Profit Maximization Specialist

2 weeks ago

Melbourne, Victoria, Australia beBeeProfit Full time $100,000 - $150,000

Job Title: Profit Maximization Specialist

About the Role

We are seeking a skilled and experienced Revenue Manager to join our team. The successful candidate will be responsible for developing and implementing revenue strategies that maximize profits across all departments.

Key Responsibilities
  • Manage daily pricing and inventory using yield management systems and central reservations systems.
  • Analyze historical data and current bookings to determine demand periods for function space, rooms, and catering.
  • Develop and implement sell strategies for group proposals above 9 rooms per night in collaboration with the Director of Sales or Director of Catering.
  • Maintain rate parity on all online channels and manage third-party distributors in compliance with company standards.
  • Conduct monthly revenue management audits with the Regional Director of Revenue for all revenue-generating departments.
  • Provide technical support to Reservations and Front Office staff on up-selling and negotiating techniques.
  • Champion special projects related to market research and operational optimization, including resource planning, costing, and Key Performance Indicators (KPIs).
Required Skills and Qualifications
  • Bachelor's degree in Hospitality Management, Business Administration, or related field.
  • Minimum 3 years of experience in revenue management, preferably in a hotel or hospitality setting.
  • Proficient in yield management systems, central reservations systems, and property management systems.
  • Strong analytical and problem-solving skills, with the ability to interpret complex data and make informed decisions.
  • Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams.
Benefits
  • Competitive salary and benefits package.
  • Ongoing training and professional development opportunities.
  • A dynamic and supportive work environment.
Others

This is an exciting opportunity to join a dynamic and forward-thinking organization. If you are a motivated and results-driven individual with a passion for revenue management, we encourage you to apply.

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