Revenue Manager

We are seeking a detail-oriented and analytical Revenue Manager to join our team in Novotel Visakhapatnam Varun Beach,The Bheemili Resort - Managed by Accor & Novotel Vijayawada Varun. As a Revenue Manager, you will play a crucial role in maximizing our organization's revenue and profitability through effective pricing strategies and data-driven decision-making.

• Develop and implement revenue management strategies to optimize pricing and inventory allocation
• Analyze market trends, competitor pricing, and demand patterns to make informed decisions
• Utilize revenue management systems and data analysis tools to forecast demand and identify revenue opportunities
• Collaborate with sales, marketing, and operations teams to align revenue strategies across departments
• Generate regular reports and presentations on revenue performance, key metrics, and market insights
• Monitor and analyze the effectiveness of pricing strategies and make adjustments as needed
• Identify and implement process improvements to enhance revenue management efficiency
• Stay up-to-date with industry trends and best practices in revenue management
• Provide training and guidance to team members on revenue management principles and techniques
• Participate in budget planning and forecasting processes

• 3-5 years of experience in revenue management or related field
• Proficiency in revenue management systems and data analysis tools
• Advanced skills in Microsoft Office Suite, particularly Excel and PowerPoint
• Strong analytical and problem-solving skills with attention to detail
• Excellent financial modeling and forecasting abilities
• In-depth understanding of pricing strategies and yield management techniques
• Knowledge of market trends and competitive landscape in the industry
• Outstanding communication and interpersonal skills
• Ability to work efficiently under pressure and meet deadlines
• Strategic thinking and decision-making capabilities
• Experience in the hospitality or travel industry is preferred
• Revenue Management certification is a plus
• Demonstrated ability to work collaboratively in a team environment
• Goal-oriented mindset with a focus on achieving revenue targets