Revenue Manager

Located adjacent to the residential tower, expert service and world-class luxury combine in the Raffles Hotel Jeddah, which is ready to welcome you and your guests at any moment. Here, the high standards, special touches, and trademark elegance of the Raffles brand are the ultimate compliment to the charm and beauty of a stay in Jeddah.

We are seeking a highly skilled Revenue Manager to maximize our organization's revenue and profitability through strategic pricing and inventory management in Jeddah, Saudi Arabia. Key responsibilities include:

• Develop and implement revenue management strategies to optimize pricing and inventory across all channels
• Analyze market trends, competitor pricing, and demand patterns to make data-driven decisions and forecast demand
• Collaborate with sales, marketing, and operations teams to align revenue management goals
• Monitor key performance indicators (KPIs) and generate reports on revenue performance for senior management
• Manage and optimize distribution channels to ensure maximum visibility and profitability
• Stay current with industry trends and best practices in revenue management

The successful candidate must possess the following qualifications:

• A Bachelor's degree in Business Administration, Finance, Economics, or a related field is mandatory; a Master's degree is strongly preferred.
• A minimum of 5 years of extensive experience in revenue management, with a strong preference for expertise in the hospitality or travel industry.
• Demonstrated proficiency in revenue management systems, advanced data analysis tools, and complex financial modeling.
• Exceptional analytical capabilities, with a proven track record of interpreting intricate data sets and making strategic, high-impact decisions.
• Comprehensive knowledge of sophisticated pricing strategies, advanced forecasting techniques, and in-depth market analysis.
• Superior communication skills and the ability to perform effectively under high-pressure situations.
• CRME certification is highly desirable.
• Substantial, verifiable experience in yield management and implementation of dynamic pricing strategies.
• Advanced proficiency in Microsoft Excel and PowerPoint; expertise in business intelligence tools such as Tableau or Power BI is a significant advantage.
• In-depth understanding of distribution channels and online travel agencies (OTAs).
• Demonstrated ability to manage multiple complex projects concurrently and consistently meet critical deadlines.
• Strong leadership acumen with a proven history of mentoring and developing high-performing team members.
• Exceptional problem-solving skills coupled with the ability to think innovatively to overcome complex challenges.
• Fluency in English is essential; proficiency in Arabic or other languages is a valuable asset.
• Willingness and ability to work non-standard hours, including weekends and holidays, as dictated by business needs.

These qualifications are crucial for the role and will be rigorously assessed during the selection process.

• Being a Raffles employee means embodying and conveying the brand and the company mindset through our Heartiest service culture.