Revenue Executive

2 weeks ago

Penang, Malaysia Moxy International Sdn Bhd Full time

Job Responsibilities & Duties
- Oversee revenue management and distribution strategy of the hotel and manage day-to-day yield operations.
- Daily pick-up analysis, strategy adjustments and reporting.
- Perform competitive benchmark studies and follow market trends.
- Create and maintain a 13-month rolling demand calendar.
- Create and develop pricing strategies in conjunction with the individuality of each hotel.
- Provide a weekly dynamic forecast of expected results, variances and budget comparisons.
- Manage and oversee strategy for all hotels
- Responsible for assessing, analysing and pricing group business strategies
- Analyze overall monthly hotel performance and provide a summary report with recommendations to improve long-term strategies.
- Ensure all related systems are configured correctly, validated and working to full capacity
- Oversee and audit the standards and operations of the reservations.
- Ensure web site booking process is maintained up-to-date and functional.
- Ensure hotel personnel is fully competent in the use of all systems
- Work in liaison with operations sales as a team.
- Regularly check the input and the quality of data (segmentation, denials tracking, etc )points.
- Conduct quarterly property performance reviews and develop strategic and tactical action
- Responsible for best practice standards to include: competitor analysis; environmental scanning; market modelling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concepts
- Evaluate the performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc ).
- Reduce the cost of distribution by finding new less expensive means of delivering business
- Prepare an outline for and support the annual revenue budget process.
- Inspire Hotel’s HODs to further embed a revenue management culture.
- Visit the hotels to get first-hand knowledge of all revenue management issues and other key areas.
- Any other reasonable requests made by management.
Our core value is to provide outstanding lodging facilities and services to our guests. And focuses on individual, families, business, and leisure travel, as well as travel associated with group events. With our Refurbish, Restore & Rebrand vision, we can innovate in the hospitality industry. Revenue management and e-marketing are our strength for stimulating the industry.
SPM / O Level / SKM Level 1 / SKM Level 2 / SKM Level 3 or Equivalent

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