Assistant Revenue Manager
FAIRMONT
Fairmont The Palm is a luxury, world-class resort located on the iconic Palm Jumeirah Island in Dubai. The hotel features 391 guest rooms and suites with dedicated Fairmont Gold rooms and lounge. A total of 11 food and beverage outlets on property offer international dining options including Michelin Guide recommended 2022 and 2023 Little Miss India, Frevo - Brazilian Churrasco experience, Seagrill Bistro, Ba Restaurant and Lounge, Blowfish, Flow Kitchen, The Cigar Room, Vuvuzela and others. Fairmont The Palm also features an expansive pool and beach area with a health club, Serenity Spa Dubai - The Art Of Well Being and the Fairmont Falcons Kids’ Club.
Job Description
- Review market trends and benchmark against competition.
- Conducts analysis of citywide and special events, implements Revenue Management strategies to maximize demand generators. Closely monitors competitors for shift in demand, rate and strategy.
- Drive revenue generating initiatives to optimize topline revenues and all revenue centers in close cooperation with sales and marketing departments.
- Maintains pricing integrity.
- Maintain short term room revenue forecasts to assist business decisions.
- Ensure optimization of all Accor related distribution channels.
- Proactive participation in weekly Strategy Meetings.
- Maximize usage of Revenue enhancing tools including, however not limited to IDEAs, Demand360, and OTA Insight.
- Communicates Revenue management strategies to Room Reservations team and other teams as required.
- Overall responsible for the department in the absence of the Director of Revenue.
Qualifications
- Minimum two years of hotel revenue management experience in U.A.E.
- Knowledge of Accor distribution and reservation systems is required.
- Strong analytical skills and proficiency in Excel, with the ability to interpret booking pace, pickup, and market trends to recommend pricing and inventory adjustment.
- Experience supporting room revenue forecasts, budgeting, and daily revenue reporting.
- Strong communication skills and the ability to work closely with Reservations, Sales, and Front Office.
- Previous experience in a luxury hotel or resort is an advantage.
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