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    Director of Revenue - Jaipur, India - Anantara

    Anantara
    Default job background
    Full time
    Description
    Job Description

    As a Director of Revenue, you will be entrusted with the responsibility of maximizing revenue and optimizing profitability across all revenue streams. You will play a pivotal role in developing and implementing strategies to ensure the hotel achieves its financial objectives while maintaining its esteemed reputation for excellence in hospitality.

    What's in it for you:

    • Employee benefit card offering discounted rates
    • Learning programs through Minor Virtual Campus.
    • Opportunity to develop your talent and grow within your property and across the world

    What you will be doing:

    • Develop and execute comprehensive revenue management strategies to drive revenue growth and achieve financial targets
    • Analyze market trends, competitor performance, and economic factors to make informed pricing and inventory decisions.
    • Implement dynamic pricing strategies to maximize revenue per available room (RevPAR) and other key performance indicators.
    • Oversee distribution channels including direct bookings, online travel agencies (OTAs), global distribution systems (GDS), and other distribution partners.
    • Monitor channel performance and adjust distribution strategies to optimize revenue and minimize distribution costs.
    • Negotiate contracts and partnerships with distribution partners to enhance the hotel's visibility and reach.
    • Develop accurate revenue forecasts based on historical data, market trends, and upcoming events.
    • Collaborate with department heads to establish annual budgets and revenue targets.
    • Monitor performance against budget and forecast, identifying variances and implementing corrective actions as necessary.
    • Utilize data analytics tools to extract insights and identify revenue optimization opportunities.
    • Prepare regular reports and presentations for senior management, highlighting key performance metrics, trends, and actionable recommendations.
    • Collaborate closely with sales, marketing, and operations teams to align revenue strategies with overall business objectives.
    • Provide guidance and support to department heads in implementing revenue optimization initiatives.
    • Foster a culture of revenue management excellence throughout the organization.
    Array

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