Revenue Manager

Your mission:

The Revenue Manager role is responsible for maximising hotel revenue through effective pricing strategies, inventory control, and channel distribution management. Analyse market trends, forecasting demand, optimising rates and availability, and managing relationships with OTAs, GDS platforms, and direct booking channels. The ideal candidate will have a strong analytical mindset, excellent communication skills, and a deep understanding of the hospitality industry’s digital and distribution landscape.The Details:

Develop and implement revenue strategies in line with hotel strategy.Create and execute strategies to optimize RevPAR, ADR and occupancy rate across all market segments and channels.Pricing and yield management:Establish and adjust dynamic pricing based on demand, seasonality, competitor activities, and market trends. Implement yield management techniques to manage room inventory and restrictions to maximize revenue potential.Market analysis and forecasting:Analyse historical data, market trends, and booking patterns to forecast demand and predict future revenue performance.Distribution channel management:Oversee and optimize the hotel''s presence across various distribution channels, including OTAs, GDS, direct bookings, and corporate accounts, ensuring rate parity and maximum visibility.Performance monitoring and reporting:Regularly monitor and evaluate key performance indicators (KPIs) like RevPAR, ADR, and occupancy to assess and report on the hotel''s performance. Provide regular reports and insights to the senior team on revenue performance and strategic recommendations.Collaboration:Work closely with on property sales, marketing, operations, reservations and finance teams to align revenue strategies with the overall business objectives and enhance guest experiences.Background must-have:

Current, legal and unrestricted ability to work in the United Kingdom.

3+ years of experience in hotel revenue management; knowledge and understanding of the local market or luxury lifestyle property would be advantageous.

Strong technical understanding and experience of hotel distribution systems and tools – PMS, RMS, CRS, and OTAs.

Experience and knowledge of IDeaS G3 is essential

Experience of SynXisand HMS Infor would be desirable

Strong communication skills for collaborating with departments and presenting information to senior stakeholders within the property and at the home office.

Strong analytical and problem-solving skillset to interpret data, analyse market trends, forecast demand, and translate findings into strategic actions that support revenue growth and business challenges

Package and BenefitsCompetitive salary, based on experience

31 days paid holiday per year, inclusive of public holidays with an additional day for each years’ service up to 33 days

Additional day off for your birthday

Workplace Pension Scheme

Enhanced Family Friendly Policies

Teammate discount on Food and Beverage

Discounted Room Rates

Employee Assistance Program

Learning and Development opportunities

Access to Virgin Family, which contains various Virgin group discounts and treats!

Joining a great team and being part of Virgin Hotels worldwide!

Who we are:

We love what we do and what we do is important! We believe that everyone should leave feeling better - this means not just our guests, but also our teammates. Everyone should go home feeling better because they learned something new, or had fun working that day. Therefore, we hire unique individuals who work together to create amazing experiences for our guests. We recognize that every member of the team contributes to the success of the whole hotel. No-one is more important than anyone else, and unless we are in it together, we can''t create that special experience for our guests.The Hotel:

Bringing the brand back to where it all began, Virgin Hotel London-Shoreditch brings personalized hospitality to Shoreditch. Like its counterparts in the UK and US, the hotel offers the unmistakable Virgin experience, personalized hospitality, top-notch amenities, and a prime location in one of London''s most vibrant neighbourhoods.*Virgin Hotels celebrates diversity and welcomes teammates from all backgrounds.We are proud to be an inclusive and Equal Opportunity ..... full job details .....