Assistant/Revenue Manager (Hotel Rates)

Key Responsibilities

Revenue Management & Yield Strategy

· Monitor daily occupancy, ADR, RevPAR, booking pace, and pickup trends.

· Recommend pricing and inventory strategies to optimize revenue performance.

· Implement revenue controls including length-of-stay restrictions, room type management, and demand-based pricing.

· Monitor future demand periods and identify opportunities to maximize revenue.

· Support the execution of approved revenue management strategies.

Forecasting & Budgeting

· Prepare daily, weekly, monthly, and annual revenue forecasts.

· Monitor forecast accuracy and recommend adjustments based on market conditions.

· Assist in the preparation of annual budgets and business plans.

· Analyse booking trends, wash factors, cancellations, and market demand patterns.

· Provide revenue insights and recommendations to management.

Market Intelligence & Competitive Analysis

· Conduct regular competitor benchmarking and rate shopping exercises.

· Monitor market trends, citywide events, and demand generators.

· Analyse market performance and identify revenue opportunities.

· Track competitor pricing, occupancy patterns, and promotional activities.

· Prepare market intelligence reports and recommendations.

Inventory Management

· Manage room inventory and availability in accordance with approved revenue strategies.

· Ensure room allocations, restrictions, and inventory controls are maintained accurately.

· Work closely with Reservations and Front Office teams to optimize room utilization.

· Identify opportunities to improve room mix performance and inventory efficiency.

Commercial & Pricing Support

· Support pricing decisions for corporate, wholesale, long-stay, and group business opportunities.

· Conduct profitability analysis for special projects and business opportunities.

· Participate in weekly revenue and commercial meetings.

· Provide analytical support for commercial decision-making.

Reporting & Systems

· Generate and distribute daily, weekly, and monthly revenue reports.

· Maintain revenue dashboards and performance tracking tools.

· Ensure the integrity and accuracy of revenue data.

· Support the administration of Opera Cloud, RMS, and related hotel systems.

· Identify opportunities to improve reporting efficiency and revenue processes.

Qualifications & Experience

Education

· Diploma or Degree in Hospitality Management, Business Administration, Finance, Economics, or a related discipline.

Requirements

· Minimum 2 years of experience in Revenue Management, Revenue Analysis, Reservations, or a related hospitality discipline.

· Experience within an international hotel brand environment is an advantage.

· Pre-opening hotel experience will be an added advantage.

Skills & Competencies

· Strong analytical and numerical skills.

· Advanced proficiency in Microsoft Excel.

· Good understanding of hotel performance metrics including ADR, Occupancy, RevPAR, MPI, and RGI.

· Strong forecasting and reporting capabilities.

· High attention to detail and accuracy.

· Good communication and presentation skills.

· Ability to interpret data and provide practical business recommendations.

· Strong organisational and time management skills.