Revenue Manager📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Novotel Hotels is seeking an experienced and analytically-driven Revenue Manager to join its hospitality team in Riyadh, Saudi Arabia. This role is responsible for leading the development and execution of strategic revenue initiatives to maximize room revenue, total hotel profitability, and market share. The Revenue Manager will collaborate closely with Sales, Marketing, Operations, and Reservations teams, leveraging strong analytical expertise and commercial acumen to drive data-informed pricing, forecasting, and distribution decisions that deliver sustainable revenue growth across all segments. Accor is a global leader in hospitality, offering a supportive environment for career growth and learning.
Key Responsibilities
- Develop and implement comprehensive revenue management strategies to maximize room revenue, total hotel profitability, and market share while maintaining competitive positioning in the Riyadh market.
- Drive dynamic pricing strategies based on demand patterns, seasonality, booking pace, and market trends, continuously evaluating performance and adjusting tactical and strategic approaches to optimize results.
- Prepare accurate daily, weekly, and monthly forecasts using historical data, market intelligence, and forward-looking demand indicators, actively participating in the annual budgeting process and conducting variance analysis.
- Oversee and optimize all distribution channels, including OTA, direct, GDS, corporate, and wholesale segments, ensuring a balanced and profitable channel mix while maintaining rate parity policies and brand distribution standards.
- Directly manage and mentor the Reservations Manager and team, ensuring alignment with daily yielding strategies, inventory controls, and overbooking policies, and monitoring reservation performance.
- Drive Total Revenue Management initiatives by collaborating with F&B, Spa, and Ancillary departments to optimize total revenue per available room (TrevPAR) and implement restaurant revenue management strategies.
- Analyze market trends, competitor performance, and industry dynamics using tools such as STR reports and market intelligence platforms, identifying revenue opportunities and proactively mitigating potential risks.
- Manage revenue management systems and ensure data accuracy and integrity across PMS, CRS, RMS, and distribution platforms, leveraging technology and automation tools to enhance forecasting precision and operational efficiency.
- Deliver regular revenue performance reports to the General Manager and regional leadership, monitoring and analyzing key KPIs including RevPAR, ADR, Occupancy, and GOP.
- Provide revenue guidance and analytical support for corporate, group, and MICE contract negotiations to ensure profitability and strategic alignment.
- Lead, mentor, and develop the revenue and reservations team to achieve high-performance standards, fostering a data-driven and analytical culture.
- Partner with the Director of Revenue and Sales & Marketing to align pricing strategies with promotional campaigns and sales initiatives, ensuring optimal commercial alignment across all departments.
Qualifications and Requirements
- Bachelor's degree in Hospitality, Business, Finance, or a related field.
- Proven track record and strong understanding of revenue management principles, yield management, and pricing strategy.
- Expertise in forecasting, distribution optimization, and market analysis.
- Deep working knowledge of Accor Distribution Systems (TARS, Opera PMS, and Accor-approved RMS platforms such as IDeaS).
- Proficiency with PMS, CRS, and revenue management system platforms.
- Strong analytical mindset with excellent attention to detail and the ability to translate data into actionable insights.
- Proven leadership experience managing and developing high-performing teams, specifically spanning both Revenue and Reservations functions.
- Comprehensive knowledge of luxury hospitality market dynamics, including leisure, MICE, corporate, and wholesale segments.
- Strong communication, presentation, and negotiation skills with the ability to influence strategy across organizational levels.
- Excellent cross-departmental collaboration and relationship-building capabilities.
- Strategic thinking combined with hands-on execution capability and problem-solving abilities.
- Fluency in English.
Additional Skills and Experience
- Revenue Management
- Yield Management
- Pricing Strategy
- Forecasting
- Distribution Optimization
- Market Analysis
- Experience with TARS, Opera PMS, IDeaS
- Proficiency with PMS, CRS, Revenue Management System Platforms
- Leadership and Team Development
- Luxury Hospitality Market Dynamics
- Communication, Presentation, and Negotiation Skills
- Cross-departmental Collaboration and Relationship Building
- Strategic Thinking and Problem-Solving
- Restaurant Revenue Management
- Experience with Accor Live Limitless (ALL) Loyalty Programs
- Direct Booking Optimization strategies
- Knowledge of the Saudi Arabian Hospitality Market
- Total Revenue Management implementation
Work Environment and Additional Information
This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of experience in revenue management. Preferred qualifications include a Master's degree in Hospitality, Business, Finance, or a related field, familiarity with Restaurant Revenue Management (RRM) principles and F&B reservation platforms, and experience implementing Total Revenue Management initiatives. Adjustments may be made according to specific local or legal requirements.
Requirements
- Requires 5-10 Years experience
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