Revenue Manager
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Key details
- Location
- Kuala Lumpur, Malaysia
- Work style
- Onsite
- Level
- Senior
- Experience
- 2–5 yrs
- Function
- Sales & Solutions
- Focus area
- other
- Posted
- 2w ago
Skills
About the role
We are currently looking for individual with excellent customer service, able to multitask and grab the opportunity to turn enquiry into business! We want someone who is able to ensure fast and efficient response to all reservation channels, while ensuring the accuracy of room availability and reservation records!
What we offer:
- Fun and exciting work environment
- Intensive training in area of specialization with customized personal learning plan
- Coaching and mentoring
- Exposure to various multitasking tasks
- Opportunity to participate in various leadership programs
- Participation in Hyatt’s programs and initiatives
This position reports directly to the Director of Sales
We are currently looking for individual with excellent customer service, able to multitask and grab the opportunity to turn enquiry into business! We want someone who is able to ensure fast and efficient response to all reservation channels, while ensuring the accuracy of room availability and reservation records!
What we offer:
- Fun and exciting work environment
- Intensive training in area of specialization with customized personal learning plan
- Coaching and mentoring
- Exposure to various multitasking tasks
- Opportunity to participate in various leadership programs
- Participation in Hyatt’s programs and initiatives
This position reports directly to the Director of Sales
Key Qualifications:
Education: Certificate or Higher Education Levels in Hospitality and Tourism Management or any major related field, Minimum 2 years work experience in revenue and reservation.
Language Skills: A good working knowledge of English Language/ Proficiency in local language may be required
Experience: Relevant work experience in hotel operations is an advantage
Strong interpersonal communication skills
Ability to do multi-tasking
Desire to drive revenue and committed to the growth of the hotel
Pleasant personality
Working closely with Corporate Revenue Team
Review reservations booked daily, arrival report and other relevant reports
Responsible for preparation of occupancy forecast, training of Reservations Team, and implementation of policies and procedures
Liaise with Sales Department in regards to occupancy, rates’ analysis, etc.
Follows up tentative bookings and update reservations’ status
Review no-shows and cancelled reservations and processes charges according to Hotel’s policies
Review rooms’ blocking, groups, special requests, etc.
Bring to the attention of the Front Office Team when the Hotel’s availability status is changed, and to prepare for necessary actions
Implement revenue management operations, procedures and best practices, that include competitors’ analysis, environmental scanning, market modelling, distribution yield management, business mix yield management, length of stay yield management, inventory availability by channel, pricing control, new pricing concepts
Evaluate performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc.)
Prepare outline for and support the annual revenue budget process
Identify new revenue opportunities
Liaise with clients and customers to coordinate corporate events whilst building rapport and creating professional relationships.
Optimize and expand distribution partnerships
Challenge and influence the Hotel to improve service level and operational standards
Creation of rate codes, rate plans, market segmentations, mapping of rates from Brand.com to OTAs via Channel Manager, working closely with Corporate Revenue Team in developing pricing strategies, including building rates for rooms and packages, and determining discounts and specialty rates, forecasting pricing and revenue based on demand and market trends (at least 3-months out), evaluating trends in the economy and hospitality industry, creating promotional plans to increase revenue and average room rate (ARR), understanding the inventory management process, generating revenue reports with the assistance of the available tools and rate management system
Requirements:
· Analytical
· Understanding the business
· Attention to details
· Influencing outcomes
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