Director of Revenue

Job description / Role

Company Description

Swissotel Al Ghurair & Swissotel Living Al Ghurair Hotel is a 620-room-and-suite upper upscale property. Catering for both business and leisure clientele. The hotel is located in Deira in the heart of Dubai and within easy reach of major tourist landmarks, leisure destinations and city services. It is linked to the Al Ghurair Shopping Centre, only 3 stops away on the Dubai Metro from the Dubai World Trade Centre and a 10 minute drive from Dubai International Airport.

Job Description

As a Director of Revenue, you will be entrusted with the responsibility of maximizing revenue and optimizing profitability across all revenue streams. You will play a pivotal role in developing and implementing strategies to ensure the hotel achieves its financial objectives while maintaining its esteemed reputation for excellence in hospitality.

What's in it for you:

- Employee benefit card offering discounted rates in Accor worldwide
- Learning programs through our Academies
- Opportunity to develop your talent and grow within your property and across the world!
- Ability to make a difference through our Corporate Social Responsibility activities, like Planet 21

What you will be doing :

- Develop and execute comprehensive revenue management strategies to drive revenue growth and achieve financial targets
- Analyze market trends, competitor performance, and economic factors to make informed pricing and inventory decisions.
- Implement dynamic pricing strategies to maximize revenue per available room (RevPAR) and other key performance indicators.
- Oversee distribution channels including direct bookings, online travel agencies (OTAs), global distribution systems (GDS), and other distribution partners.
- Monitor channel performance and adjust distribution strategies to optimize revenue and minimize distribution costs.
- Negotiate contracts and partnerships with distribution partners to enhance the hotel's visibility and reach.
- Develop accurate revenue forecasts based on historical data, market trends, and upcoming events.
- Collaborate with department heads to establish annual budgets and revenue targets.
- Monitor performance against budget and forecast, identifying variances and implementing corrective actions as necessary.
- Utilize data analytics tools to extract insights and identify revenue optimization opportunities.
- Prepare regular reports and presentations for senior management, highlighting key performance metrics, trends, and actionable recommendations.
- Collaborate closely with sales, marketing, and operations teams to align revenue strategies with overall business objectives.
- Provide guidance and support to department heads in implementing revenue optimization initiatives.
- Foster a culture of revenue management excellence throughout the organization.

Requirements

Qualifications

- Bachelor's degree in Hospitality Management, Business Administration, or related field (Master's degree preferred).
- Proven experience in revenue management or related roles within the hospitality industry, preferably in luxury or 5-star hotels.
- Strong analytical skills with proficiency in revenue management systems and data analytics tools.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with diverse teams.
- Strategic mindset with the ability to think creatively and develop innovative revenue strategies.
- Results-oriented with a track record of achieving revenue targets and driving profitability.
- Knowledge of industry trends, market dynamics, and emerging technologies in revenue management.

Additional Information

Visa requirements:

Please note that you must be eligible to live and work in Dubai. Swissotel Al Ghurair & Swissotel Living Al Ghurair will cover visa costs and flights for selected candidates from place of origin.

Our commitment to Diversity & Inclusion:

We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.

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.

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.