Revenue Manager at Hyatt Hotel in Riyadh

Hyatt Hotels International, a leading name in luxury hospitality, is now accepting applications for the position of Revenue Manager at one of its prestigious properties in Riyadh, Kingdom of Saudi Arabia. This role represents a exceptional career opportunity for ambitious professionals to join a renowned hotel brand and contribute to its financial success in a fast-growing and competitive market.

Job Overview

The Revenue Manager will hold a pivotal role within the management team, serving as the primary authority for developing and executing revenue management strategies to maximize profitability and occupancy. This role operates in a dynamic environment, working closely with Sales, Marketing, and Operations departments to make data-driven pricing and distribution decisions.

Key Responsibilities

• Develop and implement annual, monthly, and weekly revenue management strategies for the hotel.
• Monitor and analyze market performance, including competitor performance, demand trends, and economic indicators.
• Manage dynamic pricing for rooms and related services to optimize Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR).
• Prepare accurate short-term and long-term occupancy and revenue forecasts.
• Manage and distribute inventory across all distribution channels (direct channels, online booking sites, global distribution systems, etc.) for optimal performance.
• Lead daily and weekly revenue strategy meetings and present clear reports and analyses to senior management.
• Evaluate the effectiveness of marketing and sales campaigns from an ROI perspective.
• Ensure compliance with Hyatt's global revenue management standards and policies.
• Train and guide the sales and marketing team on revenue management best practices.

Qualifications & Requirements

• Bachelor’s degree in Business Administration, Finance, Tourism & Hospitality, or a related field.
• A minimum of 3 to 5 years of experience in a revenue management role within a 5-star hotel or international hotel group. Experience in the Saudi or GCC market is highly preferred.
• Strong proficiency in Revenue Management Systems (RMS) and Central Reservation Systems (CRS) such as Opera, Duetto, IDeaS, or similar.
• Exceptional analytical skills with the ability to interpret complex data and translate it into actionable plans.
• In-depth knowledge of Global Distribution Systems (GDS), Online Travel Agencies (OTAs), and e-commerce strategies.
• Proven ability to lead and work within a cross-functional team.
• Excellent communication and presentation skills in both English and Arabic.
• A proactive, leadership-oriented personality capable of working under pressure in a fast-paced environment.

What Hyatt Offers

Joining Hyatt means becoming part of a global family committed to caring for people so they can be their best. While specific benefit details were not listed in the initial posting, Hyatt is known for its supportive work environment and typically offers a competitive benefits package which may include (but is not limited to):

• Career development and training opportunities within a global group.
• An international and stimulating work environment.
• Employment benefits associated with a luxury hotel.

How to Apply

Applications for this vacancy are being accepted exclusively through the Naukrigulf platform. Please search for the position under "Revenue Manager - Hyatt Hotel - Riyadh" or via the direct link available from the source advertisement. Ensure your Curriculum Vitae (CV) is updated to highlight your experience and achievements in hospitality revenue management, including any measurable accomplishments (e.g., improving RevPAR growth or achieving budget targets). Early application is advised due to the competitive nature of such roles in Saudi Arabia's vibrant hospitality market.

Riyadh, the capital of Saudi Arabia, is a thriving economic and cultural hub, making it an attractive location for both international and local professionals. This is an opportunity to contribute to the ambitious tourism growth journey in the Kingdom under Vision 2030.