Assistant Revenue Manager
Company Description
"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS"
Job Description
Key Responsibilities:
- Assist in developing and implementing revenue management strategies and pricing decisions.
- Analyze booking patterns, market trends, and competitive data to forecast demand and adjust pricing accordingly.
- Monitor and adjust room rates, availability, and inventory to maximize revenue.
- Generate and analyze daily, weekly, and monthly revenue reports.
- Track and report on key performance indicators (KPIs), including occupancy, average daily rate (ADR), and revenue per available room (RevPAR).
- Prepare and present reports and recommendations to the Revenue Manager and other stakeholders.
- Conduct market research to identify trends, opportunities, and threats.
- Monitor competitor pricing, promotions, and market positioning.
- Provide insights and recommendations based on competitive analysis.
- Work closely with the sales team to understand group bookings and special events, ensuring optimal pricing and inventory management.
- Coordinate with the front office to ensure seamless implementation of pricing strategies and promotions.
- Communicate effectively with other departments to align strategies and address revenue-related issues.
- Utilize revenue management systems (RMS) and property management systems (PMS) to track and manage inventory and pricing.
- Ensure data accuracy and system integrity for effective decision-making.
- Assist in training and mentoring junior staff or new team members in revenue management practices and tools.
- Stay updated with industry trends and best practices through continuous learning and professional development.
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