Revenue Manager

Job title: Revenue Manager

Company: Hopewell Hotel (Wanchai) Management Limited


Job description: About Hopewell Hotel
Surrounded by the enchanting hillside greenery and facing the stunning view of Victoria Harbour, Hopewell Hotel will be one of the largest 5-star hotels in Hong Kong when it welcomes guests in 2024.Home to the largest park in Wan Chai, this new hotel will provide 1,000 guestrooms to fit the needs of all travellers, over 6,500 sq. m. of column-free meetings and convention spaces, various dining and recreational facilities, and more than 400 parking spaces with Wan Chai’s largest lifestyle mall, Hopewell Mall.If you are looking for a fun and rewarding career opportunity, we now invite you to join us as one of our pre-opening team members.Responsibilities:

• Develop and implement comprehensive revenue management strategies to maximize hotel revenue and profitability
• Analyze market trends, competitor performance, and demand patterns to identify opportunities and adjust pricing and inventory strategies accordingly
• Set and manage room rates and pricing strategies in line with market demand, hotel occupancy, and revenue goals
• Monitor and analyze pricing trends, competitive positioning, and market dynamics to make timely rate adjustments
• Utilize data analysis, historical patterns, and market insights to forecast demand and manage room inventory effectively
• Optimize room availability, restrictions, and allocation to maximize revenue potential
• Analyze and evaluate hotel revenue performance regularly, including revenue per available room (RevPAR), occupancy, ADR, and market share
• Prepare comprehensive reports and provide insights to the management team, highlight areas for improvement and revenue growth opportunities
• Conduct regular competitive analysis to stay informed about market trends, pricing strategies, and industry developments; identify opportunities and suggest strategies to maintain a competitive edge in the market
• Utilize revenue management software and tools effectively to gather data, generate reports, and make informed decisions
• Stay updated with industry best practices and advancements in revenue management technology
• Perform any ad hoc duties as assigned

Requirements:

• Bachelor’s degree in Hospitality Management, Business Administration, or a related field
• Proven 5-8 years of experience as a Revenue Manager or similar role in the hotel industry
• In-depth knowledge of revenue management principles, techniques, and strategies
• Proficiency in revenue management systems and tools (e.g., RMS, PMS, CRS)
• Strong analytical and numerical skills with the ability to interpret data and make data-driven decisions
• Excellent understanding of market dynamics, pricing trends, and competitive landscape
• Strong communication and interpersonal skills to collaborate with cross-functional teams
• Detail-oriented with the ability to manage multiple tasks and meet deadlines
• Strong leadership qualities and the ability to drive revenue performance
• Advanced Excel and spreadsheet skills
• Less experience will be considered as Assistant Revenue Manager

Benefits:

• 5-Day Work Week
• Birthday Leave
• Group Medical Insurance
• Free Duty Meal
• Yearly Discretionary Bonus
• Employee Assistance Program
• Good Career Progression and Development

Join Our TeamSurrounded by the enchanting hillside greenery and facing the stunning view of Victoria Harbour, Hopewell Hotel will be one of the largest 5-star hotels in Hong Kong when it welcomes guests in 2024.Home to the largest park in Wan Chai, this new hotel will provide 1,000 guestrooms to fit the needs of all travellers, over 6,500 sq. m. of column-free meetings and convention spaces, various dining and recreational facilities, and more than 400 parking spaces with Wan Chai’s largest lifestyle mall, Hopewell Mall.If you are looking for a fun and rewarding career opportunity, we now invite you to join us as one of our pre-opening team members.With a large number of applications received, only shortlisted candidates will be contacted for an interview.Personal data collected will be treated in strict confidence and used for recruitment purposes only.

Expected salary:

Location: Wan Chai, Hong Kong

Job date: Thu, 07 Nov 2024 08:40:56 GMT

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