Revenue Manager

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-$95,000What you will be doing:Develop and implement revenue strategies to increase profitability of the hotelAnalyze market trends and competition to identify opportunities for revenue growthWork with the sales and marketing teams to develop pricing strategies for room rates, packages, and promotionsMonitor demand patterns and adjust inventory levels to optimize revenue and occupancyConduct regular revenue meetings with hotel management and provide insights and recommendations on revenue performanceDevelop and maintain accurate revenue forecasts to support budgeting and financial planningMonitor and manage distribution channels to ensure rate parity and maximize revenueCollaborate with the reservations team to optimize yield and manage room inventoryMonitor and analyze key performance indicators (KPIs) related to revenue and occupancy, and adjust strategies as neededEnsure compliance with hotel pricing policies and revenue management best practices