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Revenue Manager - Bengaluru, India - Destada
Description
EXPERIENCE WORKING FOR A HOTEL IN REVENUE MANAGEMENT IS ESSENTIAL FOR THIS ROLE.
Please do not apply if you do not have experience working for a hotel in Revenue Management.
Destada Properties was launched in 2019 to bring established hospitality industry sales, marketing, distribution and revenue management expertise to the fast-growing vacation rental market in Asia.
As the industry accelerates with increasing worldwide demand being channeled through a select number of global online travel agencies and numerous regional players it is hard for property owners to know where to focus energy; which channels can deliver to which destinations.
Destada is building a team of hospitality and travel industry professionals to bring this expertise to markets throughout Asia.
Based in Bengaluru, the Revenue Management position is a pivotal role in the company responsible for designing and executing market leading strategies to drive the performance of the property portfolio and improve the return on investment for property owners.
Key Expectations of Role
●Work with the management team to create a streamlined and effective org structure that services the business needs and prepares for scale.
●Develop and outline strategies to optimise the distribution, occupancy and yield of regional short-term rental portfolios through 3rd party channels. Consider global travel corridors, seasonality and lead time when defining the business mix.
●Outline data requirements to build long term plans at destination level. Design daily reporting. Use data accordingly to drive growth.
●Analyze property and market results and performance (average rate, occupancy, Rev PAR). Survey the market & competitors in terms of performance (occupancy, market penetration etc.), pricing & availability as a basis for future tactical decisions.
●Design processes to monitor and validate property level forecasts to ensure forecast accuracy is met and ensure team executes daily review of the portfolio data before applying dynamic changes.
●Ensure that a revenue management culture based on data is driven throughout the team. Organise and lead weekly revenue meetings & monthly business reviews with the leadership team.
●Work with Vindhya to build a team and design training programs to increase skill and knowledge at an accelerated rate
●Liaise with the Sales and Account Management team who own the relationship with property developers, managers and owners. Ensure that the market, portfolio or property level strategy is shared as appropriate.
Profile
●Experience at Manager or Director level within reservations and revenue management responsibility in a fast-paced market within the hotel industry. Multi property experience is preferred but not essential.
●Demonstrated experience at building, leading and developing a team of revenue professionals.
●A proven track record in yield management and revenue forecasting.
●Excellent communication skills and experience of managing stakeholders at all levels.
●Customer focused, accountable, highly driven and enjoys pressure in a fast paced environment.
●Happy to be involved in a start-up environment willing to be hands on from the outset.
●Excellent communication and interpersonal skills.
●Strong commercial acumen.
●Experience of launching and developing new markets desirable.
●Accomplished skills in Excel.
●Pro-active with a strong sense of responsibility and integrity.
●Fluency in second Asian language desirable.