Revenue Director

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IHG Hotels & Resorts

Ras Al Khaimah

AED 200,000 - 400,000

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Today

Job description

Communicates the processes to follow in terms of booking quality and correct data input into the PMS, towards the reservation and front office team
Drive Market Share and Revenue Performance through proper pricing and mix management.
Develop overall pricing strategy to include all market segments and distribution channels
Provide guidance on corporate transient negotiated pricing, group pricing for each group, and wholesale pricing
Ensure effective pricing strategies are in place to reflect asset strength relative to the competition in each market
Effectively manage and be in control of all inventory (transient, group, wholesale allotments and other) and pricing strategy in all distribution channels including branded web, 3rd party sites, TARS, and the GDS
Provides relevant information and recommendations to the Director of Sales and General Manager in the decision-making process of promotion participation, offline contracts and pricing thereof
Closely monitor competitive pricing and understand the impact of relative pricing decisions on property performance
Produce all relevant components of the Budget pertaining to Revenue Management
Validate comp set RevPAR forecast by month to ensure effective soft spot calendar planning