Revenue Manager
Company: Kimpton Goodland Fort Lauderdale Beach
Location: Fort Lauderdale
Posted on: August 7, 2022
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Job Description:
Overview
Optimize the hotel's Room and Catering revenue by working closely
with the General Manager, Director of Sales and Front Office
Manager to implement strategies. Monitor all distribution channels
to ensure effective selling through inventory management, market
mix and pricing. Communicates demand patterns to revenue team and
assists with forecasting. Helps set strategies leading to increased
market share.
Responsibilities
- Update and manage selling strategies and product information in
all available distribution channels and reservation sources
(onsite, third-party reservation providers, call centers, websites,
GDS, etc.). Optimize RevPAR by analyzing and forecasting demand and
establishing effective selling strategies, oversell strategies, and
optimal market mix.
- Work with the hotel General Manager, Director of Sales and hotel
team to establish strategies to increase revenue of both Rooms and
Catering. Work with the Regional Director of Revenue Management in
implementing Revenue Management programs and new initiatives at the
hotel.
- Conduct ongoing competitor price and product analyses to ensure
proper rate positioning and product offering relative to
competition. Actively participate in all pricing decisions for
transient, group, and wholesale segments. Facilitate Weekly Sales
and Revenue Strategy meetings.
- Interview, hire, train, recommend performance evaluations,
resolve problems, provide open communication and recommend
discipline and/or termination when appropriate.
- Facilitate Daily and Weekly Sales and Revenue Strategy
meetings
- Actively participate in budgeting and business planning for the
Food and Beverage department including Catering, and any other
revenue generating department
- Work with the hotel DOSM and hotel team to establish strategies
to increase revenue of both rooms and catering
- Contribute to the financial success of the hotel via
participation in annual budgeting and sales and marketing plan
process
- Generate and distribute daily, weekly, and monthly revenue
management reports and present results from all segments including
internet channels
- Maintain historical statistical data from all distribution
channels, in all market segments
- Continually monitor all pertinent travel related websites to
ensure competitiveness in both availability and price
- Comply with attendance rules and be available to work on a
regular basis.
- Perform any other job related duties as assigned.
Keywords: Kimpton Goodland Fort Lauderdale Beach, Fort Lauderdale , Revenue Manager, Executive , Fort Lauderdale, Florida
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