Revenue Manager Italy & Mediterranean- Based In
Revenue Manager Italy & Mediterranean based in Milan
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Revenue Manager Italy & Mediterranean, reporting to Revenue Management Partner, is responsible to maximize the RevPar of hotels under their responsibility, managing their pricing strategy on a day-to-day basis.
Under the supervision of the area leader, develop and implement the different actions that guarantee an optimum performance.
**What will I be doing?
**PRICING STRATEGY
Daily management of Duetto RMS, creating the pricing rules required to implement the hotel strategy and auditing the accuracy of
the data displayed in the tool.
Ensure appropriate inventory management in hotels and that the inventory available for sale reflects the real situation in the hotel,
using an overbooking strategy whenever appropriate.
Ensure that all hotels appear correctly in the different distribution channels, showing price parity and the desired positioning (or an
absence of parity), reporting any possible flaws in content or opportunities for content improvements to the Sales team.
Lead the channel management function, ensuring that the pricing strategy for each market segment is put into practice correctly on
each platform.
Set up and monitor daily overbooking decisions.
Coordinate loading for participation in promotions and campaigns.
Audit that said participation is displayed as agreed in all distribution
channels.
Monitor events in the destination that may influence demand, creating an "Events Calendar" together with the Sales team.
Verify that the daily rate is correctly positioned compared to competitors and monitor the daily pick-up compared to hotel objectives.
Review and analyse the pricing strategy of the hotels in the compset and other relevant pricing factors according to the diff erent
conditions (meal plan, number of people, type of rate, etc.
)
Lead the pricing strategy for the assigned hotels in the assigned cluster under the supervision of the Cluster RM.
Interact with the M&E department to ensure that the pricing instructions and strategy decided by the Area Revenue Manager are
included in price quotes.
Manage the opening and closing of levels in the MHI Pyramid following the instructions of the Cluster RM.
**FORECASTING AND BUDGET
Once agreed with the Cluster RM, enter the weekly forecast within the time limits defined and on the internal platforms defined by
MHI (DUETTO, IBR, etc.
).
Assist the Cluster RM as required to create "What if" scenarios and group displacement analyses.
Introduce the annual budget in the system, guaranteeing the accuracy of the data and within the established time limits.
Open, manage and monitor requests in the Jira tool and all tickets related to RM
**MARKET PENETRATION
Support the Cluster RM by monitoring hotel market penetration on a daily basis together with other relevant ratios.
Closely monitor the pricing behaviour of hotels in the compset using the available rate shopping tools to identify practical
opportunities.
**COMMUNICATION AND VERIFICATION OF MHI STANDARDS
Maintain the Revenue Management reporting system, distributing all the required reports to all departments and Hotels within the
established time limits.
Monitor that the operations departments that introduce and manage data in the PMS do so according to MHI standards (Sales, Front
Office, Reservations, etc.
).
**TEAM MANAGEMENT
Extend the Revenue Management culture in the team and among the management and staff of hotels in their portfolio.
**REPORTING AND DATA ACCURACY
Responsible for the work related to the creation and updating of regular and ad hoc reports for possible meetings and analyses.
Ensure the accuracy of data entered in the PMS and internal tools (DUETTO, Melodía, etc. )
as well as in MHI reports.
Generate alerts to warn of possible data integrity problems and report them immediately.
**DIRECT CHANNEL MANAGEMENT AND PROFITABILITY
Prioritise sales through direct channels over third-party channels, especially in periods of high demand.
Use the available tools to reduce the use of OTAs and other commissioned channels (LX, MR discount, MR programmes, etc.
).
**AD HOC PROJECTS
Provide analytical support to the Cluster RM when necessary.
**RESERVATIONS
Guarantee 100% use of the IBlue tool and the consoles defined by MHI.
**OTHERS
Embrace new technology and protocols defined by MHI (DUETTO, Melodia, etc.
).
Be an ambassador for the company's reportin
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