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Journey with us! Combine your career goals and sense of adventure by joining our exciting team of employees Royal Caribbean Group is pleased to offer a competitive compensation and benefits package and excellent career development opportunities each offering unique ways to explore the world
The Royal Caribbean Group’s Royal Caribbean International Brand has an exciting career opportunity for a full time Revenue Management Lead on the Revenue Management team reporting to the Sr Manager of Revenue Management
This position sits on-site in Miami FL
Position Summary:
Revenue Management is responsible for strategic and tactical initiatives related to revenue maximization The Revenue Management department determines pricing works closely with Sales and Marketing to develop promotions to increase demand controls availability to ensure full utilization of inventory explores new business opportunities and is integral in developing policies
The Europe portfolio is the largest product portfolio outside of Caribbean accounting for 11% of the ticket revenue Given the diversified sourcing Europe itineraries are managed in three base currencies The Miami-based RM is responsible in conjunction with the UK commercial team in meeting revenue targets for the UK market which is comprised of a locally sourced itinerary as well as UK sourcing to other European programs The latter requires the management of air commitments valued at $6 Million
The Revenue Management Lead Europe is responsible for the creation and implementation of a strategic plan to maximize revenue for the UK-based ship and one other ship with a high number of UK guests and air commitments This includes determining pricing throughout the deployment cycle helping with both global and domestic sourcing strategies assisting Deployment with the maximization of hardware utilization and monitoring economic and market trends to adjust the strategy when necessary
The Lead manages coaches and develops two direct reports to enhance their skills and capabilities
The Lead may be asked to spearhead important revenue initiatives for the department
The Lead develops strategic plans to maximize ticket revenues and utilization of inventory for Europe programs with a focus on the UK market This includes the creation and oral presentation of the strategic plans to senior management as well as tactical plans and decisions in reaction to changing market conditions Also the Lead will oversee development of Strategic Pricing ensuring compliance with anti-trust and Sarbanes Oxley requirements
The Lead will initiate cross-departmental action plans and promotions with Commercial Sales and Marketing when indications point to demand and pricing softness The Lead also coordinates promotions to address product needs and develop initiatives that drive volume through more cost-effective distribution channels
The Lead will foster ongoing clear communication and relationship building with international teams with a focus on UK team
The Lead will ensure international pricing and taxation guidelines are met while staying abreast of international and industry rules and tailoring strategies and pricing actions accordingly They will manage pricing in multiple currencies and develop and track international `sourcing goals in conjunction with International Division
The Lead will generate monitor and change Revenue forecasts (occupancy and net ticket goals) that support quarterly Wall Street guidance In addition the Lead will be responsible to develop demand curves
They will also drive continuous improvement of policies and processes as well as the enhancement and creation of tools The Lead will represent Revenue Management in system overhauls that deliver benefits to a variety of pricing related activities
The Lead will develop working knowledge of Data Mining tools (Hyperion) and demonstrate expertise in analytical tools such as Excel to effectively execute strategies and tactics
In addition the Lead will perform other duties as required This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position Employees will be required to perform any other job-related duties assigned by their supervisor or management
Essential Duties and Responsibilities:
The Lead is responsible for strategies and decisions that directly impact net ticket revenue for a product portfolio that represents between $150m to over $200m in annual revenues
The Lead is also responsible for strategies and decisions that directly impact occupancy levels which drives onboard revenues and other revenues
The Lead is responsible for helping forecast both ticket revenues and occupancy levels as well as tracking the impact of market and economic changes on this forecast
Qualifications Knowledge and Skills:
Physical Demands:
While performing job functions the employee is regularly required to sit stand write review and type reports compile data operate a pc communicate listen and assess information The employee may move about the office complex may travel to other office locations and may lift push pull or move 10 - 15 pounds Visual requirements include distant close and color vision and ability to adjust focus
We know there's a lot to consider As you go through the application process our recruiters will be glad to provide guidance and more relevant details to answer any additional questions Thank you again for your interest in Royal Caribbean Group We'll hope to see you onboard soon!
It is the policy of the Company to ensure equal employment and promotion opportunity to qualified candidates without discrimination or harassment on the basis of race color religion sex age national origin disability sexual orientation sexuality gender identity or expression marital status or any other characteristic protected by law Royal Caribbean Group and each of its subsidiaries prohibit and will not tolerate discrimination or harassment
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Nearest Major Market: Miami
Full Time
$67k-83k (estimate)
05/01/2024
05/16/2024
rcgcareers.com
Miami, WV
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