Title: Assistant Revenue Manager
About IHCL
Indian Hotels Company Limited (IHCL) is a part of the Tata Group and is one of South Asia's largest and most iconic hospitality companies. With a legacy of over 120 years, we are dedicated to delivering exceptional experiences to our guests through our diverse portfolio of hotels, resorts, and palaces.
Careers at IHCL
At IHCL, we believe our employees are our greatest asset. We are committed to fostering a dynamic work environment that encourages innovation, collaboration, and personal growth. Join us in creating memorable experiences and shaping the future of hospitality. Explore exciting career opportunities with us and be a part of a vibrant team that values passion, excellence, and diversity.
Job Objective
Essential Job Tasks
Key Responsibilities:
- Revenue Strategy & Forecasting
- Develop and implement revenue management strategies to optimize room revenue and overall profitability.
- Prepare accurate forecasts for occupancy, ADR (Average Daily Rate), and RevPAR (Revenue per Available Room).
- Analyse historical data, market trends, and competitor performance to adjust pricing strategies.
- Pricing & Inventory Control
- Manage room rates and inventory across all distribution channels (OTA, brand website).
- Ensure rate parity and compliance with brand standards.
- Monitor overbooking levels and adjust strategies to minimize risk.
- Market Analysis & Reporting
- Conduct daily, weekly, and monthly revenue analysis reports.
- Track performance metrics such as RevPAR, ADR, and occupancy against budget and forecast.
- Identify opportunities for growth and areas for improvement.
- Collaboration & Communication
- Work closely with Sales, Marketing, and Front Office teams to align revenue strategies.
- Participate in weekly revenue meetings and present performance updates.
- Provide training and guidance on revenue management principles to relevant staff.
- Technology & Systems Management
- Utilize Revenue Management Systems (RMS) (IDEAS / Synxis / Lighthouse), Property Management Systems (PMS), and Channel Managers effectively.
- Stay updated on latest tools and technology for revenue optimization.
Areas of Responsibility
Required Qualifications
- Bachelor’s degree in Hospitality Management, Business, or related field.
Work Experience
- Minimum 3–5 years of experience in revenue management within the hospitality industry.
- Strong analytical and numerical skills with proficiency in Excel and RMS tools.
- Excellent communication and negotiation skills.
Languages Needed in Position
Key Interfaces- External
- Achievement of budgeted RevPAR and ADR.
- Forecast accuracy.
- Market share growth compared to competitive set.
Key Interfaces- Internal
Behavioural Competencies
Equal Opportunities Employment at IHCL
At IHCL, we celebrate diversity and are committed to creating an inclusive environment for all employees. We are proud to be an equal opportunity employer and do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, disability, or any other status protected by applicable law. We encourage all qualified individuals to apply and join our team, where every voice is valued and respected.