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Revenue Management Specialist Europe
Wyndham Hotels & ResortsMuenchen, DE, Berlin- Gesponsert
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Wyndham Hotels & ResortsMuenchen, DE, BerlinJob Summary
The Revenue Management Specialist Europe position’s primary purpose is to serve participating hotels and assist the Team Lead Revenue Management Central Europe by monitoring for compliance to established Revenue Management Policies and Best Practices.
They assist in maximising room revenue and growing the RevPAR Index (market share) for each hotel in a portfolio. Key hotel Team Members with whom the Revenue Management Specialist Europe will interact include General Manager, Director of Sales, Revenue Manager, and / or Front Office Manager. Other key Revenue Management stakeholders may include Central Revenue Management Team Members, management company representatives and other Commercial Services Team Members.
The Revenue Management Specialist Europe will be responsible for achieving three primary objectives :
- A trusting relationship with the hotel teams and other key revenue management stakeholders.
- An appropriate Revenue Management strategy, including pricing for all portfolio hotels.
- An alignment with the hotel teams and other key revenue management stakeholders on Revenue Management strategy and pricing.
This will be accomplished by and not limited to audits of existing systems, analysing, managing and maintaining rates and rate codes in RMS, CRS, Lanyon, Property PMS and connected channels.
Responsibilities
Complexity
Scope / Financial Responsibility
The position has a revenue impact as it relates to ensuring that Brand Standards, Revenue Management Policies and Best Practices are adhered to. All these are designed to increase market share, generate incremental revenues and customer loyalty, and increase brand awareness for properties while minimising opportunity costs of not having adequate rates and inventory available for sale across various channels.
Abilities / Key Competencies / Skills
Experience / Certificates / Education
Organisational Relationships
The Revenue Management Specialist Europe reports to the Team Lead Revenue Management Central Europe.