At a Glance
- Tasks: Join our Revenue Team to manage hotel pricing and drive revenue performance.
- Company: Leonardo Hotels operates over 270 hotels across the UK and Europe, with exciting growth plans.
- Benefits: Enjoy special hotel rates, recognition schemes, meals on duty, and a vibrant workplace culture.
- Why this job: This role offers practical training, career progression, and a fun environment in hospitality.
- Qualifications: Looking for flexible, numerate individuals with strong communication and problem-solving skills.
- Other info: Participate in celebrations like Thank You Week and Employee Awards Celebration.
The predicted salary is between 36000 - 60000 £ per year.
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.
- Company-wide recognition scheme: 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.
- Regular celebrations such as Thank You Week and Employee Awards Celebration.
- 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.
- 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.
- 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.
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!
Market Revenue Manager employer: Leonardo Royal Hotel St Paul's
Contact Detail:
Leonardo Royal Hotel St Paul's Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Revenue Manager
✨Tip Number 1
Familiarise yourself with the latest trends in revenue management within the hospitality industry. Understanding how pricing strategies and market dynamics work will give you an edge during interviews.
✨Tip Number 2
Network with professionals in the hospitality sector, especially those in revenue management roles. Attend industry events or join online forums to build connections that could lead to valuable insights and recommendations.
✨Tip Number 3
Prepare to discuss specific examples of how you've used data analysis to drive revenue in previous roles. Being able to showcase your analytical skills will demonstrate your capability for the Market Revenue Manager position.
✨Tip Number 4
Research Leonardo Hotels thoroughly, including their current market position and competitors. Showing that you understand their business model and challenges will impress the hiring team and show your genuine interest in the role.
We think you need these skills to ace Market Revenue Manager
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 Revenue Team at Leonardo Hotels.
Highlight Problem-Solving Skills: In your application, emphasise your strong problem-solving skills. Provide examples of past situations where you successfully navigated challenges, particularly in a revenue or analytical context.
Show Enthusiasm for Training and Development: Express your eagerness for practical training and career progression in your application. Mention how you value ongoing development and how it aligns with your career goals in the hospitality sector.
How to prepare for a job interview at Leonardo Royal Hotel St Paul's
✨Know Your Numbers
As a Market Revenue Manager, you'll need to demonstrate your numerical skills. Brush up on key metrics like RGI and pricing strategies. Be prepared to discuss how you've used data to drive revenue in previous roles.
✨Showcase Your Communication Skills
Excellent communication is crucial in this role. Think of examples where you've effectively communicated with teams or clients to solve problems or implement strategies. This will show your ability to work collaboratively.
✨Research the Company and Competitors
Familiarise yourself with Leonardo Hotels and its position in the market. Understand their competitors and be ready to discuss how you would approach pricing and revenue management in relation to them.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Prepare examples of how you've handled challenges in revenue management, such as adjusting pricing in response to market changes or competitor actions.