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For Companies At a Glance
- Tasks: Lead revenue strategies for multiple hotels and optimise profitability.
- Company: Join Criterion Hospitality, a dynamic group with seven hotels and two new openings.
- Benefits: Enjoy a collaborative work environment and opportunities for professional growth.
- Why this job: Make a real impact in the hospitality industry while working with passionate teams.
- Qualifications: Experience in revenue management, strong analytical skills, and excellent communication abilities required.
- Other info: Ideal for those eager to drive commercial success in a thriving hotel portfolio.
The predicted salary is between 36000 - 60000 £ per year.
Criterion Hospitality is seeking an experienced Revenue Manager to oversee revenue strategy across our growing hotel portfolio. With seven operating hotels and two exciting new openings this year, this is an excellent opportunity for a talented revenue professional to make a significant impact within a dynamic hospitality group.
Key Responsibilities:
- Develop and execute revenue management strategies to maximise revenue and profitability across multiple hotels.
- Monitor and optimise distribution channels, OTA relationships, and direct booking strategies.
- Analyse market trends, competitor activity, and performance data to identify opportunities and inform pricing decisions.
- Collaborate closely with Sales, Marketing, and Operations teams to ensure alignment of commercial strategies.
- Lead revenue management practices across the cluster, ensuring effective use of systems and tools.
- Oversee forecasting, reporting, and analysis to support data-driven decision-making and achievement of revenue targets.
What We’re Looking For:
- Proven experience in revenue management within the hospitality industry, preferably managing multiple properties or a cluster portfolio.
- Strong expertise in pricing strategies, forecasting, and distribution management.
- Analytical skills with the ability to translate data into actionable insights.
- Excellent communication and collaboration skills, with the ability to work across different departments.
- Proficiency in revenue management systems and online distribution platforms.
If you’re passionate about optimising hotel revenue and driving commercial success, we’d love to hear from you.
Revenue Manager employer: Criterion Hospitality
Contact Detail:
Criterion Hospitality Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Manager
✨Tip Number 1
Familiarise yourself with the latest revenue management systems and tools used in the hospitality industry. Being well-versed in these technologies will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Stay updated on market trends and competitor activities in the hospitality sector. This knowledge will help you engage in informed discussions during interviews and showcase your analytical skills.
✨Tip Number 3
Network with professionals in the hospitality industry, especially those who have experience in revenue management. Building connections can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully implemented revenue strategies in previous roles. Highlighting your past achievements will help you stand out as a strong candidate for the Revenue Manager position.
We think you need these skills to ace Revenue Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in revenue management, especially within the hospitality industry. Emphasise any roles where you managed multiple properties or implemented successful pricing strategies.
Craft a Compelling Cover Letter: In your cover letter, express your passion for optimising hotel revenue and driving commercial success. Mention specific examples of how you've used data to inform pricing decisions and collaborate with other departments.
Showcase Analytical Skills: Include examples in your application that demonstrate your analytical skills. Discuss how you've translated market trends and performance data into actionable insights that benefited previous employers.
Highlight Relevant Tools and Systems: Mention your proficiency in revenue management systems and online distribution platforms. If you've used specific tools that are relevant to the role, be sure to include them to show your technical expertise.
How to prepare for a job interview at Criterion Hospitality
✨Showcase Your Analytical Skills
As a Revenue Manager, you'll need to demonstrate your ability to analyse market trends and performance data. Be prepared to discuss specific examples of how you've used data to inform pricing decisions and optimise revenue in previous roles.
✨Understand the Hospitality Landscape
Familiarise yourself with the current trends in the hospitality industry, especially regarding revenue management. Being able to discuss recent developments or challenges in the sector will show your passion and knowledge about the field.
✨Highlight Collaboration Experience
Since the role involves working closely with Sales, Marketing, and Operations teams, be ready to share examples of how you've successfully collaborated across departments in the past. This will demonstrate your teamwork skills and ability to align commercial strategies.
✨Prepare for Technical Questions
Proficiency in revenue management systems is crucial. Brush up on the tools and platforms you’ve used before, and be ready to discuss how you’ve leveraged technology to enhance revenue management practices in your previous positions.
