Revenue Manager - 3431441

Jumeirah International LLC
  • Revenue Manager Jobs in Dubai - 3431441

    Jumeirah International LLC
  • 3 - 6 Years
  • Dubai (Dubai)
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3431441

Job Description

Revenue Manager (Pre-Opening) - Jumeirah Living Marina Gate - ( 200000HZ )

Description

About Jumeirah

At Jumeirah we are committed to encouraging and developing our colleagues, in a world class environment We value diversity and equal opportunity, employing over 14,000 colleagues from over 140 different countries including locations in Asia Pacific, CIS, Central Asia, Western and Eastern Europe, Africa and the Middle East

Jumeirah Living Marina Gate is located along the water front of Dubai Marina, adjacent to the Cayan Tower and the Marriott Harbour Hotel and Suites overlooking the Marina Walk which includes a number of restaurants and cafes The site is approximately 40 minutes away from the Dubai international Airport and 20 minutes from the Dubai World Central Airport The overall development will include serviced and branded residences, gym facilities, as well as a residents lounge area

About the role

An exciting opportunity has arisen for a highly talented and experienced Hospitality professional to join the Preopening team at Jumeirah Living Marina Gate The main purpose of this position is to manage revenue management efforts at the SBU level and oversee the implementation of effective inventory, pricing and product enhancement plans based on demand forecasts, future trends and historical data, in order to contribute to revenue and profit maximization

Your key responsibilities will include

Contribute to the formulation and manage the implementation of inventory and pricing plans, based on sound commercial analysis and in line with the corporate revenue management strategy, in order to ensure the effective achievement of the SBUs revenue management targets

Manage market research efforts related to the SBUs competition and guest preferences as well as economic variables affecting supply and demand or price elasticity, in order to support the development of accurate operational and financial room revenue forecasts

Manage the optimization of the SBUs product and services offerings (rooms, spa, catering, packages etc) and recommend adjustments to product offers and rates to cater for holidays, seasonality etc in order to maximize revenue and profitability throughout the year

Monitor and report the SBUs key revenue performance metrics (occupancy levels, RevPAR, etc), in order provide visibility on its financial performance and to recommend corrective action when required

Manage the in-depth analysis of SBU financial performance in order to maximize revenue for the property and contribute to the ongoing growth of RevPAR market share

Support the SBUs evaluation of opportunities for contracted business (group, wholesale, corporate negotiated, etc), in collaboration with the Sales & Marketing department, in order to ensure that all deals are scrutinized for strategic intent and expected profitability

Collaborate with the Sales and Marketing Department to facilitate the interpretation of revenue management decisions and provide guidance to ensure that the go-to-market approach remains aligned with revenue management priorities

Manage the implementation of system functions and corresponding interfaces related to the generation of rooms revenue (PMS, CRS, RMS, Sales and Catering system), and ensure that these systems are leveraged to their full capacity in order to enhance their return on investment

Remain abreast of the emerging hospitality trends in terms of guest behaviour, preference and manage the regular benchmarking of local product offerings, pricing and ROI in order to ensure that the SBU continuously innovates and maintains its competitive advantage while improving profitability

Manage the day-to-day operations of the Revenue Management department providing guidance, encouraging teamwork and facilitating related professional work processes in order to achieve high performance standards and liaise with internal and external parties at the appropriate levels to ensure smooth flow of operations

Take ownership of and chair the Revenue Meeting and define optimum pricing strategies based on evolving demand patterns and forecasted market mix

Motivate subordinates and contribute to the identification of opportunities for participating in change initiatives, programmes and projects taking into account best practices, improvement of processes and productivity improvement

Qualifications

About You

In order to be considered for this role, you must possess the following selection criteria

At least 3 years of revenue management management experience, preferably with an international hospitality company
Strong property and revenue maximization experience

Bachelors Degree in Finance, Business or equivalent from an accredited and renowned University

Good knowledge of commercial, consumer and product development trends and revenue generation channels

Strong understanding of core hotel operations

Good innovation and creativity skills as well as demand forecasting, pricing, and profitability optimization skills

Profile Summary

Type:Company Job

Role:Food & Beverage

Industry:Hotel/Travel/Tourism/Airlines/Hospitality

Salary:As per Industry Standards

Function:Hotel/Restaurant

Deadline:13th Feb 2025

Company Profile

Company:Jumeirah International LLC
Website http://www.jumeirah.com/en/Hotels-and-Resorts/
Industry Hospitality & Tourism (Hotels/ Resorts)
Company Turnover 100 - 500 Crores
Company Size 1001 - 5000 Employees



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