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Revenue Manager

Business Unit:  The Peninsula Istanbul
Location:  Istanbul

The Peninsula Istanbul will offer spectacular views of the Bosphorus Strait, the meeting point of East and West. Located in the historic Karaköy district, the hotel will feature 177 opulent guestrooms and a glamourous rooftop, forming part of the Salıpazarı Port re-development, which also features a cruise terminal, public squares, restaurants, and museums. As we continue to expand the pre-opening team, The Peninsula Istanbul is seeking to hire Revenue Manager. 

 

 

  • An exceptional opportunity to join our high-profile hotel opening in Istanbul.
  • The Peninsula Hotels espouses luxury service, dedication to our customers, and commitment to our employees. 
  • Be a part of the pre-opening process with a highly experienced team.

 

Key accountabilities

 

  • Recommend and implement the revenue maximization, business mix, and opportunities strategies. 
  • Support the gathering of statistical and competitive information to produce timely and accurate forecasts to maximize all revenue opportunities, while adhering to group revenue policies.
  • Monitor competitive pricing for all revenue streams and recommend appropriate actions in relation to the hotel’s pricing and market mix balance to achieve budget.
  • Utilize marketing intelligence tool and reports, (e.g., STR, Demand360, Agency360, Rate Shop) in analyzing trends and develop strategies to capture maximum market share.
  • Collaborate and seize opportunities to work with Sales, Digital Marketing and Brand Marketing & Communications to ensure a cohesive approach and drive synergies to maximize sales and marketing strategies and actions to achieve annual hotel budgets.
  • Develop the revenue management strategy.
  • Track and monitor the productivity and flow through of all market segments such as guest direct bookings, negotiated corporate, wholesale, consortia, group, government rates. 
  • Participate in revenue meetings with the DOR, DOSM, DOS and provide daily updates on booking pace, revenue, daily rates; and participate in the daily hotel briefing, weekly revenue meeting, weekly sales related meetings.

 

General requirements

 

  • Minimum of  2 years’ of experience in revenue management, ideally in high profile luxury hotel.
  • Bachelor’s degree in Hospitality Management or related field.
  • Have excellent written and verbal communication skills both in Turkish & English.
  • Strong sales, reservations, and revenue management expertise. Financial and analytical acumen.  Systems knowledge: PMS, Sabre CRS, RM System and other Channel Management tools
  • Ability to communicate and discuss revenue strategy with all levels of management and colleagues. analytical; detailed-oriented and organised; results-oriented; articulate.  

 

We would be delighted to receive your CV and will liaise directly with suitable applicants.

 

 

About The Peninsula Istanbul

The Peninsula Istanbul will offer spectacular views of the Bosphorus Strait, the meeting point of East and West. Located in the historic Karaköy district, the hotel will feature 177 opulent guestrooms and a glamourous rooftop, forming part of the Salıpazarı Port re-development, which also features a cruise terminal, public squares, restaurants and museums. 

Requisition ID:  37965