United States
Marriott International, Inc. is a global leading travel company based in Bethesda, Md., USA, with more than 6,000 properties in over 122 countries.
Industry : Hotels & Resorts
Department : Finance and Accounts
Location : Hong Kong, China
Level : Staff Line level
Posted : 18 Dec 2024
Job Role : Revenue Management
Recruiter : Marriott International
Job Ref : HOZ79288
Employment Type: Permanent
Job Type : Full Time
Validate Through : 2025-01-15
Salary Description: Competetive Salary Offered
JOB SUMMARY
• Responsible for the analysis of revenue, profit, and demand associated with the participating hotels' rooms, F&B venues and function space inventory
• Responsible for F&B industry research and trend analysis include pricing, promotional strategies, new product conceptualization and competitive analysis
• Assist for preparation of forecasts (budgets and projections) and critiques of sales strategy effectiveness
• Develops/utilizes analytical tools and systems toward the goal of maximizing total hotel revenue and profit.
• Responsible for managing rooms and function space 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.
CANDIDATE PROFILE
Education and Experience
• 4-year degree from an accredited university in Business Administration, Hotel and Restaurant Management, or related major; 8 years' experience in the business, management operations, or related professional area.
OR
• 2-year graduate degree from an accredited university in Business Administration, Hotel and Restaurant Management, or related major; years' experience in the business, sales and marketing, management operations, or related professional area required.
CORE WORK ACTIVITIES
• Generate and deliver reports from data analysis, provide data visualization to inform business decisions
• Prepares forecasts of revenue, profit, demand and occupancy for rooms and function space
• Prepares and is accountable for sales strategy critiques
• Manages all revenue, profit, and demand data associated with rooms and function space
• Prepares revenue and profit opportunity analysis
• Manage room authorizations, rates and restrictions (e.g., group ceiling maintenance, forecast book maintenance, etc.)
• Manage function space authorizations, restrictions, and rental
• Utilize Marriott's Revenue Mgt. systems and tools to ensure that revenue and profit are maximized
• Serve as an inventory and restriction expert to person performing the business evaluation and revenue analysis functions.
• Ensure that the hotel's sales strategies are effectively implemented in the inventory systems
• Accountable for weekly rooms and function space forecasts.
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.
Muzammel Huque Chy
Makkah, Saudi Arabia