the evolving revenue manager
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THE EVOLVING REVENUE MANAGER
- Strategic Management- Managing Inventory- Develops Or Utilizes Analytical Tools- Future Lies- Revenue Management Audit & Strategy
Strategic Management
Strategy About Revenue Management
selling the right product (packaged optimally) to theright customer, for the right price, at the right time
and for the right duration
Inventory Management- Product Inventory- Products Purchase- Products Sales- RMA & RTV- Suppliers Managers- Customers Manager- Employee(Sales)- Product Inventory ATP & CTP- Accounting Manager Product Expiration- Inventory Status Reports
Develops and/or utilizes analytical tools and systems toward the goal ofmaximizing revenue and profit
Develops Or Utilizes Analytical Tools
Basic Essential Skill Sets -• Excellent analytical skills and mathematical skills• Strong understanding of the sales process• Excellent knowledge of MS Office, database management, and otheranalytical tools.• Should be detail oriented• Knowledge of operations research principles and concepts.• Market analysis skills – Economic/Political /Competitive etc• Knowledge of Property Management System to maximize yield
Basic Essential Skill Sets -• Good understanding of Front Office operations and Reservations• Balance short, mid-term, & long-term business understanding• Clear communication skills• Excellent time management skills• Ability to work with limited support• Strong organizational skills• Detail in follow-up• Strong budgetary, projections, and cost control skills
Where lies the Future ?
Revenue management deserves a different and a more seriousapproach from hotel managers in order to unlock its full potential ratherthan the simple service quality analysis and pricing analysis againstcompetitor set, gone are the days of only advertising , promotions andsales teams generating business and wining, dining and schmoozingguests.....Read more...
Revenue Management Audit & Strategy
Revenue Management Audit & Strategy :-• Your pricing strategy and business mix• Rate parity issues, room types selling strategy with room and rate hurdles• Current use of tools and reports• Excellent time management skills• Electronic marketing strategy• Performance trends and competitive market positioning
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For More DetailsGROW WITH US
LiveBean Consulting Pvt. Ltd.Wisma GKBI, 39th Floor, Jl. Jend Sudirman No 28,Jakarta, 10210, IndonesiaT +62 (21) 5799 8111F +62 (21) 5799 8080
ORVisit at:-
www.livebeanhospitality.com