Additional Information
Job Number26125771
Job CategoryRevenue Management
Location118-120 Vo Nguyen Giap Street, Phuoc My Ward Son Tra District, Danang Quang 550000, Vietnam VIEW ON MAP
ScheduleFull Time
Located Remotely?N
Position Type Management
Job Summary
Manages rooms and function space inventory and ensures inventory is allocated and restricted properly to maximize revenue and profits for hotels in the market. Responsible for building rates, packages and hotel sales strategy information in the hotel(s)' inventory systems. The position makes pricing and positioning recommendations for market hotels.
Conducts analysis of revenue, profit and demand associated with hotel rooms and space inventory. Position contributes to forecasts, budgets, weekly and daily projections. Position critiques sales strategy effectiveness and prepares historical and future analysis of revenue and profit opportunities
CANDIDATE PROFILE
Education And Experience A degree in a relevant business discipline preferred or demonstration of equivalent work experience.
CORE WORK ACTIVITIES
Executing Revenue Management Projects and Strategy
Manages room authorizations, rates and restrictions.
Manages function space authorizations, restrictions and rental.
Manages rooms inventory to maximize cluster rooms revenue.
Maintains the transient rooms inventory for the hotel(s) and responsible for maximizing transient revenue.
Releases group rooms back into general inventory and ensures clean booking windows for customers
Ensures that the hotel(s) sales strategies are effectively implemented in the reservation system and the inventory system.
Prepares sales strategy critique.
Monitors transient and group inventory daily to ensure straight-line availability and maximization of revenue potential for all brands.
Ensures that sales strategies and rate restrictions are communicated, implemented and modified as market conditions fluctuate.
Supports cluster selling initiatives by working with all reservation centers.
Uses reservations system and demand forecasting systems to determine, implement and control selling strategies.
Ensures property diagnostic processes (PDP) are used to maximize revenue and profits.
Initiates, implements and evaluates revenue tests.
Ensures compliance and participation in company promotions and eCommerce channels
Ensures all hotels follow brand strategies that will maintain and/or increase the hotel(s) revenue per available room (RevPAR) and revenue per available square foot (RevPAS).
Understands the working relationship between sales, reservations and property management systems.
Participates in periodic regional reviews
Promotes and protects brand equity.
Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
Attends meetings to plan, organize, prioritize, coordinate and manage activities and solutions.
Establishes long-range objectives and specifying the strategies and actions to achieve them.
Demonstrates knowledge of job-relevant issues, products, systems, and processes.
Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).
Explores opportunities that drive profit, create value for clients, and encourage innovation; challenges existing processes/systems/products to make improvements.
Analyzing and Reporting Revenue Management Data
Compiles information, analyzes and monitors actual sales against projected sales.
Creates long range forecast for rooms and catering by segment and updates forecast every period.
Creates weekly forecast for property operations and staffing purposes
Conducts sales strategy analysis and refines as appropriate to increase market share for all properties.
Maintains accurate reservation system information.
Analyzes period end and other available systems data to identify trends, future need periods and obstacles to achieving goals.
Generates updates on transient segment each period.
Assists with account diagnostics process and validates conclusions.
Provides revenue analysis functional expertise to general managers, property leadership teams and market sales leaders.
Prepares forecasts of revenue, profit, demand and occupancy for rooms and function space - for prescribed timeframes
Prepares revenue and profit opportunity analysis.
Manages all revenue, profit and demand data associated with rooms and function space
Develops and/or uses analytical tools and systems to maximize revenues and profit.
Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Analyzes information and evaluates results to choose the best solution and solve problems.
Using computers and computer systems (including hardware and software) to, set up functions, enter data, or process information.
Generates and provides accurate and timely results in the form of reports, presentations, etc.
Building Successful Relationships
Proactively develops constructive and cooperative working relationships with others, and maintains them over time.
Acts as a liaison, when necessary, between property and regional/corporate systems support.
Informs and/or updates the executives, the peers and the subordinates on relevant information in a timely manner.
At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law.
Where timeless classics are woven with modern details. Where business meets pleasure. Where even when travelers are global, they can experience the local. As a member of the team, you will become part of our united Four Points by Sheraton community where everyone is welcome, we support each other, and every hotel matters.
We provide exactly what guests need in an uncomplicated way. If you are seeking opportunities to put guests at ease in a friendly, genuine and approachable environment, join our team. In joining Four Points, you join a portfolio of brands with Marriott International. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.
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