What are the responsibilities and job description for the Revenue Manager position at True North Property Management?
*Overview*
We are seeking a dedicated Revenue Manager to join our team for our hotel and vacation rental properties. The ideal candidate will have extensive experience in the hotel industry and vacation rentals, with a deep understanding of revenue management principles and practices.
Key Responsibilities:
- Develop and implement revenue management strategies to maximize the financial performance of our hotel and vacation rental portfolio.
- Analyze market trends, competitor pricing, and occupancy rates to make informed pricing decisions.
- Monitor and adjust pricing strategies based on demand forecasts, seasonal trends, and market conditions.
- Collaborate with sales and marketing teams to create promotional offers and packages that drive bookings.
- Prepare regular reports on revenue performance, identifying areas for improvement and opportunities for growth.
- Utilize revenue management systems and tools to track performance metrics and optimize pricing strategies.
- Conduct regular training sessions for staff on revenue management best practices.
Qualifications:
- Bachelor’s degree in Business, Hospitality Management, or a related field.
- Minimum of [X] years of experience in revenue management, specifically within the hotel and vacation rental sectors.
- Strong analytical skills with the ability to interpret data and make strategic decisions.
- Proficiency in revenue management systems and tools (e.g., RMS, PMS).
- Excellent communication and interpersonal skills.
- Ability to work in a fast-paced environment and adapt to changing market conditions.
Why Join Us?
- Opportunity to make a significant impact on our revenue growth.
- Work in a dynamic environment with a dedicated team.
- Competitive salary and benefits package.
If you are a strategic thinker with a passion for revenue management and a proven track record in the hotel and vacation rental industry, we would love to hear from you!
Job Type: Full-time
Pay: $10,000.00 - $100,000.00 per year
Benefits:
- Employee discount
- Flexible schedule
- Paid time off
- Professional development assistance
Schedule:
- 8 hour shift
Experience:
- Operations management: 1 year (Preferred)
Ability to Commute:
- Traverse City, MI 49686 (Preferred)
Ability to Relocate:
- Traverse City, MI 49686: Relocate before starting work (Required)
Work Location: In person
Salary : $10,000 - $100,000
