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- Tasks: Optimise guest stays to maximise hotel revenue and occupancy through data analysis.
- Company: Join a leading company in hospitality investment and management, focusing on hotels and resorts.
- Benefits: Enjoy a hybrid work model with competitive salary and opportunities for growth.
- Why this job: Be part of a dynamic team that values innovation and guest satisfaction in the hospitality industry.
- Qualifications: Proven experience in Revenue Management, strong IT skills, and excellent communication abilities required.
- Other info: Flexible working environment with a focus on personal initiative and problem-solving.
The predicted salary is between 48000 - 52000 £ per year.
I'm proud to be representing a company that specialises in the investment, development, and management of hospitality properties. It focuses on acquiring and operating hotels, resorts, and other hospitality-related real estate. They are looking for a strong Revenue professional to join their team and focus on their aparthotel properties.
About the role:
- Responsible for optimising guest stay durations to maximise hotel revenue and occupancy.
- This role analyses booking trends, sets minimum stay requirements, and collaborates with the revenue and reservations teams to ensure the most profitable use of room inventory.
Key Responsibilities:
- Analyse booking patterns and guest stay data to identify trends and opportunities.
- Set and adjust minimum and maximum length of stay requirements based on demand forecasts.
- Work closely with the revenue management team to implement pricing and inventory strategies.
- Coordinate with the reservations and front office teams to manage guest extensions and modifications.
- Monitor and control room inventory to prevent short stays from displacing more profitable bookings.
- Generate reports on length of stay trends and provide actionable insights.
- Collaborate with sales and marketing to promote longer stays during targeted periods.
- Ensure guest satisfaction by managing special stay requests and modifications.
What we're looking for:
- Demonstrable track record in Revenue Management with ability to grow market share and budget delivery.
- Strong problem-solving skills, strong IT skills, including Excel and PowerPoint.
- Strong background or knowledge of Marriott properties.
- Flexible to change and able to react very quickly to that change.
- Financially and commercially astute.
- A very consultative personal style in all aspects of the role.
- Excellent communicator with the ability to influence up and down the chain.
- Ability to work with minimum supervision, working to own initiative.
- Excellent verbal and written communication skills with a strong command of spoken and written English.
- Strong organisational skills developed in a fast-paced environment.
Group Revenue Manager in West London employer: COREcruitment International
Contact Detail:
COREcruitment International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Revenue Manager in West London
✨Tip Number 1
Familiarise yourself with the latest trends in revenue management, especially within the hospitality sector. Understanding how to optimise guest stay durations and pricing strategies will give you a competitive edge during discussions.
✨Tip Number 2
Network with professionals in the hospitality industry, particularly those who have experience with aparthotel properties. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your analytical skills, especially in Excel. Being able to demonstrate your ability to analyse booking patterns and generate actionable insights will be crucial in interviews.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully influenced revenue strategies in previous roles. Highlighting your consultative style and problem-solving abilities will resonate well with the hiring team.
We think you need these skills to ace Group Revenue Manager in West London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Revenue Management, particularly in the hospitality sector. Emphasise any achievements related to optimising guest stay durations and maximising revenue.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences where you've successfully analysed booking patterns or implemented pricing strategies.
Highlight Relevant Skills: In your application, clearly outline your problem-solving skills and proficiency with tools like Excel and PowerPoint. Provide examples of how you've used these skills in previous roles.
Showcase Communication Abilities: Since excellent communication is key for this role, include examples of how you've effectively collaborated with teams or influenced decisions in past positions. This will demonstrate your consultative style.
How to prepare for a job interview at COREcruitment International
✨Showcase Your Revenue Management Experience
Be prepared to discuss your previous roles in revenue management, particularly any experience you have with hotels or hospitality properties. Highlight specific achievements, such as how you optimised occupancy rates or increased revenue through strategic pricing.
✨Demonstrate Analytical Skills
Since the role involves analysing booking patterns and trends, be ready to share examples of how you've used data to make informed decisions. Discuss any tools or software you are familiar with, especially Excel, and how you've applied them in past roles.
✨Communicate Effectively
As an excellent communicator, you should be able to articulate your thoughts clearly. Practice explaining complex concepts simply, as you'll need to collaborate with various teams. Prepare to discuss how you've influenced decisions in previous positions.
✨Understand the Company and Its Market
Research the company and its portfolio of properties, especially their aparthotels. Understand their market position and be ready to discuss how you can contribute to their goals. This shows your genuine interest and helps you tailor your responses during the interview.
