VNM
24 hours ago
Revenue Specialist - New Hotels Opening - Vietnam
**Role Purpose** Work as part of IHG Revenue service team, supporting the fast-paced NHOP team as well as handling a portfolio of hotels directly. The PRS is helping to set the RM strategy, tools and systems for all properties under his/her scope. Manage the development, implementation and assessment of revenue-related strategies for hotels, encompassing all facets of pricing, demand analysis, yield management, market segmentation, business mix optimization, selling strategies and tactics in accordance with company policies and industry best practices. Assist leadership of regional teams and hotels by providing revenue management strategies and tactics to maximize revenue and profit streams. Drive the development, implementation and operation of both strategic and tactical programs designed to enhance revenue management services penetration and deliver significant competitive advantage for the Hotel. Incumbent will be responsible for the performance and business trend analysis, process evaluation, budgeting, field-level training, and deployment of Company resources to achieve strategic objectives **Key Accountabilities** Ensure successful completion of the NHOP Checklist tasks supporting the hotel and support centre teams with: • Systems – GRS, RMS, Finance System, OTAs, Costar and Business Analytics tools as required • Competitor set – Natural RGI analysis and Costar • Tools – Demand calendar, Inventory Workbook and NHOP Opening Tracker • Budget and Forecast –Stubb Year and Budget in segmentation by month • Pricing– NHOP opening offers, corporate, group and wholesale Besides Pre-opening task, the portfolio Revenue Specialist might also be led to : + Manage the revenue function across a portfolio of hotels, developing and managing short, medium, and long-term strategies for profitable revenue generation and capture as set out in each hotels Service Level Agreement + Be responsible for pro-actively and cost effectively maximizing hotel room revenues, RevPAR and system delivery to achieve superior performance in comparison to the competitive set as measured in RGI and *against budget growth targets + Develop strategy to achieve overall hotel revenue. + Analyze competitor and market pricing and trends to come with the right pricing strategy by segment and for each revenue stream + Perform ongoing system health-checks + Create and present forecast for all Revenue Streams + Prepare for and conduct Revenue meetings in line with the Revenue Management Cycle for all revenue streams to identify risks opportunities, potential revenue driving activities or strategic direction shifts + Actively participate Yearly budgeting for all revenue streams along with the hotel team + Participate in business reviews meetings with both corporate and owners + Analyse and report on EOM performance Qualifications – + Min 5 years’ experience in Revenue Management, ideally in all revenue streams + Revenue Management Tools and Systems (Ideas, Duetto, EzRMS, Concerto, or other RMS) Technical Skills and Knowledge : • Excellent communication and presentation skills • Ability to impact and influence remotely • Strong Excel Skills • System and Technology savvy At IHG Hotels & Resorts, we work together to deliver True Hospitality for Good on a global scale. With corporate offices and over 6,000 hotel destinations worldwide, a career at IHG is the perfect way to broaden your horizons. You’ll experience our unique culture and brilliant colleagues who will support and inspire you. With a host of corporate opportunities to choose from, wherever you are on your career journey, and whatever you want to achieve there’s Room for You at IHG. Over recent years, we’ve transformed our company. We have bold ambitions to drive performance and maintain our relentless focus on growth in order to be the hotel company of choice that guests & owners love. We are a hospitality business at our core and value connections and being together helps us foster a unique sense of belonging that also supports productivity. That’s why here at IHG, we give our colleagues flexibility and balance – working in a hybrid way, blending office and remote working collectively. We recognise that every role is different, that’s why leaders work with teams to determine how and when they collaborate. We provide a wide range of benefits designed to help you live your best work life. These include impressive room discounts across our many properties, recharge days and volunteering days throughout the year. Through our myWellbeing framework, we are committed to supporting wellbeing in your health, lifestyle, and workplace. We offer a unique and inclusive culture, where there is always Room for You to belong, grow and make a difference. Our mission is to welcome everyone and create inclusive teams where we celebrate difference and encourage colleagues to bring their whole selves to work. IHG Hotels & Resorts provides equal employment opportunities to applicants and employees without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other category protected by applicable laws. We promote a culture of trust, support, and acceptance. Always welcoming different backgrounds, experiences, and perspectives. Don't quite meet every single requirement, but still believe you'd be a great fit for the job? We'll never know unless you hit the 'Apply' button. Start your journey with us today. At IHG Hotels & Resorts, we are proud to be an equal opportunity employer. We firmly believe that all our colleagues deserve to be treated equally and have the same opportunities to develop and grow their skills within our business and provide equal employment opportunities to all applicants and colleagues without regard to an individual's, race, color, ethnicity, national origin, religion, sex, sexual orientation, gender identity or expression, age, disability, marital or familial status, veteran status or any other characteristic protected by law.
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