Position: Reservations and Revenue Manager

Department: Reservations

1. Revenue Management:

• Develop and implement dynamic pricing strategies to maximize room revenue and occupancy.
• Make real-time decisions on pricing adjustments and inventory control.
• Conduct revenue forecasting and budget planning to achieve financial targets.
• Analyze daily, weekly, and monthly revenue reports to identify growth opportunities.
• Ensure proper inventory management and allocation to maximize availability.
• Plan short-term and long-term revenue strategies based on performance data.

2. Reporting and Analysis:

• Prepare and present comprehensive revenue reports, including:
• Daily Pickup Report
• Occupancy and ADR (Average Daily Rate) Analysis
• Sales Performance Reports

3.    Morning Revenue and Occupancy Check:

• Review daily pick-up reports to analyze bookings received in the last 24 hours.
• Check current occupancy, ADR (Average Daily Rate), and RevPAR (Revenue Per Available Room).
• Compare actual performance with forecasts and targets.

4.    Rate and Inventory Management:

• Monitor and adjust room rates based on demand, competitor pricing, and market trends.
• Optimize room inventory across all distribution channels (OTAs, direct website, travel agents).
• Ensure rate parity across all platforms.

5.    Market and Competitor Analysis:

• Review competitors' pricing, promotions, and occupancy levels.
• Analyze market demand trends, including local events or holidays impacting bookings.
• Adjust pricing and promotional strategies accordingly.