Revenue Management Director Jumeirah Beach Hotel

  • Full time
  • Dubai, UAE
  • Posted 6 months ago
  • 20000-35000 AED / Month

Jumeirah Beach Hotel is presently accepting applications from suitable candidate for the job role of Revenue Management Director. The company published this job on December 17, 2023. If you are willing to go for this role, submit your application now.

Responsibilities of Revenue Management Director

  • Contribute to the design and direct the implementation of the Jumeirah Beach Hotel’s Revenue Management strategy, in line with the corporate revenue management strategy, in order to steer efforts towards the maximization of profitability.
  • Oversee the assessment and evaluation of the Jumeirah Beach Hotel’s competition and guest preferences as well as economic variables affecting supply and demand or price elasticity in order to develop accurate operational and financial forecasts.
  • Direct the management of the Jumeirah Beach Hotel’s product and services offerings (rooms, spa, catering, packages etc.) and ensure that product offers and rates are continuously adjusted to demand in order to maximize RevPAR and profitability throughout the year.
  • Contribute to the design and direct the implementation of the JBH’s Revenue Management strategy, in line with the corporate revenue management strategy, in order to steer efforts towards the maximization of profitability.
  • Oversee the assessment and evaluation of the Jumeirah Beach Hotel’s competition and guest preferences as well as economic variables affecting supply and demand or price elasticity in order to develop accurate operational and financial forecasts.
  • Direct the management of the Jumeirah Beach Hotel’s product and services offerings (rooms, spa, catering, packages etc.) and ensure that product offers and rates are continuously adjusted to demand in order to maximize RevPAR and profitability throughout the year.
  • Oversee the monitoring and reporting of the Jumeirah Beach Hotel’s key revenue performance metrics (occupancy levels, RevPAR, etc.), in order provide visibility on its financial performance and to formulate corrective action when required.

What You’ll Do More?

  • Coordinate with regional and corporate Revenue Management Colleagues in order to identify and capitalize on revenue generating opportunities for the Jumeirah Beach Hotel and to ensure knowledge transfer and alignment in revenue management efforts.
  • Recommend improvements to departmental policy and manage the implementation of procedures and controls covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that Jumeirah Group delivers world class services, excellence, and innovation.
  • Motivate subordinates and identify opportunities for participating in change initiatives, programmes and projects taking into account international best practices, improvement of business processes, cost reduction and productivity improvement.
  • Monitor RevPAR index and provide critical analysis of Jumeirah Beach Hotel performance. Lead the Jumeirah Beach Hotel revenue team in the development of long and short-term strategies to address any deficiencies and to contribute to the ongoing growth of RevPAR market share.
  • Perform unconstrained demand analysis to determine optimal business mix for Jumeirah Beach Hotel.  Considering optimal and forecasted levels of business from each market segment, work with the Director of Business Development to direct the Jumeirah Beach Hotel’s sales efforts accordingly.
  • Develop and maintain a close relationship with the market manager of Third-Party Intermediaries to maximize the opportunities with these channels.
  • Champion the Revenue Management discipline within the Jumeirah Beach Hotel, ensuring that all personnel directly involved in the generation of rooms revenue understand essential Revenue Management principles and concepts.  Provide requisite training and development, contributing to the development of a Revenue Management culture within the Jumeirah Group.

Requirements of Revenue Management Director

The requirements of Revenue Management Director are as under:

  • Bachelor’s Degree in Finance, Business or equivalent from an accredited and renowned University.
  • Minimum of 6 years’ experience revenue management in hotel operations, preferably with an international hospitality company.

Skills and Knowledge desired

  • Extensive property and revenue maximization experience.
  • Influencing and communicating skills.
  • Problem Solving, Reasoning and Analytical Abilities.
  • Project and Time Management.

Bartender Jumeirah Beach Hotel

Front Office Coordinator Jumeirah Al Qasr

Guest Relations Manager Jumeirah Al Qasr

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