Revenue Management Executive

. Revenue Management Executive

Company



Starwood Hotels Resorts Worldwide Inc. one of the leading hotel and leisure companies in the world. Today STARWOOD Empire encompasses more than 1000 hotels in over 100 countries is a fully integrated owner operator and franchisor of hotels and resorts with the following internationally renowned brands Sheraton St. Regis The Luxury Collection Westin Four Points by Sheraton W Le Méridien Aloft and Element. The growth of the company is nothing less than phenomenal.



Location

Sheraton Deira hotel is situated just 5 minutes from Dubai International Airport and only 10 minutes from the picturesque Dubai creek. It is also within walking distance of shopping malls like the famous Al Ghurair Centre and within close proximity to the worldrenowned gold and electronics souks as well as the exclusive Dubai Creek Golf Yatch Club.



The Sheraton Deira Hotel Towers Dubai is mainly a business hotel but we have not forgotten about our leisure guests.



Architectural design The hotel façade stands 9 years old as a Starwood property located in Deira a prime area wherein business and residence takes equal domain.



The hotel interior is designed by wellknown design company Wrenn Associates featuring a trendy modern yet comfortable design approach which creates a feel of calmness and friendly ambience all around.



Department

Reservations



Job Description

Functional Pillar Strategy



•Strategy Support By assisting the Director of Revenue ManagementRM with essential administrative duties and fulfill reporting and analysis tasks it will ensure that the RM strategies as defined by the team can be executed in an efficient and proactive manner. Providing contingency in the event of absence is also an important element in the delivery of strategy objectives.

•Closely monitor competitive pricing and understand the impact of relative pricing decisions on property performance. Perform competitor checks and report as appropriate.

•Assist the DORMRM in identifying soft periods and developing promotions and strategies



Functional Pillar Operations



•Support the DORMRM in effective implementation of Starwood Revenue Management Standards Policies Procedures. Rate Plans Rate Categories Market Segmentation Profiles and all other PMSIPS related RM functionality.

•Action Rate Solicitations as directed and maintain rate plans. Work with DORMRM to implement the suggestions of CRMT Audit Recommendations.

•Ensure the hotel has Best Rate Guarantee compliance and work with the DORM to minimizeeliminate BRG claims against the hotelcomplex

•Assist the DORMRM with daily updates of the Revenue Plan balancing all figures with the PMS and FRS and ensure all data input into the system is accurate. Geo Source Product Quality Pricing Assist with all aspects of budget preparation.

•Assist in the preparation of 306090 day fully updated Forecasts in the Revenue Plan Forecast Tool on a monthly basis. Work with the DORMRM to prepare longer term forecasts and achieve hotel forecast accuracy goals.

•Responsible for Startrack setup flagging and tracking of company profiles in Opera and ongoing monitoring of account production. Liaise with the sales team and advise where accounts are not meeting rev par contribution goals.

•Participate in the property’s weekly Revenue ManagementStrategy Meeting and contribute to the Daily Operations Meeting. Act as the representative of the DORMRM when heshe is unavailable.



Requirements

•Minimum 1 year experience in a Starwood Hotel preferably working in a Front Desk or reservations capacity. However c more...

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