Revenue Manager

Revenue Manager

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead revenue strategy to maximise room revenue and manage pricing and inventory.
  • Company: The Hoxton is a vibrant hotel brand focused on creating welcoming experiences in unique neighbourhoods.
  • Benefits: Enjoy competitive salary, 29 days holiday, free meals, and discounts across the group.
  • Why this job: Join a creative team that values hospitality and offers opportunities for personal and professional growth.
  • Qualifications: 2-3 years in Revenue or Reservations; experience with hotel systems preferred.
  • Other info: Be part of an innovative, fast-growing international group shaking up the hospitality scene.

The predicted salary is between 36000 - 60000 £ per year.

Join to apply for the Revenue Manager role at The Hoxton

The Hoxton, Edinburgh

We can’t wait to open our first UK hotel outside of London…and where better than the characterful capital of Scotland, Edinburgh. We are now looking for a Revenue Manager to join our team and play a crucial part in successfully launching our brand in this new neighbourhood. Reporting to our Director of Revenue – UK & Ireland, you’ll lead the strategy of The Hoxton, Edinburgh to maximise room revenue through the management of room inventory, pricing, market segmentation, and channel mix, in addition to assisting on a wide range of projects, like system builds, strategy, and property level trainings.

More About Us…

The Hoxton is a series of open-house hotels, each in a neighbourhood that we love. Ever since we opened our first hotel in Shoreditch, we’ve never just been about offering a bed for the night. We want to be more than that: proving style doesn’t need to be sacrificed for good value and providing a place where guests can hang out alongside the locals and submerse themselves in the neighbourhood with vibrant, welcoming public spaces.

Job Description
What\’s in it for you…

  • Become part of a team that’s very passionate about creating great hospitality experiences.
  • Competitive salary.
  • 29 days holiday (including bank holidays), pension and life insurance.
  • Food on us during your shift.
  • Enjoy a free night at The Hoxton and a meal for two when you first start with us.
  • Training to get you settled into your role with ongoing development that helps you think, make and thrive to set you up for success at work.
  • Time off to volunteer with one of our partner charities.
  • Hox Hero and Nifty Fifty, our rewards for going the extra mile and living our values.
  • An annual diversity and inclusion calendar of events creating opportunities for you to learn, celebrate and make a positive impact.
  • Regular team get togethers, from our High Fives to our (pretty special!) team parties – we know how to have a good time!
  • The chance to challenge the norm and work in an environment that is both creative and rewarding.
  • Join an innovative, fast-growing, international group that is shaking things up on the hospitality scene.
  • Excellent discounts across The Hoxton and the global Ennismore family.

What You\’ll Do…

  • Effectively incorporate the revenue management philosophy of exceeding our fair share from three key perspectives, Mind Share, Market Share, Channel Share, in all aspects of revenue management, sales, marketing, and operations.
  • Chair the weekly Revenue Meeting for your assigned property to collaborate on revenue management, sales, and marketing strategy with the hotel and support teams. Ensure to understand the impact of decisions on operations and profitability.
  • Support additional hotels within your assigned region with revenue/sales/marketing processes, systems management, pricing, strategy, and reporting.
  • Regularly collaborate with General Manager and Sales, Brand and Digital teams on high level strategy decisions across market segments and distribution channels.
  • Ensure that our current systems and processes meet group requirements and are adjusted appropriately to support the business.
  • Responsible for weekly, monthly, and ad-hoc data analysis and reporting.
  • Identify and report on actions taken with regards to important trends (i.e. pace, group pace, booking window, booking channel, etc.).
  • Responsible for achieving room revenue goals (budget, RevPAR Index etc.) with a focus on profitability.
  • Prepare annual hotel revenue budget and maintain ongoing results analysis.
  • Prepare monthly forecasts with a daily breakdown of occupancy/rate and market segment mix along with ongoing results analysis.
  • Monitor competitors’ products and revenue management practices. Also monitor new hotel development and local market demand generators.
  • Maintain strong relationships with third-party partners including OTA market managers.
  • Oversee channel management including rate loading and inventory management.
  • Responsible for the continued usage and maintenance of the Revenue Management System. Responsible for forecast validation and daily interaction with system and the decisions produced, configuration and maintenance tasks related to the system.

