At a Glance
- Tasks: Analyze data trends and develop revenue strategies to maximize property revenue.
- Company: Join a leading global lifestyle accommodation brand expanding into major U.S. cities.
- Benefits: Enjoy career development opportunities in a fast-growing business with a supportive culture.
- Why this job: Be part of a dynamic team that values innovation and proactive strategy adaptation.
- Qualifications: 1-2 years of experience in hospitality revenue management and proficiency in relevant systems required.
- Other info: Every application receives a response, ensuring a respectful hiring process.
The predicted salary is between 36000 - 60000 £ per year.
Based in London, our global client is looking for a Cluster Revenue Manager to join their team on a permanent basis, working full-time 5 days per week in the office.
This job would suit someone with at least 1-2 years’ experience in hospitality revenue management to be responsible for reporting to the Director of Global Revenue Strategy and working closely with the General Manager, Sales and Reservation teams of the cluster you are looking after.
This dynamic and leading global lifestyle accommodation brand across European capitals and is now making its way across the pond in the biggest American cities including New York and Miami.
The successful individual will have at least 1-2 years’ experience within a revenue management team with good knowledge of the hospitality industry. They will be technically proficient with the full range of hospitality systems; e.g. Property Management Systems, Revenue Management Systems, Channel Managers and Microsoft Office product. Excellent written and verbal communication skills are essential for this role.
Job responsibilities:
- Analyse trends in data to develop winning revenue management strategies and outperform your competitive set
- Maximise total revenue of the property through business mix optimisation and rate manipulation
- Provide ongoing insight about revenue performance of your cluster to all stakeholders
- Forecast demand per market segment for your cluster and provide supporting commentary to the management
- Produce annual budgets per segment; participate in the process of delivering the annual sales & marketing plan
- Manage the overbooking strategies for your cluster to maximise occupancy levels
- Monitor and control all functions of the revenue management system and the accuracy of the reporting solution
- Liaise with your colleagues from e-commerce, distribution and marketing to drive additional business
- Be commercially savvy in exploring new distribution channels and technology partners
- Take the initiative to proactively adapt strategy and tactics in changing market conditions
This is a fantastic opportunity for revenue manager that would like to join a complex, fast-growing business who will invest in your development and career progression.
For more information about this role or any other Cluster Revenue Manager jobs in London, please don’t hesitate to contact us in confidence or visit our website.
Every application will receive a response as this is the recognised working practice at MRK Associates.
MRK Associates – AGY.
Helping you build the career you deserve.
Cluster Revenue Manager employer: MRK Associates
Contact Detail:
MRK Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cluster Revenue Manager
✨Tip Number 1
Familiarize yourself with the latest trends in hospitality revenue management. Understanding current market dynamics and how they affect pricing strategies will give you an edge during interviews.
✨Tip Number 2
Network with professionals in the hospitality industry, especially those in revenue management roles. Engaging with others can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your technical skills related to Property Management Systems and Revenue Management Systems. Being able to discuss your proficiency with these tools will demonstrate your readiness for the position.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully analyzed data to drive revenue strategies in past roles. Concrete examples will showcase your experience and problem-solving abilities.
We think you need these skills to ace Cluster Revenue Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 1-2 years of experience in hospitality revenue management. Emphasize your technical proficiency with relevant systems and your ability to analyze data trends.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that demonstrate your skills in revenue management and your understanding of the hospitality industry.
Showcase Communication Skills: Since excellent written and verbal communication skills are essential, ensure your application is clear, concise, and free of errors. Use professional language and structure your documents well.
Highlight Relevant Achievements: Include specific examples of how you've maximized revenue or improved performance in previous roles. Quantify your achievements where possible to demonstrate your impact.
How to prepare for a job interview at MRK Associates
✨Showcase Your Experience
Make sure to highlight your 1-2 years of experience in hospitality revenue management. Be prepared to discuss specific examples of how you've successfully analyzed data and developed revenue strategies in previous roles.
✨Demonstrate Technical Proficiency
Familiarize yourself with the hospitality systems mentioned in the job description, such as Property Management Systems and Revenue Management Systems. Be ready to discuss your experience with these tools and how they have helped you optimize revenue.
✨Communicate Effectively
Since excellent written and verbal communication skills are essential for this role, practice articulating your thoughts clearly. Prepare to explain complex revenue strategies in a way that is easy for stakeholders to understand.
✨Be Commercially Savvy
Research current trends in the hospitality industry and be prepared to discuss how you would explore new distribution channels and technology partners. Show that you can adapt strategies based on changing market conditions.