What You'll Do
As Head of Revenue Management, you will be responsible for developing and executing strategic revenue optimization initiatives across Dash Living's growing portfolio of properties. In this critical leadership role, you will leverage advanced data analytics, market insights, and innovative revenue management practices to deliver substantial top-line growth and profitability for the company.
- Develop and implement comprehensive revenue management strategies across Dash Living's diverse property portfolio of hotels, coliving spaces and serviced apartments to maximize occupancy, ADR, and RevPAR.
- Analyze market data, forecasting models, and competitor intelligence to inform optimal pricing, inventory controls, and distribution channel mix.
- Oversee the Revenue and Reservations team, providing strategic guidance and ensuring efficient operations to meet revenue targets.
- Utilize revenue management systems and tools to forecast demand and analyze trends. Adjust pricing and inventory strategies based on demand fluctuations and market conditions.
- Oversee the distribution channels, including online travel agencies, booking platforms global distribution systems, direct bookings, and other sales channels. Optimize channel mix to maximize revenue.
- Collaborate cross-functionally with leaders in Sales, Marketing, and Operations to align revenue initiatives with the broader business strategy.
- Reporting and Analysis: Generate regular revenue reports and performance analysis to monitor key metrics, identify revenue opportunities, and recommend strategies for improvement. Present findings and recommendations to senior management.
- Competitive Analysis: Monitor market trends, competitor pricing and strategies, and industry developments to identify opportunities and threats. Conduct regular competitive analysis and benchmarking to ensure Dash Living's revenue management approach keeps the company at the forefront of the market.
- Stay up-to-date with the latest revenue management tools and systems. Evaluate and implement new technologies that enhance revenue management capabilities and efficiency.