2 Hotel Management jobs in the United Kingdom
Head of Hotel Revenue Management
Posted 1 day ago
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Head of Revenue Management - Boutique Hotel Group
Posted 1 day ago
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Job Description
Responsibilities:
- Develop and implement comprehensive revenue management strategies to optimize occupancy, average daily rate (ADR), and overall revenue for the hotel group.
- Conduct in-depth market analysis, competitor benchmarking, and demand forecasting.
- Set and manage optimal pricing and inventory controls across all distribution channels (OTA, direct bookings, GDS).
- Oversee the implementation and utilization of the Property Management System (PMS) and Revenue Management System (RMS).
- Analyze performance data, identify trends, and provide actionable insights and recommendations to senior management and hotel teams.
- Collaborate with Sales, Marketing, and Operations departments to align revenue strategies with business objectives.
- Develop and manage the annual revenue budget for the group.
- Train and mentor hotel-level Revenue Managers and other relevant staff.
- Stay current with industry trends, new technologies, and best practices in revenue management and hospitality.
- Prepare regular performance reports and presentations for executive leadership.
- Minimum of 7 years of progressive experience in revenue management, with a significant portion within the hospitality industry, preferably in a multi-property or group setting.
- Demonstrated success in developing and executing revenue management strategies that have led to measurable improvements in RevPAR and profitability.
- Strong analytical and quantitative skills, with proficiency in Excel and experience with RMS/PMS systems (e.g., Opera, IDeaS, Duetto).
- Excellent understanding of distribution channels, online travel agencies (OTAs), and yield management principles.
- Proven leadership and team management experience.
- Exceptional communication, presentation, and interpersonal skills.
- Ability to think strategically and operate effectively in a fast-paced, dynamic environment.
- Bachelor's degree in Hospitality Management, Business Administration, Economics, or a related field. Master's degree or relevant professional certification is a plus.
- Proactive approach to identifying opportunities and challenges.
- Familiarity with luxury or boutique hotel market segments is advantageous.
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