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Assistant Revenue Manager

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Job Description - Assistant Revenue Manager

FILINVEST COMPANY: HOSPITALITY ENTERPRISE RESOURCES CORP.


Position Summary: 

The Assistant Revenue Manager supports the Corporate Revenue Manager in maximizing overall hotel revenue through effective pricing strategies, inventory control, and demand forecasting. This role involves daily monitoring of market trends, competitor performance, and booking patterns to
identify revenue opportunities and recommend actionable strategies. The Assistant Revenue Manager is responsible for analyzing data from various sources, preparing performance reports, and ensuring rate integrity across all distribution channels. The role requires close collaboration with Sales, Marketing, Reservations, and Front Office teams to align revenue goals and support strategic decision-making. This position also assists in maintaining systems related to revenue management and supports the development and implementation of pricing and
promotional strategies to drive profitability and market share.

Scopes and Responsibilities: 

  • Assist in the development and implementation of pricing strategies for rooms and other revenue generating departments.
  • Monitor and evaluate competitor pricing, market trends, and demand forecasts to support decision making.
  • Prepare daily, weekly, and monthly revenue reports and dashboards (e.g., pickup, pace reports.)
  • Assist in generating accurate forecasts for occupancy, ADR, and RevPAR by segment and market mix.
    Conduct variance analyses and identify revenue opportunities or risks.
  • Maintain room inventory control and rate availability across all distribution channels (RMS and Channel Manager).
  • Coordinate with Reservations and Front Office for overbooking management and inventory optimization.
  • Support the management and performance monitoring of all online travel agents (OTAs) and third-party platforms.
  • Ensure rate integrity and content accuracy across all channels.
  • Assist with the setup of promotions, packages, and dynamic pricing strategies.
  • Prepare and distribute daily revenue and pickup reports.
  • Assist in preparing presentations for weekly revenue strategy meetings.
  • Contribute insights and data to support strategic business decisions.
  • Coordinate with Sales and Marketing on pricing decisions and promotional campaigns.
  • Partner with Reservations and Front Office to align availability, group blocks, and upselling strategies.
  • Maintain clear and timely communication with the Revenue Manager and other stakeholders.

Qualifications:

  • Bachelors Degree (Business, Finance or Mathematic or Hospitality Management)
    At least 2 years experience in hospitality industry.
  • Experience in data collecting, forecasting and data analysis is an advantage.
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