United States
Our foundation in family goes back to 1957, when entrepreneur Jay Pritzker purchased the original Hyatt House motel. Pritzker and his brother, Donald, worked to grow the Hyatt brand, powered by their belief in the importance of family and care. As of March 31, 2020, Hyatt is a global hospitality company with 20 premier brands and more than 900 hotel, all-inclusive, and wellness resort properties in over 65 countries across six continents.With more than 127,000 colleagues across 65 countries, we embrace all cultures, races, ethnicities, genders, sexual orientations, ages, abilities, perspectives, and ways of thinking. Our culture is one that empowers every individual to be his or her best, and such authentic connection inspires the way we care for each other and for our guests.Be a part of something bigger. Enjoy life every day. Make a difference in the lives of those around you. Love where you work. Join a company that values respect, integrity, humility, empathy, creativity, and fun. With careers spanning the globe, your perfect opportunity awaits. Discover why Hyatt is consistently ranked one of the world’s best places to work.
Industry : Hotels & Resorts
Department : Finance and Accounts
Location : Dubai, United Arab Emirates UAE
Level : Management
Posted : 17 Nov 2024
Job Role : Revenue Manager
Recruiter : Hyatt Hotels
Job Ref : HOZ26167
Employment Type: Permanent
Job Type :
Validate Through : 2024-12-16
Salary Description: Competetive Salary Offered
Description
Oversee and guide the hotel revenue management team to formulate transient andgroup inventory restrictions and pricing strategies towards the goal of increasing marketshare and maximizing revenues for the hotel.
Implement hotel sales strategy and pricing recommendations across all channels, Hyattrevenue systems and market segments.
Analyze results of strategies and tactics deployed on a monthly basis. Provide allcommunication necessary to hotels teams, regional teams and ownership groups.
Responsible for executing Hyatt corporate revenue management initiatives, andmaintaining the standards outlined in the Americas Revenue Management Standardsand Procedures manual Revenue Management.
Manage the relationship with each of the four major OTA market managers to ensurethat the hotel is maximizing revenue and marketing exposure from each of our toppartners.
Create the revenue forecasting process for the hotel to ensure that the accuracy of eachforecast falls within Hyatt standards. This includes the 11 day, Monthly and Annualforecast as needed. Prepare the Annual Budget for the hotel.
Collaborate with the hotel Director of Sales to develop and implement group pricing andinventory strategies for the entire group-booking cycle.
Develop pricing strategy for the business/leisure travel sales team based on demandprojections and competitive shops. Partner with the Director of Sales to ensure thathotel strategy is implemented on an account-by-account basis.
Partner with the hotels Director's of Sales/Marketing to develop and implement thehotel SEO/SEM goals in conjunction with TIG/Milestone. Focus the teams on tactics thatproduce the highest revenue and return on investment.
Facilitate and lead weekly hotel Sales Strategy meetings in accordance with HyattRevenue Management standards.
Facilitate Daily Business Review meetings in accordance with Hyatt RevenueManagement standards. Review all booking that fall out of established bookingguidelines and provide feedback and recommendations.
Knowledge about ISO 14001 is an added advantage.
Qualifications
Ideally with a certificate or diploma in Revenue management or Hospitality/Tourism management. Minimum 2 years work experience in the similiar position. Good problem solving, administrative and interpersonal skills are a must.
Rishi star
Mumbai, India
Awesome hotel !!