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Revenue Manager Required in London

Posted: Today
Place: NW6 1LJ, Greater London



Revenue Manager needed at Mstay London Hotel Group, a young group of hotels and serviced apartments located in London, who will perform analysis and develop hotel strategies and tactics to optimize revenues. He/she will be responsible for optimising rooms’ revenue for an assigned portfolio of hotels by strategically managing pricing, inventory, and channel distribution. The ideal candidate will have experience in revenue management and must have proven ability to position properties successfully in markets through pricing and yield management. They will perform analysis on price positioning, competitive set performance, and strategic planning of rate products.
Revenue Manager Skills should be - excellent analytical communication, organizational skills in order to be effective in this position. Both written and verbal communication skills are a must, computer literacy, sales awareness, and understanding of yield management.
Revenue Manager Duties and Responsibilities  Forecasting pricing and revenue based on demand and market trends, Evaluating trends in the economy and hospitality industry, periodically evaluate the prices of the competition, Creating promotional campaigns to increase revenue, Understanding inventory management processes, Generating revenue reports, work with front desk personnel to track customer trends and reservations, forecast future demand and pricing trends to determine the demand for hotel reservations based on tourism and business travel.

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