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- Tasks: Optimise guest stays to boost 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 and competitive salary of £60k – £65k, depending on experience.
- Why this job: Be part of a dynamic team that values innovation and guest satisfaction in the hospitality sector.
- Qualifications: Proven experience in Revenue Management with strong analytical and communication skills required.
- Other info: Ideal for those passionate about the hospitality industry and looking to make an impact.
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 employer: COREcruitment International
Contact Detail:
COREcruitment International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Revenue Manager
✨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 insights into the specific challenges and opportunities in this niche market.
✨Tip Number 3
Brush up on your analytical skills, particularly in Excel, as data analysis is crucial for this role. Being able to demonstrate your ability to interpret booking patterns and generate actionable insights will be key in interviews.
✨Tip Number 4
Prepare to discuss your previous experiences in revenue management, focusing on how you've successfully influenced pricing strategies and collaborated with teams. Real-life examples will help showcase your consultative style and problem-solving abilities.
We think you need these skills to ace Group Revenue Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Revenue Management, particularly any roles related to hospitality. Emphasise your achievements in optimising revenue and occupancy rates, and include specific metrics where possible.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the hospitality industry and detail how your skills align with the responsibilities of the Group Revenue Manager role. Mention your familiarity with Marriott properties and your problem-solving abilities.
Showcase Relevant Skills: Highlight your strong IT skills, especially in Excel and PowerPoint, as well as your ability to analyse booking patterns. Provide examples of how you've used these skills to drive revenue growth in previous positions.
Prepare for Potential Questions: Think about how you would respond to questions regarding your approach to setting minimum stay requirements and managing room inventory. Be ready to discuss specific strategies you've implemented in the past to maximise hotel revenue.
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 where you successfully optimised revenue or occupancy rates.
✨Demonstrate Analytical Skills
Since the role involves analysing booking patterns and trends, be ready to share examples of how you've used data analysis to inform decision-making. Discuss any tools or software you are familiar with, especially Excel, as it is crucial for this position.
✨Communicate Your Problem-Solving Abilities
Prepare to discuss scenarios where you've faced challenges in revenue management and how you resolved them. This will showcase your strong problem-solving skills and ability to adapt to changing circumstances.
✨Emphasise Collaboration and Communication Skills
The role requires working closely with various teams, so highlight your experience in collaborating with sales, marketing, and reservations teams. Provide examples of how your communication skills have helped influence decisions and drive results.
