Job Title: Revenue Manager Country: South Africa Area: Western Cape Cape Town, WC Monthly Salary: Market Related Industry: Hospitality / Tourism Revenue Manager Core Focus: Driving Sales and Revenue for Century City Hotels by developing and executing pricing strategies and tactics, yielding, ensuring distribution accuracy and maintaining rate parity. Responsibilities Pricing and Yield Strategy - Develop and execute daily, weekly, and seasonal pricing strategies - Forecast demand and set room rates using yield management principles - Recommend promotions, packages, and discounting strategies in line with demand and market conditions Distribution & Rate Management - Roll out new room or rate codes accross all connected platforms (PMS, CRS, RMS, channel manager, OTA's, GDS, website), in a timely and accurate manner - Ensure all rates, inclusions, restrictions, and policies are accurately reflected accross all channels - Test booking flows end-to-end to confirm rates and availability display correctly - Perform regular rate parity checks and resolve discrepancies promptly - Control channel inventory allocation (allotments, overbooking strategies, channel priorities) Analysis & Reporting - Analyze booking trends, ADR, RevPAR, and competitor pricing to inform strategies - Deliver daily revenue reports and actionable insights - Produce weekly rolling 3-month forecasts and monthly rolling 12-month forecasts and action any pricing and yielding opportunities to meet targets - Monitor contracted accounts and channels to ensure optimal production and profitibility - Evaluate channel performance and cost acquisition, adjusting strategy to maximize ROI Marketing Monitoring & Execution - Conduct daily competitor rate shops and gap analysis - Adjust pricing restrictions in RMS/CRS based on performance and market conditions - Implement content, inclusions, and policies accross all channels to ensure optimization and alignment with strategy
Job Type: Full-time
Work Location: In person
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