Director of Commercial Strategy
Mandarin Oriental Hotel GroupTaibeiUpdate time: August 27,2019
Job Description
Job no: 506123
Employment type Full time
Property / Office: Mandarin Oriental, Taipei
Location: Taipei, Taiwan
Department: Management (Director), Sales & Marketing
Employment type Full time
Property / Office: Mandarin Oriental, Taipei
Location: Taipei, Taiwan
Department: Management (Director), Sales & Marketing
MAIN DUTIES AND RESPONSIBILITIES
Budget
- Together with the Director of Marketing Communications and Director of Revenue Management/Revenue Manager, prepares the hotel’s annual Budget and develops, implements and adapts the Annual Marketing Plan as market conditions fluctuate.
- Responsible for annual expenditure for all sales activities and control of the budgeted expenditure by a monthly forecast.
Overall Strategy
- Develops the business outlook and commercial strategy for the hotel and ensures the strategies conform to MOHG’s brand philosophies, guidelines and initiatives at all times.
- Provides strategic direction as it relates to pricing, inventory, channel management and distribution of all market segments in accordance to MOHG’s brand guidelines.
- Determines sales strategies and leads efforts to coordinate these strategies between Regional Sales Offices, Corporate Revenue Management and Marketing & Communications Teams and on-property Leadership.
- Ensures that commercial strategies are communicated to Revenue Management, Sales, Marketing and hotel leaders, and are implemented and modified as market conditions fluctuate.
- Works with Marketing & Communications to develop the strategic proposition of Marketing offers, online and offline, as well as market/country and demand specific focus areas.
- Identifies future revenue opportunities and effectively communicates strategies to the sales organization and marketing colleagues.
- Evaluates effectiveness of property participation in channels and determines proper spend deployment in these segments and channels.
- Maintains continual awareness of current and future competitors, for example but not limited to, product, published offers/pricing, renovation plans, inventory, etc.
Analysis
- Proactively analyzes and communicates business trends and booking pace in comparison to the market, Last Year, Forecast and Budget.
- Analyzes competitive sets, price positioning, seasonality, mix and displacement on a weekly basis.
- Communicates when key events or holiday periods are being held in the destination and surrounding areas that impact demand. Devises and implements event specific strategies.
- Provides targeted and timely communication of results, achievements and challenges to the key stakeholders.
Revenue, Distribution & Reservations
- Establishes and maintains effective and rational pricing strategies for all inventories and market segments.
- Oversees the annual pricing process for transient, group and catering rooms, function space and other areas as required.
- Ensures that sales strategies, inventory adjustments, rate loadings and rate restrictions are implemented by the Revenue Director/Manager and modified as market conditions fluctuate.
- Ensures that Revenue Director/Manager proactively provides timely data to the Team for the purpose of analyzing and evaluating specific business segments, specific accounts, market segment mix (group vs. transient and its sub-segments), room type demand, channel production and geographical mix, recognizing trends and patterns and facilitates discussion on trends, market growth, and selling initiatives.
- Evaluates weekly and monthly Market Share reports to understand trends and opportunities vs. competitive set and the market as a whole and ensures targeted Relative RevPar positioning is achieved.
- Reviews and approves weekly/monthly Forecasts prepared by Revenue Director/Manager.
- Initiates forecast and long range meetings with key hotel leaders.
- Assists in implementation and continual improvement of definite group forecasting process.
- Reviews the Revenue strategy packet and reports prepared by the Revenue Director/Manager and participates in leading this meeting.
- Provides revenue management functional expertise and leadership to General Manager and property leadership teams.
- Ensures accurate reservation system information in all Distribution Channels is upheld.
- Responsible for hotel’s positioning in the various distribution channels, information accuracy and competitor positioning, including but not limited to, conducting online shops.
- Ensures that all reservation enquiries that come to the hotel via telephone, email or fax are processed in a timely and accurate manner to capture demand data for the hotel.
Sales
- Guides DOS to determine strategic and appropriate deployment of Sales Team.
- Establishes priorities and sales goals, including but not limited to Group gap Goals, with the DOS and holds DOS responsible to achieve the Sales Team’s goals.
- Ensures that DOS strategically targets accounts, both transient and group, to grow business.
- Ensures all Sales contracts are in line with MOHG’s Distribution guidelines.
- Ensures DOS leads and motivates the Sales Team and holds them accountable.
- Evaluates monthly transient segmentation production with the DOS and Sales Team.
- Conducts monthly account reviews with DOS and Sales Team
- Conducts weekly sales meetings with DOS and Sales and Catering team.
- Oversees daily group leads and with DOS, guides pricing, pattern and space strategy.
Catering
- Establishes priorities and goals for DOC and holds DOC responsible to achieve goals.
- Ensures that DOC strategically targets accounts to grow business.
- Ensures that DOC communicates effectively with the Team and holds them accountable.
- Determines free sale calendar and if applicable, is responsible to Function space management.
PROFILE
Experience
- Must have a minimum of 10 years Revenue Management Leadership experience (Director Level) with MOHG or another hotel company; extensive knowledge off all Sales segments for each is a must requirement. – OR –
- Must have a minimum of 10 years Director of Sales & Marketing experience with MOHG or another hotel company; extensive knowledge off Revenue Management related functions is mandatory.
Skills & Knowledge
- Ensures hotel’s third party contract negotiations conform to MOHG’s Revenue & Distribution Management guidelines.
- Strategic approach towards maximizing revenue through use of historical data and analysis of the marketplace and demand generators, either geographically or special event related.
- Able to create objectives and make strategic decisions and recommendations based on facts, market trends and experience/knowledge.
- Effectively develop, implement, monitor and control sales strategies and goals.
- Strong business acumen with ability to analyze financial statements, revenue reports, and market data.
- Analytical approach to problem solving utilizing data to make conclusions.
- Ensures hotel’s commercial strategies conform to MOHG brand philosophies and goals.
- Comprehension of all transient segments, their respective sales processes, markets, demands, sales deployment, client development and goal setting process.
- Comprehension of group sales processes and group sales demands.
- Comprehension of the reservation sales processes for MOHG.
- Comprehension of technical and managerial applications of Reservation, Sales, PMS and Revenue systems including but not limited to SMS, SynXis, Datavision, IDeaS and Delphi.
- Able to train, manage and develop all direct reports to ensure successful execution of revenue maximization efforts; able to develop and deliver training to executives and other colleagues.
- Strong leadership skills.
- Strong strategic, analytical and forecasting skills.
- Effective time management, communication and professional presentation skills.
- Ability to multi-task and balance the priorities of the position.
Advertised: 16 Jul 2019 Taipei Standard Time
Applications close:
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