You can explore the career advancement for a Revenue Manager (Experienced) below and select your interested title to get hiring information.
If you are interested in becoming a Revenue Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Revenue Manager job description and responsibilities
A revenue manager uses market data to set pricing or business strategy.
02/15/2022: Anderson, IN
Revenue managers oversee the process of collecting and organizing analytical data related to an organization’s revenue, sales, and other financial activities.
01/25/2022: San Jose, CA
An on-site revenue manager can benefit from firsthand knowledge of the market and activities at the hotel, but, thanks to technology, hotels can leverage the skills of a corporate revenue manager with great results.
02/23/2022: Montgomery, AL
Revenue managers also work closely with the Marketing department to create promotional offers and campaigns.
04/15/2022: San Bernardino, CA
Simply, revenue management means predicting consumer behavior to sell the product at an optimal price every day.
04/03/2022: Philadelphia, PA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Revenue Manager jobs
Some revenue management jobs may only require an associate’s degree and work experience.
02/19/2022: Fort Myers, FL
Channels are often closely tied to the customer segments that use them, so depending on the product type, a revenue manager can choose a channel and set prices for a particular segment of a target audience.
03/10/2022: Evansville, IN
Using data analysis and predictive analytics.
01/20/2022: Chicago, IL
Channel and overbooking management.
01/22/2022: Amarillo, TX
Without understanding that psychology should be at the center of revenue strategy, a revenue manager can be prone to the “spaghetti method” – throw everything at the wall and see what sticks.
03/03/2022: Sioux City, IA
Step 3: View the best colleges and universities for Revenue Manager.
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