revenue manager

Gameapp Tech

Pricing Strategy: Develop and implement pricing strategies that optimize revenue and profitability based on market demand, competitor pricing, and internal factors. This involves analyzing historical data, market trends, and customer segments to determine the most effective pricing strategies.

Demand Forecasting: Utilize data analytics and forecasting techniques to predict demand patterns and trends. This helps in optimizing inventory availability and pricing decisions to capitalize on high-demand periods and minimize revenue loss during low-demand periods.

Inventory Management: Manage inventory allocation and availability across various distribution channels to ensure optimal utilization and maximize revenue potential. This involves monitoring inventory levels, adjusting pricing dynamically, and implementing restrictions when necessary to balance supply and demand.

Distribution Channel Management: Optimize distribution channels, including direct bookings, online travel agencies (OTAs), wholesalers, and other third-party channels. Develop strategies to maximize revenue from each channel while minimizing distribution costs and channel conflicts.

Performance Analysis: Track and analyze key performance metrics such as revenue per available room (RevPAR), average daily rate (ADR), occupancy rate, and revenue by market segment. Identify trends, opportunities, and areas for improvement to continuously enhance revenue performance.

Revenue Management Systems (RMS): Utilize revenue management software and systems to automate pricing decisions, manage inventory, and generate forecasts. This involves configuring and optimizing RMS parameters to align with business objectives and market dynamics.

Collaboration: Collaborate with sales, marketing, and operations teams to align revenue management strategies with overall business goals. Provide insights and recommendations to support decision-making across various departments.

Competitor Analysis: Monitor competitor pricing

Experience : 3 - 7 Years

No. of Openings : 4

Education : Diploma, Professional Degree, Any Bachelor Degree, B.A, B.C.A, B.B.A, B.Com, B.Sc, Any Master Degree, M.C.A

Role : revenue manager

Industry Type : Hotel / Restaurant / Hospitality

Gender : [ Male / Female ]

Job Country : India