The role of a Revenue Growth Specialist involves devising strategies to maximise revenue through effective pricing, demand forecasting, and market analysis.
Key Responsibilities
* Develop and implement price optimisation strategies for hotel room types and related services.
* Collaborate with sales and marketing teams to create promotional packages that drive occupancy and average daily rate (ADR).
* Forecast demand and revenue patterns to inform budget setting, target establishment, and financial goal achievement.
* Analyse historical data, booking trends, and market performance to guide pricing decisions.
Requirements
* 2-5 years of experience in revenue management or similar roles in the hospitality industry.
* Strong analytical skills and problem-solving abilities.
* Proficiency in revenue management systems such as Delphi, STR, or RMS.