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Not stated
Work mode
On-site
Experience
Some experience
About the role
This role drives revenue strategy for hotel rooms and event space at JW Marriott Hotel Singapore South Beach. You will analyse demand, profit and inventory data, and work closely with sales, reservations and operations teams. It suits an experienced revenue management professional who enjoys forecasting, pricing and reporting.
Implement sales strategies for rooms and catering across the reservation and inventory systems
Analyse revenue, profit and demand for rooms and function space
Prepare forecasts, budgets and weekly and daily projections on time
Review how effective sales strategies are and prepare historical and future analysis of revenue and profit opportunities
Oversee the inventory management system to confirm agreed selling strategies are appropriate
Maintain transient rooms inventory and maximise transient revenue
Release group rooms back into general inventory and keep clean booking windows by coordinating with sales, reservations and operations
Build rates, packages and sales strategy information in the revenue management systems
Manage room and function space authorisations, rates and restrictions
Maintain rational pricing strategies for rooms and function space
Ensure pricing compliance and participation in company promotions
Ensure the hotel follows brand strategies and standards to maintain or increase RevPAR
Promote and protect brand equity
Compile information and monitor actual sales against projected sales
Create long-range forecasts for rooms and catering by segment and update them monthly
Create weekly forecasts for property operations and staffing
Use month-end and system data to identify trends, future needs and obstacles
Keep reservation system information accurate
Assist with account diagnostics
Prepare revenue and profit opportunity analysis
Manage revenue, profit and demand data for rooms and function space
Use analytical tools and systems to maximise revenue and profit
Break down information or data to identify underlying principles, reasons or facts
Use computer systems to enter data, set up functions and process information
Produce accurate and timely reports and presentations
Build and maintain constructive working relationships
Update executives, peers and subordinates on relevant information in a timely manner
Good to know
Full-time position
Based at JW Marriott Hotel Singapore South Beach, 30 Beach Road, access via Nicoll Highway
Requirements
Degree or diploma in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management or a related major, or 3 years of experience in revenue management, sales and marketing or a related professional area
Knowledge of job-relevant issues, products, systems and processes
Able to use computers and computer systems for data entry, programming, software and processing information
Apply on the company website
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