Revenue Manager

Company Overview / Employee Value Proposition

IBIS SINGAPORE NOVENA is located on Balestier Road, near Novena MRT and close to Orchard Road shopping, major medical facilities, and popular eateries. It is a well-connected economy hotel managed by Accor Asia Pacific, offering 241 rooms in a vibrant multicultural city.

Job Summary

We are seeking a commercially driven and analytical Revenue Manager to lead the hotel's revenue management strategy, driving revenue growth through pricing, forecasting, market analysis, and collaboration with senior management and sales teams.

Responsibilities

• Develop and implement revenue, pricing, and inventory strategies aligned with hotel business objectives to maximize profitability
• Support annual budgeting and create yearly rate strategies tailored to different market segments
• Prepare accurate revenue forecasts and lead regular revenue meetings to review performance and identify opportunities
• Monitor rates, availability, and restrictions across distribution channels to optimize revenue and inventory utilization
• Analyze market trends, competitor performance, and booking patterns to identify and capitalize on revenue opportunities
• Prepare detailed revenue, benchmarking, and performance reports to inform commercial decision-making
• Conduct regular competitor and market analysis to provide actionable market intelligence
• Collaborate with the Director of Sales to identify new business opportunities and target market segments
• Maintain comprehensive knowledge of hotel products, rates, promotions, and competitive positioning
• Continuously seek improvements in revenue management systems, tools, and processes to enhance efficiency
• Proactively optimize revenue and manage costs to support financial goals
• Work collaboratively with Sales, Reservations, Front Office, and other departments to achieve commercial and guest satisfaction objectives

Preferred competencies and qualifications

• Experience in revenue management, reservations, e-commerce, sales, or related hotel commercial functions
• Familiarity with hotel revenue management and property management systems
• Strong communication and stakeholder management skills to effectively engage cross-functional teams
• Ability to work proactively and stay organized in a fast-paced hospitality environment