Join us now as we are looking for a Cluster Revenue Manager. The Cycas Revenue Team do not just analyse data and make recommendations; the team are fully engrossed in their hotels leading the strategic direction they take. Our revenue managers are dynamic, innovative and passionate about their business, constantly striving for solutions to gaps in performance using market knowledge and data. We ensure sales and marketing strategies are aligned to the needs of the business ensuring communication flow between the stakeholders. Key Accountabilities Drive Market Share and Revenue Performance Develop overall pricing strategy to include all market segments and distribution channels Effectively manage and be in control of all inventory for a group of hotels Ensure all distribution channels are optimised and managed accordingly Set Sales and Pricing Strategies for a group of hotels Produce accurate forecast on weekly and monthly basis Present and contribute during monthly owner’s and budget meetings Coach & develop on property team members responsible for groups and reservations Key Responsibilities INVENTORY MANAGEMENT Daily reviews and implements room accommodation and rate inventory controls Manages Group and Transient inventory Responsible for quoting for groups and supporting hotels in managing groups in line with contracts and according to demand, including reviewing all tentative and definite group bookings in PMS to ensure accuracy Works with hotel Reservations and Front Office to ensure agreed selling strategies are in place and worked towards (i.e. Overbooking and sell out efficiency) SALES AND PRICING STRATEGY Develops, monitors and adjusts sales, groups and pricing strategies Monitors and regulates groups business at hotels to ensure that all groups statuses are accurate Ensures pricing consistency across all distribution channels (Rate Parity) Identifies Revenue and Sales opportunities through channels and recommends action accordingly Liaises with market managers for key 3rd party operators Reviews sales account production monthly with sales to identify patterns & volume of production to agree appropriate actions are taken Provide group strategy according to seasons, events and more to improve performance. Implements all blackout dates and reviews frequently to determine if adjustments are needed Working with Marketing team to project manage promotions during low demand period, value add promotions and event periods. Focus on lowering distribution costs and driving room nights to the most profitable channel Ensure branded lowest rate promise is kept with no successful rate parity fee claimed. 3 REPORTING AND ANALYSIS Provides analysis of yield strategies, room statistics and performance trends Writes and reviews end of month revenue reports for each hotel such as booking pace, competitive share analysis and segmentation reports Conducts displacement analysis of group business and sales negotiations to ascertain potential impact of business decisions on RevPAR and TrevPAR Completes daily booking pick up reports and implements strategy changes Provides a room type sold of monthly reports for each hotel to analyse past and present trends and makes recommendations for future strategies Grow ability to forecast with in the industry standard /- 5% Prepares reports and other materials for regular meetings and business processes KEY MEETINGS Conducts weekly revenue meetings with hotels providing reports on the hotel performance historical and future business on the books, as well as upcoming strategies Provide Executive Committee with regular revenue management updates. Participate and explain market trends and hotel performance in monthly owners meeting Present annual Budget to the Cycas Team and owners where applicable Key Skills and Competencies Minimum 3 years’ experience in a Revenue Management role Solid attention to detail and time management skills Strong engagement and analytical skills Proactive in achieving Rooms Revenue and MICE Revenue goals Team player with strong interpersonal skills Analytical approach to problem solving and ability to “think outside the box”. Effective ability to supervise, motivate, coach and develop reservations teams Ability to develop and deliver effective presentations Ability to train people and convey complex systems functionalities to a broad audience. Demonstrate self-confidence, energy, enthusiasm and be a motivator Ability to investigate systems malfunctions or user-input errors. Ability to analyse data, make meaningful conclusions and base sound decisions and strategies on these. Ability to adapt to a frequently changing market environment. Ability to work under pressure & meet deadlines