- Bachelor's Degree: A bachelor's degree in Hotel Management, Hospitality Management, Business Administration, or a related field is often preferred.
- Specialized Degrees: Bachelor's in Revenue Management or a Master's in Hotel Revenue Management.
- Certifications: Professional certifications related to revenue management, such as the Certified Revenue Management Executive (CRME) or Certified Revenue Management Professional (CRMP).
- Experience: In addition to formal education, practical experience in hotel management, revenue management, or a related field is often crucial.
- Analytical and Technical Skills: Academic qualifications should be complemented by strong analytical and technical skills. Proficiency in data analysis, understanding revenue management software, and the ability to make data-driven decisions.
- Communication and Leadership Skills: Strong communication and leadership skills are vital for a Hotel Director of Revenue.
- Continuing Education: Given the dynamic nature of the hospitality industry and technology advancements, a commitment to continuing education and staying updated on industry trends.
- Competitive Salary and Compensation: Rixos Marina Abu Dhabi may offer a competitive salary that reflects the industry standards for similar positions.
- Training and Development Opportunities: Access to training programs and development opportunities to enhance skills and advance within the company.
- Career Advancement: Opportunities for career growth and advancement within the Rixos Hotels group.
- Health and Wellness Benefits: Comprehensive health insurance coverage.
- Employee Recognition Programs: Recognition programs to acknowledge and reward outstanding performance and dedication.
- Work-Life Balance: Policies and practices that promote a healthy work-life balance, including flexible scheduling where possible.
- Uniforms and Dress Code: Provision of uniforms or dress code guidelines for a professional and cohesive appearance.
- Social Events and Activities: Participation in social events, team-building activities, and employee gatherings to foster a positive work culture.
- Transportation Services: Transportation services.
- Employee Wellness Programs: Wellness programs, such as fitness classes or gym access, to promote a healthy lifestyle.
Director of Revenue - Abu Dhabi, United Arab Emirates - ACCOR
Description
Job Description
Summary of General Duties
• The Director of Revenue is responsible for optimizing the hotel's and RGI (Revenue Generation Index – measuring the hotel's position as compared to the competition) sales revenue.
• Close interaction with the hotel's senior management.
• Takes part in determining budget and strategy & is accountable for its implementation.
• He is responsible for pricing strategy and for optimizing inventory.
• Must provide a global perspective on Revenue Management to the whole hotel.
• Organization and monitoring of all affairs concerned to the position.
• Proper grooming at all times
• Attend training classes as per schedule
• Show fullest cooperation and respect within the team and other departments
• Is aware of the daily activities and has product knowledge of all the hotel facilities
Duties & Responsibilities
• Supports the budgetary process and the yearly strategy.
• Devises the yearly budget per segment, per day
• Determines sales strategy
• Determines yearly rate tables for all market segments
• Develops and steers the hotel's Revenue strategy.
• Prepares forecasts and chairs the Revenue meeting
• Determines and implements pricing strategies and circulates the recommendations
• Nurtures relations with internet partners
• Updates rates and restrictions throughout all distribution channels
• Collects, integrates and studies market and competition data on a daily basis
• Produces benchmarking, GDS performance and other reports.
• Maintains work systems and tools.
• Maintain the revenue reporting system and analyze reservation patterns.
• Staying up to date on any software or data management trends.
• Be totally familiar with hotel products, rates, and promotions at all times.
Maintain up to date understanding of company products and rates and involvement in cross selling of these when required.
• Be aware of the strengths and weaknesses of all competing hotel and restaurant products and provide weekly regular updates after visiting competition hotels allocated for tracking purposes.
• Provide ongoing market intelligence by monitoring business sources and segments.
• Penetrate and saturate prospective and existing customer organizations for effective multi department selling.
• Assist the Director of Sales and Di and in pursuing new market segments to secure sales and prepare proposals for consideration.
• Positive communication of the hotel image to existing and potential customer at all times.
• Ensure that revenues and / or cost controls are maximized through proactive actions rather than reactive management.
• Report on trends in the industry and local markets.
• Attends the hotel's revenue meetings as scheduled.
General/ Miscellaneous
• To be punctual on duty.
• Be well groomed to the standards laid down. Insist on the same standard for your employees.
• To comply with all hotel rules and regulations as outlined in the handbook and to be aware of company disciplinary and grievance procedures.
• Maintains a monthly overview of vacation- and public holiday balance of all his/her staff and delivers a monthly consolidated summary to the Director of HR.
• To create an environment which promotes employee morale and encourages the team to have pride in their department with a high level of commitment.
• To promote a helpful and professional image to the customer and give full cooperation to any customer requiring assistance with the prompt, caring and helpful attitude.
• To anticipate the needs of the customer whenever possible, to enhance quality service and in turn enhance customer satisfaction.
• To give full co-operation to any colleague requiring assistance in a prompt caring and helpful manner. To be flexible in assisting in other areas of the Hotel in response to the business and customer needs
• Is familiar with all related company documentation and especially with the relevant Operational Standards for his/her field of responsibility.
• Other duties as assigned.
Qualifications
Additional Information