Market Revenue Manager

Market Revenue Manager

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage hotel pricing and revenue strategies to boost performance.
  • Company: Join Leonardo Hotels, a rapidly expanding hotel group with over 270 locations across Europe.
  • Benefits: Enjoy special hotel rates, recognition schemes, meals on duty, and a vibrant workplace culture.
  • Why this job: Kickstart your career in hospitality with training, progression opportunities, and a fun team environment.
  • Qualifications: Looking for flexible, numerate individuals with strong communication and problem-solving skills.
  • Other info: Be part of a growing company with exciting expansion plans and a structured career path.

The predicted salary is between 28800 - 43200 £ per year.

Join to apply for the Market Revenue Manager role at Leonardo Hotels UK & Ireland | Formerly Jurys Inn

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Join to apply for the Market Revenue Manager role at Leonardo Hotels UK & Ireland | Formerly Jurys Inn

Here at Leonardo hotels we have an opportunity for you to join our Revenue Team as Market Revenue Manager. You will become an integral member of the team to deliver excellence to all our valued customers in our Revenue Department.
This is a role, where we engage with you; give you practical training, development and progression within a dynamic and rapidly expanding company, knowing that promotion will not be too far away if you want a fun and exciting career in hospitality.
If you are flexible, highly numerate, possess excellent communication skills, attention to detail, strong problem solving skills and have a genuine desire to work in the hospitality industry and are also looking for a structured career path then apply online today,
Some Of The Perks Our Colleagues Enjoy Include

  • Special rates on Leonardo Hotel rooms across the UK & Europe: get planning that city break you’ve been dreaming of!
  • Company-wide recognition scheme: for being your fabulous self, you could earn vouchers to spend on a wide range of high street shops
  • Meals on duty
  • Talent referral scheme: earn yourself a bonus for recommending a friend to join us
  • We love to get together and celebrate: we regularly host Thank You Week (your hotel could have anything from ice cream trucks to pizza parties) and every year we get dressed up in our fanciest threads to host our Employee Awards Celebration
  • The important stuff: access to the Company Pension Scheme, Life Assurance and Wellbeing Support
  • Ongoing job-related training programmes with clear paths for progression

Market Revenue Manager Key Responsibilities

  • Consistently review hotels daily pricing in respect of direct competitors\’ pace of demand, key events in the city and other influencing factors.
  • Ensure hotel maintains and grows RGI % change at a level above that seen within the local competitor set.
  • Ensure group procedures such as availability of credit, accounts payable and received are followed by the hotels.
  • 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 within a tolerance level of 3-5% accuracy on a weekly basis for review at local and group level and complete when covering holidays and absence.

Rate Management

  • Ensure rates are available at an appropriate level, across all relevant distribution channels / systems based on detailed analysis.
  • Utilise all tools / opportunities to ensure maximum yield.
  • Set pricing across all market segments.
  • Own rate parity and ensure that parity is maintained across all public distribution channels.
  • Ensure all rates are loaded and maintained to meet required deadlines and with commercial urgency.

People / Relationship Management

  • Directly manage the on property groups resource where applicable ensuring appropriate guidance is given to allow optimal revenue to be delivered
  • Support the development of on property teams in all aspects of Revenue Management.

Our Story
Built on decades of hotelier know-how, we operate over 270 hotels across the United Kingdom and Europe. We look after over 55 hotels across the UK & Ireland, and being one of the fastest growing hotel groups, we have plans for major expansion over the next few years’; there’s never been a more exciting time to come join us !

Seniority level

  • Seniority level

    Entry level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing and Finance

  • Industries

    Hospitality

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Market Revenue Manager employer: Leonardo Hotels UK & Ireland | Formerly Jurys Inn

At Leonardo Hotels UK & Ireland, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters growth and development. As a Market Revenue Manager, you will benefit from structured career paths, ongoing training, and unique perks such as special hotel rates and company-wide celebrations, all while being part of a rapidly expanding hotel group in the heart of London.
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Contact Detail:

Leonardo Hotels UK & Ireland | Formerly Jurys Inn Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Revenue Manager

✨Tip Number 1

Familiarise yourself with the hospitality industry, especially revenue management strategies. Understanding key concepts like RGI and rate parity will help you speak confidently about how you can contribute to the team.

✨Tip Number 2

Network with professionals in the hospitality sector, particularly those involved in revenue management. Attend industry events or join relevant online forums to gain insights and make connections that could benefit your application.

✨Tip Number 3

Research Leonardo Hotels and their competitors thoroughly. Knowing their market position and recent developments will allow you to tailor your discussions during interviews and demonstrate your genuine interest in the role.

✨Tip Number 4

Prepare to discuss specific examples of how you've used data analysis to drive revenue or improve performance in previous roles. This will showcase your problem-solving skills and ability to make data-driven decisions, which are crucial for a Market Revenue Manager.

We think you need these skills to ace Market Revenue Manager

Revenue Management
Data Analysis
Market Research
Pricing Strategy
Attention to Detail
Strong Numerical Skills
Forecasting
Communication Skills
Problem-Solving Skills
Relationship Management
Competitor Analysis
Strategic Planning
Adaptability
Team Leadership

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Market Revenue Manager role. Focus on your numerical abilities, communication skills, and any previous experience in revenue management or hospitality.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hospitality industry and your desire to grow within it. Mention specific examples of how your skills can contribute to the success of Leonardo Hotels.

Highlight Problem-Solving Skills: In your application, emphasise your problem-solving skills. Provide examples of past challenges you've faced and how you successfully navigated them, particularly in a revenue management context.

Show Enthusiasm for the Company: Demonstrate your knowledge about Leonardo Hotels and express why you want to be part of their team. Mention their growth plans and how you see yourself contributing to their success.

How to prepare for a job interview at Leonardo Hotels UK & Ireland | Formerly Jurys Inn

✨Know Your Numbers

As a Market Revenue Manager, you'll need to demonstrate your numerical skills. Brush up on key metrics like RGI and how to analyse pricing strategies. Be prepared to discuss how you would approach revenue forecasting and competitor analysis.

✨Showcase Your Communication Skills

Excellent communication is crucial in this role. Prepare examples of how you've effectively communicated with teams or clients in the past. Highlight any experience you have in training or guiding others, as this will be valuable in managing on-property teams.

✨Understand the Hospitality Landscape

Familiarise yourself with the current trends in the hospitality industry, especially in revenue management. Be ready to discuss how external factors, such as local events or economic changes, can impact hotel pricing and occupancy rates.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities. Think about how you would handle specific situations, such as a sudden drop in bookings or a competitor's aggressive pricing strategy. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

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