At a Glance
- Tasks: Lead revenue strategy across E-Commerce, Rooms, Groups & Events, and F&B.
- Company: Join the prestigious Sofitel London St James, a leader in luxury hospitality.
- Benefits: Enjoy competitive pay, career development, and a vibrant work culture.
- Why this job: Make a real impact in a dynamic environment while driving profitability and innovation.
- Qualifications: Minimum 2 years in Revenue Management; experience in dynamic city markets preferred.
- Other info: Passion for Total Revenue Management is essential; must be eligible to work in the UK.
The predicted salary is between 48000 - 72000 ÂŁ per year.
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As Head of Revenue at Sofitel London St James, you will report to the Commercial Director and lead total revenue strategy across E-Commerce, Rooms, Groups & Events, and F&B. This includes pricing, forecasting, distribution, and optimisation of F&B reservations and channels. You will drive cross-functional collaboration to maximise profitability, leveraging data-driven insights to ensure commercial performance aligns with the hotel’s strategic objectives in the competitive London luxury market.
RESPONSIBILITIES
TRevPAR
- To drive revenue performance in all revenue streams: rooms, food & beverage and other revenues as appropriate. Focus on total hotel and profitable revenue. Drive the TRevPAR strategy and approach focusing on total hotel and profitable revenue.
- To guide and direct all revenue generating departments and their heads/leaders in selecting the optimum revenue opportunities for the hotel.
- To support the achievement of Loyalty program targets through the analysis of the program, penetration by segment and account, and to recommend actions to drive activity.
- To constantly measure hotel revenue performance against strategy and target: re-align strategy as needed. To communicate sell strategy to respective departments and ensure implementation.
Yield & Revenue
- Chairs the commercial strategy meetings, recommends revenue generating options, agrees targets and ensures communication and action of the outputs.
- Develops the hotels’ pricing and market mix strategy for all revenue streams.
- Conduct ongoing analysis of product, price, occupancy, Net RevPAR, and RGI within the competitive set, and analyse spend and profitability by segment to support rate setting and negotiations
- Analysis of spend (room and non-room) and profitability by segment and account to support rate setting and account negotiation.
- Drive implementation and effective adoption of ACCOR preferred systems and channels.
- Evaluate the business mix and to make recommendations for future rate setting and negotiation.
- Key leader in writing and articulating the hotels’ budget process and strategies.
- Responsible for the optimal representation of the hotel’s products in all distribution channels
- Produces weekly and monthly rate and occupancy forecasts for bedrooms and meetings.
- Re-design and implements new processes or systems when required
E-Commerce
- Oversees the hotel’s e-commerce performance with a focus on driving direct revenue through Accor\’s digital platforms and brand.com.
- Works closely with the Senior Digital Executive to align pricing, offers, and content strategies that enhance visibility and conversion.
- Ensures rate integrity, channel parity, and optimal visibility across all digital touchpoints, including OTA and metasearch platforms.
- Monitors website performance, booking engine metrics, and user journey insights to identify conversion opportunities.
- Works with Marketing to align digital campaigns and promotions with business goals, market conditions, and Accor’s e-commerce initiatives.
Groups & Events and F&B
- Sets group pricing and acceptance parameters using analysis of pick-up trends and market conditions to maximise confirmed group business at enquiry stage.
- Ensures tools for accurate group and event quoting are current and effectively used.
- Partners with the Groups & Events Manager on annual strategy, forecasting, and performance analysis.
- Leads the commercial strategy for F&B channels while collaborating with the reservations team, who manage F&B booking enquiries via email and phone to maximise outlet revenue
Leadership
- Responsible for the development and performance management of the hotel’s commercial teams (reservations and F&B Reservations)
- Solves complex problems impacting multiple departments or sub-functions
- Support others in developing their careers
- Mentors and coaches’ others
- Identify a range of opportunities and take specific action to improve performance results
- Responsible for overall team engagement
Talent & Culture Management
- Embody and promote Sofitel London St James and La Maison values within the team.
- Promote and support a diverse and inclusive working environment.
- Adopt a sustainable approach towards work ensuring a conscious use of hotels resources.
- Familiarise yourself on all processes and procedures outlined in the Employee Handbook.
- Be aware of Company benefits, and assist the team with any enquiries.
- Ensure rotas are correctly imputed on Fourth and closure of days are done on time.
- Assist the Recruitment team and conduct interviews when necessary, providing accurate feedback.
- Create an induction plan for all new starters and train them accordingly.
- Make sure the probationary and annual reviews are completed according to the specified deadlines; managed by establishing clear expectations, and delivering constructive feedback.
- Ensure all team members are compliant and have completed all their mandatory trainings.
Job Description
As Head of Revenue at Sofitel London St James, you will report to the Commercial Director and lead total revenue strategy across E-Commerce, Rooms, Groups & Events, and F&B. This includes pricing, forecasting, distribution, and optimisation of F&B reservations and channels. You will drive cross-functional collaboration to maximise profitability, leveraging data-driven insights to ensure commercial performance aligns with the hotel’s strategic objectives in the competitive London luxury market.
RESPONSIBILITIES
TRevPAR
- To drive revenue performance in all revenue streams: rooms, food & beverage and other revenues as appropriate. Focus on total hotel and profitable revenue. Drive the TRevPAR strategy and approach focusing on total hotel and profitable revenue.
- To guide and direct all revenue generating departments and their heads/leaders in selecting the optimum revenue opportunities for the hotel.
- To support the achievement of Loyalty program targets through the analysis of the program, penetration by segment and account, and to recommend actions to drive activity.
