hospitality revenue manager

Code 2431.9

Hospitality revenue managers maximise revenue generated from facilities such as hotels, holiday resorts and camping grounds by analysing trends and competition. They assist establishment managers in strategic decisions. Hospitality revenue managers analyse and optimise the financial potential of facilities and manage the corresponding staff.

Essential skills

Skills and competences

  • Elaborar un informe financiero
  • inspect data
  • analyse booking patterns
  • ensure price competitiveness
  • ensure cross-department cooperation
  • develop revenue generation strategies
  • implement marketing strategies
  • manage hospitality revenue
  • implement sales strategies
  • comply with food safety and hygiene
  • forecast occupancy demand
  • monitor financial accounts

Transversal competences

  • apply numeracy skills
  • develop business case
  • manage staff
  • think analytically
  • plan medium to long term objectives
  • produce statistical financial records
  • perform market research
  • develop financial statistics reports

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What to assess for this role

Technical knowledge can be verified with tests and references. What never shows up on a CV are the transversal competences, and they explain most failed hires. Before closing, it pays to measure them with a standardised battery.

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Sources

This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences