Revenue Manager

About the role

Hotel Mazagan is looking for a Revenue Manager to maximize overall hotel revenue for rooms and food and beverage through effective pricing and distribution strategies. The role oversees revenue management analytics, guides the hotel's revenue team, produces accurate forecasts and budgets, and mentors revenue analysts and managers. It is based in El Jadida.

Key responsibilities

• Oversee the revenue management team to set transient and group inventory restrictions and pricing strategies that increase market share and revenue.
• Implement sales strategy and pricing recommendations across all channels, Hyatt revenue systems and market segments, and analyze results monthly.
• Execute Hyatt corporate revenue management initiatives and maintain the standards in the Americas Revenue Management Standards and Procedures manual.
• Manage relationships with the four major OTA market managers to maximize revenue and marketing exposure.
• Create the hotel's revenue forecasting process (monthly and annual forecasts) and prepare the annual budget.
• Collaborate with the Director of Sales on group pricing and inventory strategies, and on account-by-account implementation.
• Develop pricing strategy for the business/leisure sales team based on demand projections and competitor analysis.
• Partner with the Director of Sales/Marketing on SEO/SEM goals and lead weekly Sales Strategy and Daily Business Review meetings.
• Review bookings outside established guidelines and give feedback and recommendations.
• Maintain Hyatt revenue management systems (eFlex, Reserve, Opera, Envision, Passkey) and coordinate with the front office on up-sell and sell-out programs.
• Work with the Convention Services Team to maximize meeting space use and room and F&B revenue, and represent the hotel at industry events.

Required profile

• Bachelor's degree or higher in Revenue Management, Hospitality Management, Business Administration or a related field.
• Proven revenue management experience, preferably in a luxury hotel.
• Fluency in French and English.

Required skills

• Advanced proficiency in Microsoft Excel and strong analytical skills.
• Strong knowledge of hotel systems, revenue management tools and distribution platforms.
• Understanding of hotel performance indicators and strong forecasting abilities.