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- Tasks: Manage revenue for a bustling events venue, driving pricing strategies and forecasts.
- Company: Join De Vere Beaumont Estate, a leading hospitality brand in the heart of London.
- Benefits: Enjoy a £55k salary, bonuses, private medical insurance, and 33 days holiday from day one.
- Why this job: Be part of a dynamic team, with opportunities for growth and fun team events.
- Qualifications: Experience in revenue management and data analysis is essential; Excel skills are a must.
- Other info: Celebrate your birthday with an extra day off and enjoy exclusive discounts on stays and dining.
The predicted salary is between 44000 - 66000 £ per year.
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Do you have a talent for Revenue Management within a Conference & Events setting?
We have a new opening for a Revenue Manager to join our team to support the De Vere Grand Connaught Rooms in Covent Garden, London.
As the Revenue Manager for our city-centre events venue you will have responsibility for over £15m turnover. With a mix of conference and leisure events, you will define, implement and measure the pricing strategy for our meeting and event spaces and all other revenue generating areas. You will provide regular forecasts, business reports and participate in the preparation of annual budgets, working closely with the General Manager, Director of Sales and our experienced Group Director of Revenue. You will also work closely with our Director of Meetings & Events who oversees the sales office team, to drive sales and standards of service for positive revenue growth.
Your Skills & Experience
- You will have experience of Revenue Management within a Conference & Events-focused hotel or venue, with experience of pricing, forecasting and business reporting.
- You will be comfortable presenting commercial updates to all levels of the organisation.
- You will be confident interpreting and analysing data using Microsoft Excel.
- You can demonstrate a readiness to make decisions, take initiative and originate action to solve difficult problems.
- Experience of using Opera Cloud (PMS) & Venue Performance would be a distinct advantage.
- You enjoy working with people and supporting a team to learn and develop their knowledge and skills.
Benefits
The Pay & Benefits:
At De Vere we pay attention to the thoughtful details that inspire the loyalty of our permanent colleagues.
That’s why we are proud to offer the following benefits for the role of Revenue Manager.
- £55k per year plus bonus Incentive Scheme with the opportunity to earn up to 20% of salary based on business performance
- BUPA Private Medical Insurance plus discounted family memberships
- Enhanced Company Pension Scheme
- Free meals in our colleague dining facilities
- 33 days holiday each year from day one of your employment
- We believe in celebrating your special moments too, which is why we offer an extra paid day off for your birthday, along with a £20 love to shop voucher.
- As a token of our gratitude for your loyalty, we\’ll treat you to an annual complimentary 2-night stay with dinner in a De Vere property of your choice, plus additional monetary rewards for reaching long service milestones.
- Discover exclusive perks with our £50 colleague rates for overnight stays at De Vere properties, accompanied by a fantastic 50% discount on Food & Beverage.
- Explore our Exclusively Yours Benefits portal, unlocking hundreds of discounts on retail, travel, and leisure activities.
- We are committed to your growth and offer excellent career progression opportunities, including access to our Apprenticeship programmes and study support.
- Take advantage of our Employee Assistance Programme, Hospitality Action, providing 24/7 health and wellbeing support, including free counselling.
- Gain peace of mind with our Company Life Assurance scheme, ensuring financial security for your loved ones.
- We value your hard work and recognise your achievements through our monthly colleague recognition programme, You Are DeVere, culminating in an exciting annual colleague recognition event.
- Join a supportive team that knows how to have fun with regular team appreciation events, including memorable Christmas and Summer parties.
Seniority level
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Seniority level
Entry level
Employment type
-
Employment type
Full-time
Job function
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Job function
Accounting/Auditing and Finance
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Industries
Hospitality
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Revenue Manager employer: De Vere Beaumont Estate
Contact Detail:
De Vere Beaumont Estate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Manager
✨Tip Number 1
Familiarise yourself with the specific revenue management tools mentioned in the job description, such as Opera Cloud and Venue Performance. Having a solid understanding of these systems will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Prepare to discuss your experience in pricing strategies and forecasting during the interview. Think of specific examples where your decisions led to positive revenue growth, as this will showcase your ability to contribute effectively to the team.
✨Tip Number 3
Brush up on your data analysis skills, particularly in Microsoft Excel. Be ready to explain how you've used data to inform your revenue management decisions in the past, as this is a key aspect of the role.
✨Tip Number 4
Network with professionals in the hospitality industry, especially those who have experience in conference and events management. This can provide you with valuable insights and potentially lead to referrals that could enhance your application.
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, particularly within a Conference & Events setting. Use specific examples of pricing strategies you've implemented and any relevant software you've used, like Opera Cloud.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the hospitality industry. Mention how your skills align with the responsibilities outlined in the job description, such as forecasting and business reporting.
Showcase Your Analytical Skills: Since the role requires interpreting and analysing data, include examples of how you've successfully used Microsoft Excel or other tools to drive revenue growth in previous positions.
Prepare for Interviews: If you get an interview, be ready to discuss your past experiences in detail. Prepare to present commercial updates and demonstrate your decision-making process in challenging situations.
How to prepare for a job interview at De Vere Beaumont Estate
✨Know Your Numbers
As a Revenue Manager, you'll be dealing with significant financial figures. Brush up on your knowledge of revenue management metrics and be prepared to discuss how you've successfully managed budgets and forecasts in the past.
✨Showcase Your Analytical Skills
Be ready to demonstrate your ability to interpret and analyse data, especially using Microsoft Excel. Prepare examples of how you've used data to make informed decisions that positively impacted revenue.
✨Understand the Venue's Unique Selling Points
Research De Vere Beaumont Estate and its offerings. Be prepared to discuss how you would leverage its unique features to drive revenue growth, particularly in the Conference & Events sector.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills. Think of scenarios where you've had to make tough decisions or implement pricing strategies under pressure, and be ready to share those experiences.
