We are partnering with a well-established hospitality business in New Jersey to recruit an experienced Revenue Manager. This is an exciting opportunity for a commercially focused hotel professional to take ownership of the hotel's revenue strategy and play a key role in driving occupancy, profitability, and long-term commercial success.
Working closely with the leadership team, you'll use market insight, forecasting, and pricing strategies to maximise revenue across all booking channels while ensuring the hotel remains competitive in the local market.
Key Responsibilities
- Develop and implement pricing strategies to maximise occupancy, room rates, and overall revenue.
- Monitor booking trends, market demand, and competitor activity to identify new revenue opportunities.
- Manage room inventory and pricing across all distribution channels.
- Prepare regular revenue reports, forecasts, and performance analysis for the leadership team.
- Ensure rates are accurate and consistent across all online booking platforms.
- Work closely with the Sales, Marketing, Reservations, and Operations teams to deliver commercial objectives.
- Review demand patterns and adjust pricing strategies to maximise performance throughout the year.
- Monitor the balance of corporate, group, and leisure business to achieve the best commercial results.
- Identify opportunities to increase direct bookings and improve overall profitability.
- Use performance data and market insights to recommend improvements to the hotel's commercial strategy.
Skills & Experience
- Previous experience in a Hotel Revenue Manager or similar revenue management role.
- Strong understanding of hotel pricing, forecasting, and revenue optimisation.
- Experience using revenue management systems, PMS, and hotel distribution platforms.
- Excellent analytical skills with the ability to make informed commercial decisions.
- Strong communication skills and the ability to work collaboratively across multiple departments.
- Highly organised with excellent attention to detail.
- A degree in Hospitality, Business, Finance, or a related discipline would be advantageous but is not essential.