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Travelodge Hotels - Asia

Revenue Manager / Assistant Revenue Manager (Seoul, Korea)

Posted 14 minutes ago
Ukraine
2-5 years experience
accounting assistant excel budgeting ms-office feedback leadership
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AI Summary

The Revenue Manager will assist the Revenue Director in managing hotel revenue, pricing strategies, and performance benchmarking. They are responsible for forecasting, budgeting, and overseeing sales enquiries to maximize hotel bedroom performance.

JOB OVERVIEW
Revenue Manager will be assisting the Revenue Director in Revenue Management and will be in charge of covering the revenue management team.

RESPONSIBILITIES
  1. Revenue Management Operations
  • Relentlessly identify areas of opportunities and risks within Revenue that add value to the hotel’s performance.
  • Responsible for all Group and M&E pricing that drives bedroom performance and reflects a positive TRevPAR approach.
  • Responsible for the day-to-day management of Sales, enquiries, processes, best practice and pricing for the Hotel Bedrooms, ensuring all enquiries maximize sales and a robust strategy is in place to drive performance.
  • Develop and refine robust measurement tools and mechanisms, enabling clear performance benchmarking for all revenue streams.
  • To take ownership & accountability for all top line (every revenue line) forecasting, budgeting and reporting.
  • With Director of Sales and Marketing (DOSM) work up an annual Sales & Marketing Plan and be responsible for driving key activities to deliver it through the wider commercial team.
  • Give DOSM guidance and market insight for rate negotiations for all segments.
  • Regular checks of revenue distribution for hotel’s positioning, price parity, information accuracy and competition positioning.
  • In conjunction with the DOSM, review and manage the relationship with the representation company.
  • Performance management for reservations to include regular feedback on performance, review and ensure a live and up-to-date development plan is in place
  • Recruitment and succession planning for reservations.
  • Carry out feasibility studies and ad-hoc commercial analysis when required.
  • Keep key stakeholders informed of the hotel’s commercial performance and commercial activity
  1. Administrative & General
  • Submission as and when required of all accounting documents.
  • Maintenance of all administrative procedures implemented by General Management.
  1. Others
  • Take on ad-hoc office or other projects when assigned.
  • Participate in sales committees and task force assignment.
QUALIFICATIONS & REQUIREMENTS
 
  • Minimum Degree in Hotel Management or other related fields
  • Min 2 years in leadership role within Revenue management
  • Intermediate/advanced MS Excel knowledge
  • Excellent knowledge of all other MS Office Applications
  • Advanced knowledge of hotel’s distribution systems and in-house systems (PMS)
  • Precise analytical skills
  • Excellent presentation skills

Travelodge Hotels Asia Core Values
  • Be Real - Be yourself
  • Be Accountable - Fix the problem and find the solution without delay
  • Be Loyal - Cooperate with others to achieve common goals/ results
  • Be Respectable - Show respect for diversity and employees’ contributions
  • Be Passionate - Be committed and give our best regardless of positions

 
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