• To determine and set room rates and other prices in order to keep hotels competitive and earn revenue. This aspect of the job might include assisting in creating promotional campaigns in order to generate business, work with front desk personnel to track customer trends and reservations, and communicate with sales teams to gather sales figures. Revenue Managers will also forecast future demand and pricing trends.

• In order to determine competitive prices to ensure increased reservations and more revenue, Revenue Managers will periodically evaluate the prices of their competition. They will also analyze economic trends to determine the demand for hotel reservations based on tourism and business travel.

• Work with various departments within a hotel to create a budget and use accounting processes to determine the hotel’s revenue after expenditures. They will report financial information to general managers and make suggestions for increasing revenue through changes in pricing and efforts in generating more business.

• Excellent analytical, communication, reporting, customer service and organizational skills
• Excellent both written and verbal communication skills are a must
• Strong team leaders who can focus a group on achieving the same goal of creating revenue for a lodging establishment

As per hotel policy