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Revenue Manager

NOVOTELMedina, Medina Province, Saudi Arabia

6 days ago

Job description

Job Description

We are seeking a detail-oriented and analytical Revenue Manager to join our team in Madinah, Saudi Arabia. As a key member of our organization, you will be responsible for developing and implementing revenue optimization strategies to maximize profitability and drive business growth.

Develop and execute revenue management strategies to optimize room rates and occupancy levels
Analyze market trends, competitor pricing, and demand patterns to make data-driven decisions
Collaborate with sales, marketing, and operations teams to align revenue strategies across departments
Monitor and forecast revenue performance, identifying opportunities for improvement
Manage inventory distribution across various channels to maximize revenue
Generate and present regular performance reports to senior management
Implement and maintain revenue management systems and tools
Stay up-to-date with industry trends and best practices in revenue management
Train and mentor team members on revenue management principles and techniques
Participate in budget planning and goal-setting processes

Qualifications

Bachelor's degree in Hospitality Management, Business Administration, or related field

Proven experience in hotel Commercial Revenue Management

Strong analytical and numerical reasoning skills with a data-driven approach to decision-making

Proficiency in computer use and MS Office applications, especially Excel

Experience with modern Revenue Management Systems (RMS) and Business Intelligence (BI) platforms

Excellent written and verbal communication skills in English

In-depth knowledge of revenue management principles and practices

Ability to analyze complex data and translate insights into actionable strategies

Strong problem-solving skills and attention to detail

Experience in collaborating with cross-functional teams

Adaptability to changing market conditions and industry trends

Customer-focused mindset with a goal-oriented approach

Ability to work under pressure and meet deadlines in a fast-paced environment

Additional Information

In 1-2 sentences, introduce the team, property or office environment in a way that reflects the culture.

Your team and working environment

Customizations may be included for any specific local or legislative requirements, such as work permits.

Our commitment to Diversity & Inclusion

We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.

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Manager Manager • Medina, Medina Province, Saudi Arabia