At a Glance
- Tasks: Manage revenue operations for two hotels and optimise pricing strategies.
- Company: Join Millennium Hotels and Resorts, a global leader in hospitality.
- Benefits: Enjoy social events, training, discounts, and a volunteer day off.
- Other info: Great career growth opportunities and a supportive team culture.
- Why this job: Make a real impact on hotel performance in a dynamic environment.
- Qualifications: 5+ years in revenue management with strong analytical skills.
The predicted salary is between 45000 - 55000 £ per year.
An exciting opportunity has arisen to join our Revenue department. We are looking for a Cluster Revenue Manager to look after 2 hotels. Our ideal candidate will have strong experience managing a hotel that can push performance in a competitive landscape within the comp set. The Cluster Revenue Manager is responsible for optimising pricing, inventory, and distribution to maximise RevPAR, market share, and overall profitability. This role requires expertise in revenue & reservations management systems and commercial processes, ensuring the hotels constantly deliver a strong financial performance.
Responsibilities
- Manage day-to-day revenue operations for assigned hotel portfolio
- Yield daily, weekly, and monthly hotel pricing and ensure rate parity across distribution channels
- Provide strategic rate recommendations to internal teams and external clients
- Optimise hotel inventory and control overbooking levels to maximise room revenue
- Analyse promotional rate performance and business mix to ensure optimal sales strategy
- Conduct year-to-date and monthly business analysis, tracking occupancy, ADR, and room revenue
- Design and maintain action plans for each hotel, incentivising demand by segment and following up weekly
- Optimise total revenue and market positioning for hotels under responsibility
- Analyse competitor pricing strategies and adjust plans as needed
- Ensure alignment of business mix with seasonality and market segment strategy
Skills and Qualifications
- Minimum 5 years of experience in revenue management, with at least 2 years in a multi-property or cluster role
- Extensive knowledge of hotel operations and market dynamics
- Proficiency in Opera (PMS), revenue management systems (RMS), and channel management software
- Strong analytical and strategic decision-making abilities
- Excellent communication, leadership, and interpersonal skills
- Ability to work under pressure, manage multiple priorities, and meet deadlines
Benefits
- Social events, wellbeing and team activities
- Bonus
- Training and development
- Pension salary sacrifice scheme
- Career development and salary reviews
- Interest-free season ticket loan scheme
- One volunteer day per year (fully paid and in addition to your annual leave)
- Complimentary meals prepared by our chefs
- Length of service related holiday scheme
- Discount on accommodation worldwide and 50% on food and beverage outlets
- Life assurance
- Recommend-a-friend scheme
About the Group
Millennium Hotels and Resorts owns and operates a portfolio of over 140 hotels worldwide. Properties are placed into collections: Leng's Collection, M Social Collection, Millennium Collection, Copthorne Collection and the Biltmore. Each collection has its own distinct personality, character and clearly defined hotel brands.
Cluster Revenue Manager in Plymouth employer: Millennium Hotels UK/EU - Careers
Millennium Hotels and Resorts is an exceptional employer, offering a vibrant work culture that prioritises employee wellbeing and development. As a Cluster Revenue Manager, you will benefit from comprehensive training opportunities, a supportive team environment, and unique perks such as complimentary meals and discounts on global accommodation. With a focus on career growth and a commitment to recognising employee contributions, this role in the hospitality sector promises a rewarding and fulfilling career path.
Contact Details:
Millennium Hotels UK/EU - Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cluster Revenue Manager in Plymouth
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and join relevant online groups. The more people you know, the better your chances of landing that Cluster Revenue Manager role.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your revenue management successes, including any strategies you've implemented that boosted RevPAR or market share. This will help us see your potential in action.
✨Tip Number 3
Ace the interview! Research the company and its hotels, and come armed with insights on their market positioning. We love candidates who can demonstrate their knowledge and passion for optimising hotel performance.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you're genuinely interested in joining our team and making an impact in the revenue department.
We think you need these skills to ace Cluster Revenue Manager in Plymouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cluster Revenue Manager role. Highlight your experience in revenue management and any specific achievements that demonstrate your ability to optimise pricing and inventory.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Share your passion for revenue management and how your skills align with our needs, especially in a multi-property environment.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, include examples of how you've used data to drive decisions in previous roles. We want to see your strategic thinking in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Millennium Hotels UK/EU - Careers
✨Know Your Numbers
As a Cluster Revenue Manager, you'll need to be on top of your game with numbers. Brush up on key metrics like RevPAR, ADR, and occupancy rates. Be ready to discuss how you've used these figures to drive performance in previous roles.
✨Showcase Your Strategic Mindset
This role is all about optimising pricing and inventory. Prepare examples of how you've developed and implemented successful pricing strategies in competitive environments. Highlight your analytical skills and how they’ve led to improved revenue outcomes.
✨Familiarise Yourself with the Tools
Make sure you're comfortable with the software mentioned in the job description, like Opera and RMS. If you have experience with similar systems, be prepared to discuss how you adapted to new tools and maximised their potential.
✨Communicate Effectively
Strong communication skills are crucial for this role. Think about times when you've had to present data or strategies to different stakeholders. Practice articulating your thoughts clearly and confidently, as this will show your leadership capabilities.