Job Description For Revenue Manager
FAIRMONT
Company Description
Discover the essence of Maui at Fairmont Kea Lani, Hawai'i's only all-suite and villa luxury resort. Set on the golden sands of pristine Polo Beach in Wailea, Fairmont Kea Lani is Hawai'i's only all-suite and villa luxury resort.
From full-moon staff hikes and beach clean-ups to appreciation luncheons and birthday holidays, our team provides endless opportunities to learn and grow in both your personal and professional development. Live and work in a place you love!
What is in it for you:
- Comprehensive benefits package (Medical, Vision and Dental) including extended benefits like; Basic insurance, TDI and Long-Term Disability for regular Full-time and Part-time employees
- 401(k)
- One complimentary duty meal for all employees that work more than 6 hours per shift
- Food & Beverage discount at Fairmont Kea Lani (venue specific and discount may vary)
- Wellness Offerings
- Employee benefit card offering discounted rates in Accor worldwide
- Learning programs through our Academies
- Opportunity to develop your talent and grow within your property and across the world!
- Ability to make a difference through our Corporate Social Responsibility activities
Job Description
As the Revenue Manager, you will be responsible for developing and implementing revenue strategies to maximize the profitability of the hotel. You will work closely with the sales, marketing, and reservations teams to forecast demand, set pricing strategies, and optimize inventory to drive revenue growth.
Salary Range: $85,000-$95,000
What you will be doing:- Develop and implement revenue strategies to increase profitability of the hotel
- Analyze market trends and competition to identify opportunities for revenue growth
- Work with the sales and marketing teams to develop pricing strategies for room rates, packages, and promotions
- Monitor demand patterns and adjust inventory levels to optimize revenue and occupancy
- Conduct regular revenue meetings with hotel management and provide insights and recommendations on revenue performance
- Develop and maintain accurate revenue forecasts to support budgeting and financial planning
- Monitor and manage distribution channels to ensure rate parity and maximize revenue
- Collaborate with the reservations team to optimize yield and manage room inventory
- Monitor and analyze key performance indicators (KPIs) related to revenue and occupancy, and adjust strategies as needed
- Ensure compliance with hotel pricing policies and revenue management best practices
Qualifications
Specific Job Knowledge, Skills and Abilities: - Excellent communication and interpersonal skills
- Must be service oriented and capable of communicating effectively with persons involved in all levels of authority, both internally and externally.
- Ability to think strategically and develop innovative revenue strategies
- Strong analytical skills and ability to analyze data and trends
- Proficient in Microsoft Office, with an emphasis on Excel and other analytical tools
- Knowledge of revenue management systems, hotel reservations systems, and distribution channels
- Knowledge of market segmentation and demand forecasting techniques
- Understanding of hotel financial statements and budgeting processes
- Highly organized with the ability to work in a fast-paced environment and manage multiple projects simultaneously
Education:- Bachelor's degree in Hotel Management, Accounting, Finance, Mathematics, or Business Management preferred
Experience:- Minimum 3 years of progressive experience in revenue management, preferably within a luxury or resort hotel environment. Experience in destination resorts strongly preferred.
Additional Information
All Candidates must be in possession of identification proving authorization to work in the United States as defined in the Immigration Reform and Control Act of 1986 (IRCA). This Position does not offer sponsorship of Work Visas. Resumes submitted that cannot fulfill these requirements will not be considered.
Our commitment to Diversity & Inclusion: We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.
Join our 'ohana today: Visit our website to learn more about living and working for Fairmont Hawai'i. www.fairmonthawaiijobs.com
Why work for Accor? Discover a world where life pulses with passion!
Join the Accor Group, an ecosystem of over 45 brands, 5,600 hotels, 10,000 restaurants and lifestyle places, that welcome you. With us, your personality is valued, your opportunities for growth know no boundaries. Every action you take has a positive and memorable impact on the experience of our customers, your colleagues, and also, on the planet, contributing to pioneering the art of responsible hospitality.
Hospitality is a work of heart! #fairmontcareers #alwayskealani
Atithi Jaiswal
Mumbai, India