Portfolio Revenue Manager

16 hours ago

Varsity Lakes Queensland Australia Ultiqa Group Full time $80,000 - $120,000 per year

Contract: Maternity Cover – 8 Months – Starting January

Position Summary

The core purpose of the Revenue Manager is to drive increased revenue to all resorts under management. Complete responsibility for all things revenue, including rates to all channels/websites, Revenue Budgeting, Inventory Management & Distribution, Revenue Reporting and Performance Communication, etc. with a focus on continuous development and improvement initiatives in revenue performance.

Responsibilities


• Checking and tracking that all tasks are completed in a timely manner and are correct and consistent.


• Development, implementation, and review of cancellation and deposit policies for all properties under management.


• Weekly reporting for current business on the books, pickup and wash, and trend recognition.


• Daily revenue management activities, including analysing, updating, and controlling distribution of rates based on available inventory, competitor offerings, and demand trends to maximise revenue for all properties under management.


• Daily Analysis of bookings that have been made the night before to ensure they follow our current strategy's.


• Weekly reporting for current business on the books as well as analysis of performance against budget and previous year's performance.


• Timely analysis of group booking enquiries and provision of rates.


• Draft, maintain and implement all the relevant policies and procedures, including standard operating procedures to improve business operations.


• Promote and ensure the effective implementation of new initiatives / products / services.


• Annual assistance in budget setting for all properties under management.


• Ensure commercial management techniques are in place and up to date for all revenue streams and all properties under management to maximise revenues.


• Responsibility for ensuring up to date benchmarking and market share information is available and communicated each month.


• Overall responsibility for configuration and housekeeping of all systems used in Revenue Management, ensuring rate parity and timely rate reviews to maximise revenue.


• Monitoring competitor strategies, performance, and offerings through systems and research to ensure our own strategies are adjusted accordingly.


• Ensuring the month end reporting is accurate, and all relevant figures and commentary are submitted by deadline dates.


• Other duties as required

Qualifications and Competencies


• 2 Years experience in a similar role ideally in the Hospitality Industry.


• Proven Experience in developing and implementing revenue improvements and strategies.


• Understanding of OH&S framework, practices, and principles.


• Advanced MS Word, MS Excel, and E-mail skills.


• Results orientated.


• Excellent communication, presentation, and interpersonal skills.


• Strong planning and organisational skills.


• Sound financial skills.


• Creative thinking, problem solving, and decision making.


• Commitment to learning and growth.


• Experience in PMS and Channel management systems.


• Relationship Building

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