Novotel, a renowned hospitality brand in Saudi Arabia, is seeking a Director of Revenue to join their dynamic team. At Novotel, we are committed to providing exceptional service and creating memorable experiences for our guests. Our mission is to maximize revenue and optimize profitability across all revenue streams while maintaining our reputation for excellence in hospitality. We value continuous learning and growth, offering opportunities for career development through our Academies. Join us in making a difference through our Corporate Social Responsibility activities like Planet 21.
As the Director of Revenue, you will be responsible for developing and implementing comprehensive revenue management strategies to drive revenue growth and achieve financial targets. You will analyze market trends, competitor performance, and economic factors to make informed pricing decisions. Your role will involve implementing dynamic pricing strategies to maximize revenue per available room (RevPAR) and overseeing distribution channels such as direct bookings, online travel agencies (OTAs), global distribution systems (GDS), and other partners. Additionally, you will negotiate contracts with distribution partners to enhance the hotel's visibility.
Collaboration with department heads is essential in establishing annual budgets and revenue targets. You will monitor performance against budget, identify variances, and implement corrective actions when necessary. Utilizing data analytics tools, you will extract insights to identify revenue optimization opportunities. Regular reporting and presentations for senior management highlighting key performance metrics will be part of your responsibilities. By working closely with sales, marketing, and operations teams, you will align revenue strategies with overall business objectives.
If you are a strategic thinker with a passion for driving revenue growth in the hospitality industry, we invite you to apply for the Director of Revenue position at Novotel. This role is ideal for experienced professionals looking to make a significant impact on the financial success of our organization while fostering a culture of revenue management excellence throughout the organization. Join us in shaping the future of hospitality at Novotel!
Seniority Level: Executive Level
Job Functions: Revenue Management
Industries : Hospitality
