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- Tasks: Analyse data trends and develop revenue strategies for a cluster of properties.
- Company: Join a leading global lifestyle accommodation brand expanding into major US cities.
- Benefits: Enjoy career development opportunities and a dynamic work environment in London.
- Why this job: Be part of a fast-growing business that values innovation and teamwork.
- Qualifications: 1-2 years' experience in hospitality revenue management and strong communication skills required.
- Other info: Work full-time in the office, collaborating with various teams to drive success.
The predicted salary is between 36000 - 60000 £ per year.
This range is provided by MRK Associates. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Based in London, our global client is looking for a Cluster Revenue Manager to join their team on a permanent basis, working full-time 5 days per week in the office.
This job would suit someone with at least 1-2 years’ experience in hospitality revenue management to be responsible for reporting to the Director of Global Revenue Strategy and working closely with the General Manager, Sales and Reservation teams of the cluster you are looking after.
This dynamic and leading global lifestyle accommodation brand across European capitals and is now making its way across the pond in the biggest American cities including New York and Miami.
The successful individual will have at least 1-2 years’ multi-property experience within a revenue management team with good knowledge of the hospitality industry. They will be technically proficient with the full range of hospitality systems; e.g. Property Management Systems, Revenue Management Systems, Channel Managers and Microsoft Office product. Excellent written and verbal communication skills are essential for this role.
Job Responsibilities:
- Analyse trends in data to develop winning revenue management strategies and outperform your competitive set
- Maximise total revenue of the property through business mix optimisation and rate manipulation
- Provide ongoing insight about revenue performance of your cluster to all stakeholders
- Forecast demand per market segment for your cluster and provide supporting commentary to the management
- Produce annual budgets per segment; participate in the process of delivering the annual sales & marketing plan
- Manage the overbooking strategies for your cluster to maximise occupancy levels
- Monitor and control all functions of the revenue management system and the accuracy of the reporting solution
- Liaise with your colleagues from e-commerce, distribution and marketing to drive additional business
- Be commercially savvy in exploring new distribution channels and technology partners
- Take the initiative to proactively adapt strategy and tactics in changing market conditions
This is a fantastic opportunity for a revenue manager that would like to join a complex, fast-growing business who will invest in your development and career progression.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Strategy/Planning and Analyst
Industries
Hospitality
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Cluster Revenue Manager employer: MRK Associates
Contact Detail:
MRK Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cluster Revenue Manager
✨Tip Number 1
Network with professionals in the hospitality industry, especially those who work in revenue management. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Familiarise yourself with the specific revenue management systems and tools mentioned in the job description. If you have experience with similar systems, be ready to discuss how you've used them effectively in your previous roles.
✨Tip Number 3
Stay updated on market trends and competitor strategies within the hospitality sector. This knowledge will not only help you during interviews but also demonstrate your proactive approach to revenue management.
✨Tip Number 4
Prepare to showcase your analytical skills by discussing specific examples of how you've successfully developed revenue strategies in past roles. Highlight any measurable outcomes to illustrate your impact on revenue performance.
We think you need these skills to ace Cluster Revenue Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in hospitality revenue management. Focus on your achievements and specific skills that align with the job description, such as your proficiency with Property Management Systems and Revenue Management Systems.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the hospitality industry and your understanding of revenue management strategies. Mention how your previous experiences have prepared you for this role and how you can contribute to the company's success.
Highlight Communication Skills: Since excellent written and verbal communication skills are essential for this role, provide examples in your application that demonstrate your ability to communicate effectively with various stakeholders, including management and sales teams.
Showcase Analytical Skills: Emphasise your analytical abilities by discussing specific instances where you analysed data to develop revenue strategies or improve performance. This will show your potential employer that you can handle the responsibilities of the Cluster Revenue Manager role.
How to prepare for a job interview at MRK Associates
✨Showcase Your Experience
Make sure to highlight your 1-2 years of experience in hospitality revenue management. Be prepared to discuss specific examples of how you've successfully analysed data and developed strategies that improved revenue.
✨Demonstrate Technical Proficiency
Familiarise yourself with the hospitality systems mentioned in the job description, such as Property Management Systems and Revenue Management Systems. Be ready to discuss your experience with these tools and how they have helped you in your previous roles.
✨Communicate Clearly
Since excellent written and verbal communication skills are essential, practice articulating your thoughts clearly. Prepare to explain complex concepts in a straightforward manner, especially when discussing revenue performance and strategies.
✨Be Commercially Savvy
Research current trends in the hospitality industry and be prepared to discuss how you would explore new distribution channels and technology partners. Showing that you understand the market will demonstrate your proactive approach to revenue management.
