IHG Hotels & Resorts

Revenue Manager (Thai) - Hotel Indigo Bangkok Wireless Road

IHG Hotels & Resorts  •  Kingdom of Thailand (Onsite)  •  1 month ago
Expired
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Job Description

  • Assist General Manager with daily commercial strategy and reporting
  • Assist in implementing pricing strategies to maximize room revenue and occupancy
  • Track sales programs/promotions/advertising and provide feedback as necessary to relevant departments
  • Track and establish pick up trends, occupancy history and market segment development to facilitate forecasting
  • Prepare and analyst daily, weekly, and monthly forecasts for room revenue.
  • Analyze booking patterns, market trends, and economic data to inform pricing decisions
  • Monitor allotments
  • Adjust strategies based on forecast performance and market trends
  • Monitor room inventory to ensure optimal occupancy and revenue
  • Maintain rate parity across multiple platforms
  • Work closely with sales, marketing, and reservations teams to align strategies and goals
  • Complete end-of-the-month sales reports and prepare weekly sales strategy reports
  • Monitor and evaluate economic, political, and social issues/changes
  • Conducting RevGen meetings and weekly yield meetings to review performance and discuss strategies
  • Participate in preparation of strategic plans for region
  • Manage manpower planning and management needs
  • Preparation and management of the Department’s budget
  • Foster a collaborative environment between revenue management and other related departments
  • Communicate strategies, performance metrics, and adjustments clearly and effectively to all relevant stakeholders
  • Maintain and disseminate critical information including a master calendar of external events, competitor rate intelligence, RevPAR penetration (RGI), arrival and spending patterns of commercial accounts, denial reports, meeting space allocation, and guest capture rates.
  • Monitor, analyze and report on loyalty program penetration (overall and by account, including bookers), system contribution, and trends in rooms and non-rooms revenues by channel, segment and account.
  • Manage the use of revenue systems such as N2 Pricing, Concerto and Opera, including the manipulation of yield hurdle points and daily inventory balancing where appropriate.
  • Train and support hotel teams on revenue systems, functionality, and enhancements.
  • Responsible for business and revenue strategy, ensuring compliance with all Integrated Business policies and procedures.

ACCOUNTABILITY

Annual Operating Profit/Payroll Budget

  • Department Budget and Headcounts
  • Department Budget
  • Hotel Revenue
  • Employee Engagement Survey
  • Key Metrics

QUALIFICATIONS AND REQUIREMENTS

  • Required Skills
  • Essential of skill and knowledge of Opera (PMS).
  • 4 years related experience or 2 years reservations/front office experience as manager or assistant manager role, minimum of 2 years in a supervisory revenue management role or an equivalent combination of education and experience.
  • To lead the staffing control/employee satisfaction/the team development/cooperation with the other department/overseeing the technical issues.
  • Bachelor’s degree in Hotel Administration or Business Administration.
  • Excellent reading, writing and oral proficiency in English and Thai language

IHG Hotels & Resorts

About IHG Hotels & Resorts

IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.

With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,300 open hotels in more than 100 countries, and a development pipeline of over 2,000 properties.

Luxury & Lifestyle: Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo

Premium: voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels

Essentials: Holiday Inn Express, Holiday Inn Hotels & Resorts, Garner hotels, avid hotels

Suites: Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites

Exclusive Partners: Iberostar Beachfront Resorts

InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 345,000 people work across IHG's hotels and corporate offices globally.

Visit us online for more about our hotels and reservations and IHG One Rewards. To download the IHG One Rewards app, visit the Apple App or Google Play stores.

Industry
Travel & Hospitality
Company Size
10,000+ employees
Headquarters
Windsor, GB
Year Founded
Unknown
Website
ihg.com
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