Revenue Manager

Job description / Role

Company Description

"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor's limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality.

Job Summary

The Revenue Manager is responsible for maximizing revenue and profitability for Fairmont Riyadh. This role involves developing and implementing effective revenue management strategies, analyzing market trends, and optimizing pricing and inventory management to ensure the hotel's financial success.

Key Responsibilities

- Develop and implement comprehensive revenue management strategies to maximize revenue and profitability.
- Conduct market research and analysis to identify trends and opportunities.
- Optimize pricing strategies to maximize revenue while maintaining market competitiveness.
- Manage inventory effectively, balancing demand with supply to optimize room rates and occupancy.
- Analyze historical data and forecasting tools to make informed decisions.
- Monitor and evaluate the performance of revenue management initiatives.
- Collaborate with other departments, such as sales, marketing, and operations, to ensure alignment and optimize revenue generation.
- Develop and implement revenue management training programs for the team.
- Stay updated on industry trends and best practices in revenue management.

- Bachelor's degree in Hospitality Management, Business Administration, or a related field.
- Minimum [number] years of experience in revenue management within the luxury hotel industry.
- Strong analytical and problem-solving skills.
- Proficiency in using revenue management software and tools.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and meet deadlines.
- Strong attention to detail and accuracy.

About the Company

A caring employer providing respect, training and career development for our employees. An attractive employer offering more than 100 professions across the 5 continents.

We are much more than a world leader. We are 250,000 hoteliers with the same shared passion for welcoming. We take care of millions of guests in our 4,300 addresses and on our digital platforms. As an operator and franchisor (HotelServices), owner and investor (HotelInvest), we invest all our energy into making "Feel Welcome" resonate as the finest hotel promise.

From luxury to economy and in every corner of the globe, AccorHotels'​ more than 20 brands meet all the needs of business and leisure travelers seeking comfort, attention and high-quality services.