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Director of Revenue Management

Rixos - Istanbul

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Company Description

Established in 2000 in Turkey, Rixos pioneers the ‘ALL Inclusive, ALL Exclusive’ concept, inviting guests to discover a world of possibilities, with luxurious stays, inclusive of culinary delights from around the globe, live entertainment, daily sports, and fitness activities, sensorial spa and wellness journeys and fun-filled kids and teens activities. Each Rixos property presents a unique experience inspired by local culture, global influences, and our Turkish heritage, all within a setting of unparalleled luxury.

Job Description

Rixos Hotels, with 24 years of experience in the tourism sector, continues to grow worldwide as a Turkish brand with new investments, driven by a management model based on dynamic, flexible, and proactive strategies. Currently, we operate 43 different hotels, theme parks, and special projects across 3 continents and 8 countries.

In Turkey, we provide services to our guests in various concepts with a talented workforce of approximately 8,000 people in the Antalya, Muğla, and Istanbul regions.

We are seeking a valuable team member for the position of “Director of Revenue Management” to be considered at RIXOS TERSANE İSTANBUL

What you will be doing

  • Ensure that a defined rate quoting strategy is in place for the negotiated RFP season and potentially overlooking the reservations section.
  • Maximizes hotel revenue contribution through all distribution channels.
  • Continuous analysis of changing channel distribution models and the impact on consumer booking trends.
  • Works with the top-line team to determine effective and engaging rate offers (packages) which are then offered to the right customer through the right channel.
  • Sets up the standards of operations in both Revenue and Reservations departments.
  • Actively monitors the competitive environment and elaborates revenue-optimizing tactics and strategies in order to maximize the Revenue Generation Index(RGI).
  • To drive the forecasting process for all operating departments, identify revenue potentials, and supply and demand variables for the property.
  • To assist the Director of Sales with pricing and demand projects based on the clear brief.
  • Review market trends and benchmark against competition.
  • Closely monitors competitors for shifts in demand, rate, and strategy.
  • Daily pick-up analysis, strategy adjustments, and reporting.
  • Drive revenue-generating initiatives to optimize top-line revenues.
  • Provide a weekly dynamic forecast of expected results, variances, and budget comparisons.
  • Configure and manage key systems including revenue management system, central reservation system, property management system and the respective distribution platforms.
  • Maintains pricing integrity, and checks distribution channels regularly for hotel positioning, information accuracy, and competitor positioning.
  • Identify areas needing improvement, and competitors' set strengths, and develop strategies to best capture available Market Share.
  • Communicates Revenue management strategies to Room Reservations team and other teams as required.
  • Analyse overall monthly hotel performance and provide summary reports with recommendations to improve long-term strategies.
  • Ensure all related systems are configured correctly, validated, and working to full capacity.

Qualifications

Your experience and skills include:

 

  • Previous experience as a Revenue Director at a 5-star luxury hotel is a must. 
  • Very strong knowledge of winning revenue management strategies.
  • Plays an active role in the Strategic Planning, Marketing Plan and budgeting processes.
  • Strong presentation and analytical skills with PowerPoint, Excel, Power Point.
  • Highly organized with the ability to manage multiple priorities under time constraints is key to the success of this individual.
  • Proven record of accurately budgeting and forecasting market demand.
  • Positive attitude and excellent communication skills.
  • Revenue management skills with an analytical mindset, accuracy and attention to detail.
  • Fluency in English and Turkish (written and spoken) is a necessity
* these questions are a must