Revenue Manager

The Plaza Hotel is hiring!
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Be a part of the historic castle on the park, The Plaza, A Fairmont Managed hotel, a timeless landmark capturing memories since 1907. Located in the heart of midtown, The Plaza now features 282 luxury hotel rooms and suites, the elegant Champagne Bar as well as the legendary Palm Court, New York City’s premier destination for afternoon tea. The Plaza offers the Five Diamond standard of excellence and sophistication while offering an authentically local and unrivalled experience for our guest.

JOB DESCRIPTION

The Revenue Manager is responsible for developing and implementing pricing strategies, distribution tactics, and inventory control to maximize total hotel revenue. The ideal candidate will bring expertise in luxury hotel revenue management, a strong analytical mindset, and a proactive approach to market trends and business intelligence.

Responsibilities

• Develop and execute revenue management strategies for rooms and ancillary revenue streams.
• Analyze historical data, market trends, and demand forecasts to optimize pricing and inventory.
• Monitor competitor performance and industry trends to identify opportunities and risks.
• Manage OTA relationships and ensure optimal performance on all distribution channels.
• Collaborate closely with the Sales, Marketing, Reservations, and Front Office teams to align revenue goals with operational execution.
• Prepare and present detailed revenue performance reports and forecasts to senior management.
• Oversee and optimize channel mix, rate parity, and booking patterns.
• Utilize revenue management systems (RMS), PMS, and BI tools to guide strategy and decision-making.
• Lead the monthly forecast and budget processes in conjunction with finance and operations.
• https://careers.accor.com/global/en/job/revenue-manager-in-the-plaza-a-fairmont-managed-hotel-new-york-united-jid-63677