Assistant Revenue Manager

Salary Details

Salary Description: Competetive Salary Offered

Job Description For Assistant Revenue Manager

JOB SUMMARY
• Responsible for the analysis of demand, rate and revenue associated with the participating hotels' rooms and function space inventory
• Assist for preparation of forecasts (budgets and projections) and critiques of sales strategy effectiveness
• Utilizes analytical tools and systems toward the goal of maximizing total hotel revenue and profit.
• Responsible for managing rooms inventory; ensuring that the inventory is allocated and restricted properly in order to maximize total hotel revenues and profits.
• Ensures that all rates, packages, eChannels and hotel sales strategy information is built in the hotel's inventory systems.
• Making Decisions and Solving Problems by analyzing information and evaluating results to choose the best solution and solve problem.
• Prepare and lead the weekly Sales Strategy Meeting for 1 hotel.
CANDIDATE PROFILE

Education and Experience
• Graduate degree from an accredited university in Business Administration, Hotel and Restaurant Management, And
• 2-year related experience in Hotel or any Revenue Management is preferred.

CORE WORK ACTIVITIES
• Assist in the management of rooms inventory to maximize cluster rooms revenue, as well as maintain accuracy of information and enhance automation efforts in reservation system.
• Prepares the sales strategy meetings with critiques, findings and recommendations and ensure discussed strategies and action plan are effectively implemented
• Exploring Business Opportunities - Exploring opportunities that drive profit, create value for clients, and encourage innovation; challenging existing processes/systems/products to make improvements.
• Prepare monthly forecast and support preparation of budget for room and catering.
• Perform rate loading tasks in a timely manner to ensure offers are available for customers to book via hotel's website or third-party channels, and ensure rate parity across all distribution channels.
• Assist in managing room authorizations, rates, and restrictions, including communicating rate restrictions and strategies.
• Perform all Revenue Management month end reporting and critique and provide forward looking information for the purposes of forecasting, targeting need areas and balancing financial expectations.
• Accurately generate, process and update Revenue Management reports and serve as primary source for majority of reporting and analytical needs of the Management team.
• Assist with system maintenance including but not limited to, inputting rate hurdles, monitoring forecasted demand, updating group forecasting and running daily system checks.
• Assist with training of new associates as necessary on revenue management tools.
• Perform other reasonable job duties as requested.
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MANAGEMENT COMPETENCIES
• Adaptability - Maintains performance level under pressure or when experiencing changes or challenges in the workplace.
• Communication - Conveys information and ideas to others in a convincing and engaging manner through a variety of methods.
• Problem Solving and Decision Making - Identifies and understands issues, problems, and opportunities; obtains and compares information from different sources to draw conclusions, develops and evaluates alternatives and solutions, solves problems, and chooses a course of action.
• Driving for Results - Sets high standards of performance for self and/or others; assumes responsibility for work objectives; initiates, focuses, and monitors the efforts of self and/or others toward the accomplishment goals; proactively takes action and goes beyond what is required.
• Planning and Organizing - Gathers information and resources required to set a plan of action for self and/or others; prioritizes and arranges work requirements to accomplish goals and ensure work is completed.
• Coworker Relationships - Interacts with others in a way that builds openness, trust, and confidence in the pursuit of organizational goals and lasting relationships.
• Customer Relationships - Develops and sustains relationships based on an understanding of customer/stakeholder needs and actions consistent with the company's service standards.
• Applied Learning - Seeks and makes the most of learning opportunities to improve performance of self and/or others.
• Technical Acumen - Understands and utilizes professional skills and knowledge in a specific functional area to conduct and manage everyday business operations and generate innovative solutions to approach function-specific work challenges.
• Basic Competencies - Fundamental competencies required for accomplishing basic work activities.
o Basic Computer Skills - Uses basic computer hardware and software (e.g., personal computers, word processing software, Internet browsers, etc.).
o Mathematical Reasoning - Adds, subtracts, multiplies, or divides quickly, correctly, and in a way that allows one to solve work-related issues.
o Oral Comprehension - Listens to and understands information and ideas presented through spoken words and sentences.
o Reading Comprehension - Understands written sentences and paragraphs in work related documents.
o Writing - Communicates effectively in writing as appropriate for the needs of the audience.

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

Marriott International is the world's largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.