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- Tasks: Maximise hotel revenue through strategic planning and analysis.
- Company: Join Crimson Hotels, a growing hotel management company with global reach.
- Benefits: Enjoy discounted travel rates, free meals, and extensive training opportunities.
- Other info: Must have the right to work in the UK.
- Why this job: Be part of a dynamic team driving revenue and making an impact in the hospitality industry.
- Qualifications: Strong analytical skills and experience with revenue management systems required.
The predicted salary is between 43200 - 72000 £ per year.
This is a senior role within the Crimson Hotels Commercial team. As the Cluster Revenue Manager you will be the key driver of maximising bedroom and Meetings & Events revenue for a Region of hotels through utilization and analysis of effective revenue & rate management techniques. You will deliver budgeted rooms and M&E revenue, and outperformance at an RGI level vs primary competitor set. Revenue Management Develop, implement, and execute strategic action plans to drive hotel revenue performance in conjunction with the senior management team. Produce a detailed day by day monthly rooms forecast Oversee the detailed M&E forecast on a weekly basis. Produce a detailed daily budget plan. Consistently review hotels daily pricing in respect of direct competitors’ / pace of demand Ensure hotel maintains and grows RGI % above the competitor set. Take ownership of all revenue streams. Hold daily strategy calls with your hotels Run weekly commercial meetings for all hotels Ensure all group / meeting quotations are delivered and responded to within 4 hours of receipt, involving stakeholders as necessary. Work with digital marketing to ensure content is being pushed online to reflect current trading conditions. Rate Management Own the rate strategy Utilise all tools and opportunities to ensure maximum yield. Set pricing across all market segments in conjunction with Sales & General Managers. Be proactive to market conditions. Ensure appropriate promotions and tactical rates are communicated to marketing. People / Relationship Management Understanding and influencing revenue related relationships to the benefit of the business (both internal & external). Understanding and managing revenue related duties / processes in a timely manner. Effectively communicate with all key stakeholders on a daily basis. Develop strong relationships with brand office support functions. System Management Strong knowledge of Microsoft office (excel). Understanding of IDeaS / EzRMS / Concerto or similar revenue management systems. Understanding of Opera / OnQ or similar PMS systems to include Sales & Catering. Understanding of how to interpret Rate shopping solutions. Ability to understand, analyse and act upon CoSTAR data. Awareness of channel management systems. Understanding of distribution eco systems. Clear understanding of all relevant distribution channels, from GDS through to on line travel agents with ability to influence channels to advantage of the property. Keep abreast of industry news / performance / relevant new initiatives. Crimson Hotels are an expanding hotel management company that will support your personal development with both Hilton or external courses. Benefits GoHilton – you and your friends and family can explore the world with discounted room rates through our renowned international travel programme with more than 12 brands under the Hilton Family Discounted rates at other non-Hilton Crimson managed properties Learning and development opportunities – from in-house training courses, External Revenue Management and Commercial courses to over 1,000 training courses available via the Hilton University. Free freshly cooked meals on duty You must also have right to work in the UK
Regional Cluster Revenue Manager employer: leisurejobs
Contact Detail:
leisurejobs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regional Cluster Revenue Manager
✨Tip Number 1
Familiarise yourself with the latest revenue management tools and systems mentioned in the job description, such as IDeaS and Opera. Being well-versed in these platforms will not only boost your confidence during interviews but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the hotel industry, especially those who work in revenue management roles. Attend industry events or join relevant online forums to gain insights and make connections that could help you stand out when applying for this position.
✨Tip Number 3
Stay updated on current market trends and competitor strategies in the hospitality sector. This knowledge will not only prepare you for potential interview questions but also show your proactive approach to understanding the business landscape.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed revenue streams or improved performance in previous roles. Having concrete achievements ready to share will help you illustrate your capabilities and fit for the Cluster Revenue Manager role.
We think you need these skills to ace Regional Cluster Revenue Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue management, particularly in the hotel or hospitality sector. Emphasise your achievements in maximising revenue and managing pricing strategies.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role of Cluster Revenue Manager at Crimson Hotels. Mention specific skills that align with the job description, such as your experience with revenue management systems and your ability to analyse market conditions.
Showcase Analytical Skills: Since the role requires strong analytical abilities, provide examples in your application of how you've used data to drive revenue decisions. Highlight any experience with tools like IDeaS or CoSTAR data analysis.
Demonstrate Relationship Management: Discuss your experience in managing relationships with stakeholders, both internal and external. Provide examples of how you've effectively communicated and collaborated with teams to achieve revenue goals.
How to prepare for a job interview at leisurejobs
✨Know Your Numbers
As a Regional Cluster Revenue Manager, you'll need to demonstrate your ability to analyse and interpret revenue data. Be prepared to discuss specific metrics you've managed in the past, such as RGI percentages and forecasting accuracy. Show them you can back up your strategies with solid numbers.
✨Showcase Your Strategic Thinking
This role requires developing and executing strategic action plans. During the interview, share examples of how you've successfully implemented revenue management strategies in previous positions. Highlight your proactive approach to market conditions and how it benefited your past employers.
✨Emphasise Relationship Management Skills
Effective communication and relationship management are key in this role. Prepare to discuss how you've built strong relationships with stakeholders, both internal and external. Share specific instances where your communication skills led to improved revenue outcomes.
✨Familiarise Yourself with Relevant Systems
Knowledge of revenue management systems like IDeaS or EzRMS is crucial. Make sure you can talk about your experience with these tools and how you've used them to drive revenue performance. If you're familiar with channel management systems, be ready to explain how you've leveraged them in your previous roles.