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Last updated: 6 days ago
Manager, Revenue & Reservations Management
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Manager, Revenue & Reservations Management
Ascott International Management Pte LtdSingapore, Central Singapore30+ days ago
Job type
- Full-time
Job descriptionFlexible benefits with comprehensive medical coverage for self and family Training and development opportunities Subsidised rates at Ascott serviced residences- Strong advocate of staff volunteerism Wellness programmes
Job Description
He or she will report to the General Manager of The Robertson House and have a dotted line of reporting to the Country Director, Revenue Management.
- Yield optimum revenue and RevPAR with a regular business review of managed properties, including assessing rates, inventory, sales strategies, competitor set performance and booking pace
- Monitors ongoing market trends and pricing strategies for restaurants & bars and catering sales within the local vicinity / defined compset and works with the relevant department Heads to drive optimum revenue and pricing strategies for these revenue centres.
- Works closely with the Director of Sales and / or Catering Sales Manager to define catering space release polices, catering minimums, etc.
- Provide regular analysis of market trends and market positioning to identify opportunities and implement initiatives to ensure optimal revenue generation and market share growth, which eventually contributes to increased profit margins.
- Actively manage and evaluate decisions from the IDeaS revenue management system.
- Improve the property's direct booking performance by working closely with the Ascott Star Rewards (ASR) HQ Marketing team and Country level Team.
- Manage and oversee the online distribution strategy for all online sales channels.
- Provide and update monthly revenue forecasts for the managed property.
- Participate in annual budget and rate rationalisation exercises.
- Provide timely advice to the Sales Team on sales quotations.
- Ensure property's rate parity and rate competitiveness
- Prepare and chair the Revenue Meeting for the property and participate / contribute during the Country level revenue meetings.
- Liaise with industry partners to keep abreast of market changes and developments within the industry.
- Contribute to the growth of the Revenue Management culture within the organisation.
- Closely communicate with related departments, such as Sales, Marketing & Communications, F&B, Reservations, and Operations on specific tasks.
- As part of the property's leadership team, contribute actively in the success and culture of the property, including but not limited to; participating in the Manager on Duty (MOD) program
Benefits