Revenue Manager

IFA Hotels & Resorts
Department Icon Data Science Analytics & Machine Learning
149+ Applicants
Posted: 1 month ago
3-7 years
Gurugram, Haryana
work from office
Posted: 1 month ago
|
Applicants: 149+
Job Description
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Job Description

  • Revenue Strategy & Pricing
  • Develop and implement dynamic pricing strategies to maximize RevPAR (Revenue per Available Room).
  • Manage room inventory, rate plans, and restrictions across all distribution channels.
  • Analyze historical data and market trends to optimize room pricing.
  • Ensure alignment with IHGs revenue management guidelines and systems.
  • Forecasting & Reporting
  • Prepare daily, weekly, and monthly revenue forecasts.
  • Monitor key metrics such as:
    • Occupancy
    • ADR (Average Daily Rate)
    • RevPAR
    • Market share
  • Provide revenue analysis reports to hotel leadership.
  • Distribution Channel Management
  • Manage hotel presence on:
    • IHG direct booking platforms
    • OTAs
    • GDS systems
  • Optimize inventory allocation across channels to maximize profitability.
    • Free Workshop
  • Market & Competitor Analysis
  • Monitor competitor pricing and promotions.
  • Analyze market demand and local events affecting occupancy.
  • Conduct regular competitive set (CompSet) analysis.
  • Collaboration with Commercial Team
  • Work closely with:
    • Sales team
    • Marketing team
    • Front office
    • Reservations
  • Participate in weekly revenue strategy meetings.
  • System & Tools Management
Use revenue management systems such as:
  • IHG proprietary revenue tools
  • Channel managers
  • Property Management Systems (PMS)
  • Market intelligence tools (e.g., STR reports)
Required Qualifications

  • Looking to get Placed? Try our Placement Guarantee Plan

    Bachelors degree in Hospitality Management, Business Administration, Finance, or related field.
  • 35+ years experience in hotel revenue management or reservations management.
  • Experience with hotel PMS and revenue management systems.
  • Strong analytical and forecasting skills.
  • Advanced Excel and data analysis capabilities.
Key Skills
  • Revenue optimization
  • Pricing strategy
  • Data analytics
  • Forecasting
  • Market intelligence
  • Communication and leadership
  • Decision-making
Key Performance Indicators (KPIs)
  • RevPAR growth
  • ADR growth
  • Occupancy percentage
  • Market share index (RGI)
  • Forecast accuracy
Dont quite meet every single requirement, but still believe youd be a great fit for the job Well never know unless you hit the Apply button. Start your journey with us today.

Skills

Data AnalyticsData AnalysisAnalytics

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Important dates & deadlines?

Application Deadline

19 Jul 26, 01:37 PM IST

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Revenue Manager

IFA Hotels & Resorts

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