Position Overview:
A Revenue Executive is responsible for optimizing revenue through strategic pricing, inventory management and market analysis. This role involves collaborating with various departments to implement effective revenue management strategies, ensuring the hotel's profitability and competitiveness in the market.
Key Responsibilities:
- Assist the Director of Revenue in maintaining of on-line inventories, recognizing and analyse market trends.
- Monitor and analyse competitors' rates, demand trends, and market conditions to adjust pricing and inventory strategies accordingly.
- Manage room inventory across various distribution channels.
- Assist in forecasting future revenue and occupancy trends based on historical data and market insights.
- Collect and analyse data from Property Management Systems (PMS) and other relevant sources to monitor revenue performance.
- Prepare daily, weekly, and monthly reports detailing revenue performance, occupancy rates, and other key metrics.
- Identify opportunities for revenue growth by monitoring key performance indicators (KPIs) such as RevPAR, ADR, and occupancy levels.
- Provide actionable insights and recommendations to management based on data analysis.
- Maintain and update revenue management systems to ensure data accuracy and consistency across all channels.
- Assist in the implementation and management of new revenue management tools and technologies.
- Address any issues related to revenue management systems promptly to avoid disruptions in revenue operations.
- Work closely with Sales, Marketing, and Front Office teams to ensure revenue strategies are effectively implemented.
- Assisting the Reservations team to ensure all data is accurately keyed into the system, including bookings, guest details, and special requests.
Qualifications:
- Diploma in Business Administration, Finance, Economics, Hotel Management or a related field.
- Minimum of 1-year of experience in revenue management or a similar analytical role within the hospitality industry. Fresh Graduates are welcome.
- Proficiency in Microsoft Excel; knowledge of working with PMS, Channel Manager and RMS is advantageous.
- Strong analytical skills with the ability to interpret complex data and make informed decisions.
- Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
- Detail-oriented with strong organizational and time-management abilities.
What We Offer:
- Meal Allowance
- Free Parking
- Staff Discount
- GPA, Medical, etc..
- Opportunities for career growth
- A friendly and professional work environment
Job Types: Full-time, Permanent, Fresh graduate
Pay: RM3,000.00 - RM3,900.00 per month
Benefits:
- Free parking
- Maternity leave
- Meal allowance
- Parental leave
- Professional development
Application Question(s):
- What is your expected salary?
Experience:
- Revenue: 1 year (Preferred)
Work Location: In person