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Director of Revenue

1.00 to 3.00 Years   Bangalore   18 Sep, 2019
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryHotel / Restaurant
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

*Presents the Room Revenue, Banquet & Outlet budget Revpar, Spa and other revenue centre budgets to DOSM*Ensures that EBITDA margins to be in line with the hotel revenue*Ensures RevPar Leadership with consistent ADR increase thereby ensuring highest EBITDA for the hotel*Sales plan to be submitted based on quarterly basis & segment wise details to be formulated*Ensure consistent revenue generation through GDS channels.*Extracts and analyzes data in order to draw viable/actionable business conclusions*Prepares forecasts of revenue, profit, demand and occupancy for rooms and banquets*Manages all revenue, profit and demand data associated with rooms and function space*Responsible for achieving revenue goals, guest and associate satisfaction and the financial performance of the department*Ensures that the BAR & rate slab pricing is fixed as per the schedule.*Responsible for OTA marketing / promotion plans*Conducts competition analysis for effective hotel pricing.*Creates pricing strategies for revenue miximization during Peak, Shoulder & Lean periods.*Ensures to do room revenue forecasting in a timely manner*Creates promotional plans to enhance revenue.*Provides inputs to the sales team pertaining to materizliation through various channels & corporate rate codes.*Generates revenue reports for revenue analysis on monthly basis.*Guides the reservation team for effective inventory management to optimize room category revenue generation.*Ensure prompt & accurate reverts for all roomrelated queries by the reservation team.*Provides customer intelligence in evaluating the market and economic trends that may lead to changes in sales strategy to meet or exceed customer expectations.*Develops strong partnerships with local organizations to further increase brand/product awareness.*Develops and manages internal key stakeholder relationships.*Partner with Human Resources to develop departmental workforce plans, hiring schedule, interview and select candidates that demonstrate the TATA and IHCL values along with core functional expertise. Assign buddies to new team members and monitor the progress of departmental induction*To set department and sub-department goals which is in line with the hotel and department strategies. Communicate goals, conduct Q-Chats (quarterly performance reviews), analyse performance and provide relevant input for training programs*Identifies the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills*Ensures disciplinary procedures and documentation, adhering to the standards of Tata Code of Conduct and values of IHCL*Identifies departmental and individual training needs, develops training calenders, conducts training and recommends suitable training programs to address individual capability gaps. Participate in certification of team members in key skills. Ensures self and direct report managers attend appropriate core training classes*Create a culture of recognition by actively participating in the STARS (Special Thanks and Recognition System) program*Create a culture of Trust, Awareness and Joy by conducting departmental meetings, reviewing V-Connect feedback, drawing and implementing suitable action plans*Identify risks and develop HIRA (Hazard Identification and Risk Assessment).*Adheres to roles and responsibilities pertaining to safety as defined by the hotel from time to time as per the PCM (Progressive Consequence Management) SOP and IMBC (Incident Management and Business Continuity),

Keyskills :
codeofconduct salesstrategy trainingneeds humanresources revenueanalysis trainingprograms revenuegeneration ehavi altraining revenuef ecasting invent ymanagement financialperf mance

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