- To constantly measure hotel revenue performance against strategy and target: re-align strategy as needed. To communicate sell strategy to respective departments and ensure implementation.
Yield & Revenue
- Chairs the commercial strategy meetings, recommends revenue generating options, agrees targets and ensures communication and action of the outputs.
- Develops the hotels’ pricing and market mix strategy for all revenue streams.
- Conduct ongoing analysis of product, price, occupancy, Net RevPAR, and RGI within the competitive set, and analyse spend and profitability by segment to support rate setting and negotiations
- Analysis of spend (room and non-room) and profitability by segment and account to support rate setting and account negotiation.
- Drive implementation and effective adoption of ACCOR preferred systems and channels.
- Evaluate the business mix and to make recommendations for future rate setting and negotiation.
- Key leader in writing and articulating the hotels’ budget process and strategies.
- Responsible for the optimal representation of the hotel’s products in all distribution channels
- Produces weekly and monthly rate and occupancy forecasts for bedrooms and meetings.
- Re-design and implements new processes or systems when required
E-Commerce
- Oversees the hotel’s e-commerce performance with a focus on driving direct revenue through Accor\’s digital platforms and brand.com.
- Works closely with the Senior Digital Executive to align pricing, offers, and content strategies that enhance visibility and conversion.
- Ensures rate integrity, channel parity, and optimal visibility across all digital touchpoints, including OTA and metasearch platforms.
- Monitors website performance, booking engine metrics, and user journey insights to identify conversion opportunities.
- Works with Marketing to align digital campaigns and promotions with business goals, market conditions, and Accor’s e-commerce initiatives.
Groups & Events and F&B
- Sets group pricing and acceptance parameters using analysis of pick-up trends and market conditions to maximise confirmed group business at enquiry stage.
- Ensures tools for accurate group and event quoting are current and effectively used.
- Partners with the Groups & Events Manager on annual strategy, forecasting, and performance analysis.
- Leads the commercial strategy for F&B channels while collaborating with the reservations team, who manage F&B booking enquiries via email and phone to maximise outlet revenue
Leadership
- Responsible for the development and performance management of the hotel’s commercial teams (reservations and F&B Reservations)
- Solves complex problems impacting multiple departments or sub-functions
- Support others in developing their careers
- Mentors and coaches’ others
- Identify a range of opportunities and take specific action to improve performance results
- Responsible for overall team engagement
Talent & Culture Management
- Embody and promote Sofitel London St James and La Maison values within the team.
- Promote and support a diverse and inclusive working environment.
- Adopt a sustainable approach towards work ensuring a conscious use of hotels resources.
- Familiarise yourself on all processes and procedures outlined in the Employee Handbook.
- Be aware of Company benefits, and assist the team with any enquiries.
- Ensure rotas are correctly imputed on Fourth and closure of days are done on time.
- Assist the Recruitment team and conduct interviews when necessary, providing accurate feedback.
- Create an induction plan for all new starters and train them accordingly.
- Make sure the probationary and annual reviews are completed according to the specified deadlines; managed by establishing clear expectations, and delivering constructive feedback.
- Ensure all team members are compliant and have completed all their mandatory trainings.
Qualifications
- Minimum 2 years in Revenue Managementposition or covering Revenue Managementtopics
- Experience with IDeaS G3 (or similar RMS)
- Experience is dynamic city markets (ideally London)
- Results oriented with strong commercial drive
- Passion for Total Revenue Management and optimizing all areas of the hotel
- Eligible to work in the UK
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Head of Revenue Management employer: Sofitel
Contact Detail:
Sofitel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Revenue Management
✨Tip Number 1
Familiarise yourself with the latest trends in revenue management, especially in the luxury hotel sector. Understanding the competitive landscape in London will help you articulate your insights during interviews.
✨Tip Number 2
Network with professionals in the hospitality industry, particularly those involved in revenue management. Attend relevant events or join online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific strategies you've implemented in previous roles that have successfully driven revenue growth. Be ready to share data-driven results that demonstrate your impact on profitability.
✨Tip Number 4
Showcase your familiarity with e-commerce platforms and digital marketing strategies. Highlight any experience you have with driving direct revenue through online channels, as this is crucial for the Head of Revenue position.
We think you need these skills to ace Head of Revenue Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue management, particularly in E-Commerce, Rooms, Groups & Events, and F&B. Use specific metrics to demonstrate your success in driving revenue performance.
Craft a Compelling Cover Letter: In your cover letter, express your passion for total revenue management and how your skills align with the responsibilities outlined in the job description. Mention your familiarity with tools like IDeaS G3 and your experience in dynamic city markets.
Showcase Leadership Skills: Emphasise your leadership experience in managing commercial teams. Provide examples of how you've mentored others and solved complex problems that impacted multiple departments.
Highlight Data-Driven Insights: Discuss your ability to leverage data-driven insights to inform pricing strategies and optimise revenue streams. Include any specific examples of how you've used analytics to improve performance in previous roles.
How to prepare for a job interview at Sofitel
✨Understand the Revenue Management Landscape
Familiarise yourself with the key concepts of revenue management, especially in the context of hotels. Be prepared to discuss how you would drive TRevPAR and optimise revenue across various streams like rooms and F&B.
✨Showcase Your Analytical Skills
Highlight your experience with data analysis and forecasting. Be ready to provide examples of how you've used data-driven insights to inform pricing strategies or improve profitability in previous roles.
✨Demonstrate Leadership Experience
As a Head of Revenue, you'll need to lead teams effectively. Share specific instances where you've mentored others or driven cross-functional collaboration to achieve commercial goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you've had to make tough decisions regarding pricing or market strategy, and be ready to explain your thought process.