Job Description
Company Description
Grand Mercure Bangalore offers 126 suite style rooms with in-built kitchenettes. Our rooms offer the privacy you want but with the luxury and indulgence of a hotel. These suites are modern, tasteful and relaxing, suiting purposes of both leisure as well as business. Bright and spacious, they also include flat screen televisions, DVD players, music systems, Wi-Fi and 24 hour room service.
Grand Mercure is known for its passion for food and wine. Dining is always a culinary experience with ‘The Verandah’, our Global Cuisine restaurant and ‘By The Blue’, our poolside RestoBar which offers inspired Indian cuisine.
Job Description
We are seeking a visionary and analytical Director of Revenue to join our dynamic team in Grand Mercure bangalore/Grand Mercure Mysore/Grand Mercure Ahmedabad gift city/ ibis styles Mysuru, India. As a key member of our leadership team, you will be responsible for developing and implementing strategic revenue management initiatives to maximize our organization's financial performance.
- Develop and execute comprehensive revenue management strategies to optimize revenue across all channels
- Analyze market trends, competitive landscape, and historical data to forecast demand and adjust pricing strategies accordingly
- Collaborate with sales, marketing, and operations teams to align revenue goals and strategies
- Lead and mentor a team of revenue management professionals, fostering a culture of continuous improvement and innovation
- Implement and oversee the use of revenue management systems and tools to enhance decision-making processes
- Prepare and present detailed revenue reports and forecasts to senior management and stakeholders
- Identify new revenue opportunities and develop strategies to capitalize on them
- Monitor key performance indicators (KPIs) and adjust strategies to meet or exceed revenue targets
- Stay current with industry trends and best practices in revenue management
- Develop and manage the annual revenue budget, ensuring alignment with overall organizational goals
Qualifications
- Bachelor's degree in Business Administration, Finance, Economics, or a related field; MBA preferred
- Minimum of 5 years of experience in revenue management or a related field, with a proven track record of success
- Advanced knowledge of revenue management strategies, techniques, and best practices
- Strong analytical skills with the ability to interpret complex data and translate insights into actionable strategies
- Proficiency in revenue management software, Microsoft Office suite, and data visualization tools
- Excellent leadership and team management skills, with the ability to motivate and develop staff
- Outstanding communication skills, both written and verbal, with the ability to present complex information to diverse audiences
- Strategic thinker with strong problem-solving and decision-making abilities
- In-depth understanding of market dynamics, competitive landscape, and industry trends
- Highly detail-oriented with excellent organizational and time management skills
- Ability to work effectively in a fast-paced, dynamic environment and adapt to changing priorities
- Experience in the hospitality or travel industry is a plus
