Vadodara — Full-time
• Shift: 06:00pm IST to 02:00am IST (Mon-Sat) (Night Shift) • Experience with the US market will be beneficial. Key Responsibilities: 1. Revenue Optimization: o Develop pricing strategies based on market analysis and demand forecasting. o Use dynamic pricing tools and strategies to ensure maximum occupancy and revenue. o Analyse competitor pricing and market trends to adjust strategies accordingly. o Implement and manage rate plans, restrictions, and promotions to optimize revenue. 2. Forecasting and Analytics: o Prepare accurate revenue forecasts and monitor performance against targets. o Utilize data and reporting tools to analyse historical performance, market demand, and customer trends. o Prepare reports to share insights with management on key metrics. 3. Management: o Manage hotel room availability and allocations across various distribution channels. o Monitor booking patterns and adjust availability in real-time to optimize revenue. 4. Collaboration and Strategy Development: o Work closely with the sales, marketing, and operations teams to align revenue strategies with broader business goals. o Participate in strategic meetings to contribute to pricing, promotional, and sales strategies. 5. Technology and Tools: o Utilize revenue management software and other tools to analyse data and adjust pricing and inventory strategies. o Stay updated on the latest industry tools, trends, and best practices for revenue management. 6. Customer Focus: o Understand customer segmentation and tailor pricing strategies to target different customer groups. o Ensure customer satisfaction while optimizing revenue, balancing both operational efficiency and guest experience. Skills and Qualifications: 1. Educational Background: o A bachelor’s degree in Business, Hospitality, Economics, Finance, or a related field. 2. Experience: o Typically, 4-5 years of experience in revenue management, hotel management, or a similar role in the hospitality industry. o Experience with revenue management software is an advantage. 3. Analytical Skills: o Strong analytical skills with the ability to process and interpret large amounts of data. o Ability to forecast demand and optimize revenue strategies based on data insights. 4. Communication Skills: o Excellent communication and interpersonal skills for interacting with cross-functional teams and external partners. o Ability to present data-driven insights to senior management. 5. Adaptability: o Ability to work in a fast-paced and dynamic environment. o Quick decision-making skills in response to changing market conditions.