Cluster Revenue Manager

The Cluster Revenue Manager will be responsible for maximizing revenue and profitability for a group of hotels or properties within a designated region or cluster. This role requires a strong understanding of revenue management principles and practices, as well as the ability to analyze and interpret data to make strategic pricing decisions. The Cluster Revenue Manager will work closely with hotel management, sales teams, and distribution partners to develop pricing strategies, manage inventory, and optimize revenue streams. Key responsibilities include conducting competitive analysis, forecasting demand, setting room rates, and monitoring revenue performance. The ideal candidate should have a strong analytical mindset, excellent communication skills, and a passion for driving revenue growth.

Responsibilities

• Develop and implement pricing and revenue management strategies for the cluster of hotels or properties.
• Conduct competitive analysis to understand market dynamics and adjust pricing strategies accordingly.
• Forecast demand and set room rates to maximize revenue and occupancy.
• Monitor and analyze revenue performance and make recommendations for improvement.
• Collaborate with sales teams to develop promotional offers and packages.
• Manage and optimize distribution channels to maximize revenue.
• Conduct regular revenue meetings with hotel management to review performance and discuss strategies.
• Stay up-to-date with industry trends and best practices in revenue management.