Revenue Specialist - Kinseth Hospitality
Iowa City, IA 52241
About the Job
What we offer:
- Competitive starting wages
- Health, Dental, Vision and other benefits available after 60 days
- DailyPay
- 401k
- Paid Training
- Paid PTO
- Referral program
- Discounts at all Kinseth Hotel Corporation hotels and restaurants
Kinseth Hotel Corporation is a management company operating full service, select and economy branded properties throughout the Midwest. We are seeking a strong, confident and hardworking individual to join our multi-branded hotel's revenue management team.
Responsibilities
Create Pricing Strategies
A major function of the Revenue Specialist is to determine and set room rates and other prices in order to keep hotels competitive and earn revenue. This aspect of the job might include assisting in creating promotional campaigns in order to generate business, work with front desk personnel to track customer trends and reservations, and communicate with sales teams to gather sales figures. Revenue Specialists will also forecast future demand and pricing trends.
Conduct Competition Analyses
In order to determine competitive prices to ensure increased reservations and more revenue, Revenue Specialist will periodically evaluate the prices of their competition. They will also analyze economic trends to determine the demand for hotel reservations based on tourism and business travel.
- Developing pricing strategies, including building rates for rooms and packages and determining discounts and specialty rates
- Forecasting pricing and revenue based on demand and market trends
- Evaluating trends in the economy and hospitality industry
- Creating promotional plans to increase revenue
- Understanding inventory management processes
- Generating revenue reports
Job Requirements
Skills
As expected, a Revenue Specialist would need excellent analytical, communication, customer service and organizational skills in order to be effective in this position. Both written and verbal communication skills are a must, as Revenue Specialist typically conduct meetings and submit reports. They should be strong team leaders who can focus a group on achieving the same goal of creating revenue for a lodging establishment. An attention to detail, above average math skills and the ability to meet deadlines are all important aspects in revenue management. In addition to these general skills, a Revenue Specialist could be expected by potential employers to possess the following skills.
Compensation includes medical, dental, 401k, vacation and more.
Check us out on the web! http://www.kinseth.com/
EOE
PI251020796