What We\’re Looking For…

  • Individuals. You’re looking for a place where you can be you; no clones in suits here.
  • Passion for hospitality – whether that’s a drink, a meal, an event or a bed for the night.
  • You’re all about having a positive impact on the people you interact with, leaving them with a memorable experience.
  • You’re not precious. We leave our egos at the door and help get things done.
  • You’re up for doing things differently and trying (almost) everything once.
  • If we got stuck in a lift together, we’d have a good time and share a few laughs.
  • You want to be part of a team that works hard, supports each other, and has fun along the way.
  • You must be technically skilled with a strong understanding of systems and hotel operations. Opera Cloud or V5, IDeaS G3 RMS, and Travelclick CRS experience is preferred.
  • 2-3 years’ minimum experience in Revenue or Reservations function is required. Experience in hotel openings and/or the Edinburgh market is preferred although not required.
  • You take ownership, solve problems, and make effective decisions.
  • You are a quick learner and have a growth mindset.
  • You are methodical and have a process-driven approach to tasks but are also flexible and calm especially in times of tight deadlines.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Hospitality

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Revenue Manager employer: Hoxton Hotel Group

The Hoxton, Edinburgh is an exceptional employer that fosters a vibrant and inclusive work culture, where creativity and collaboration thrive. With competitive salaries, generous holiday allowances, and opportunities for personal and professional growth, employees are encouraged to make a meaningful impact while enjoying unique benefits like free meals during shifts and discounts across the Ennismore family. Join us in a dynamic environment that values individuality and celebrates success together, all while being part of an exciting new chapter in Scotland's capital.
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Contact Detail:

Hoxton Hotel Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Revenue Manager

✨Tip Number 1

Familiarise yourself with The Hoxton's brand values and their approach to hospitality. Understanding their unique selling points will help you align your responses during interviews and demonstrate your passion for their mission.

✨Tip Number 2

Network with professionals in the hospitality industry, especially those who have experience in revenue management. Attend industry events or join relevant online forums to gain insights and potentially get referrals.

✨Tip Number 3

Stay updated on the latest trends in revenue management and hotel operations. Being knowledgeable about current market conditions and technologies like Opera Cloud or IDeaS G3 RMS can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully maximised revenue in previous roles. Highlighting your analytical skills and ability to make data-driven decisions will showcase your fit for the Revenue Manager position.

We think you need these skills to ace Revenue Manager

Revenue Management
Data Analysis
Market Segmentation
Pricing Strategy
Channel Management
Forecasting
Budget Preparation
Strong Communication Skills
Collaboration with Cross-Functional Teams
Technical Proficiency in Revenue Management Systems (e.g., Opera Cloud, IDeaS G3 RMS)
Problem-Solving Skills
Attention to Detail
Adaptability
Understanding of Hotel Operations
Competitor Analysis

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in revenue management, particularly in the hospitality sector. Emphasise any specific achievements related to maximising room revenue and managing pricing strategies.

Craft a Compelling Cover Letter: In your cover letter, express your passion for hospitality and how your skills align with The Hoxton's values. Mention your understanding of revenue management systems and your ability to work collaboratively with teams.

Showcase Relevant Skills: Highlight your technical skills, especially with systems like Opera Cloud or IDeaS G3 RMS. Provide examples of how you've used these tools to drive revenue and improve operational efficiency in previous roles.

Research The Hoxton: Familiarise yourself with The Hoxton's brand and its approach to hospitality. Understanding their unique selling points and market positioning will help you tailor your application and demonstrate your enthusiasm for the role.

How to prepare for a job interview at Hoxton Hotel Group

✨Know Your Numbers

As a Revenue Manager, you'll need to demonstrate your understanding of key metrics like RevPAR and occupancy rates. Be prepared to discuss how you've used data analysis in previous roles to drive revenue growth.

✨Showcase Your Technical Skills

Familiarity with systems like Opera Cloud or IDeaS G3 RMS is crucial. Highlight any experience you have with these tools during the interview, and be ready to explain how you've leveraged technology to optimise revenue management.

✨Understand the Local Market

Research the Edinburgh hospitality market before your interview. Be ready to discuss local competitors, market trends, and how you would approach revenue management in this specific area.

✨Demonstrate Team Collaboration

The role involves working closely with various teams. Share examples of how you've successfully collaborated with sales, marketing, and operations in the past to achieve common goals, showcasing your ability to lead and influence.

Revenue Manager
Hoxton Hotel Group
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