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Revenue managers work closely with sales teams reception desk employees and the hotel general manager in areas of promotion business planning and reservation costs.
Job description of revenue manager. Developing pricing strategies and forecasting revenue for hotels and other lodging establishments are the main activities of a revenue manager. Detection of opportunities to increase the revenue. Summary of regular reports about market developments and the organization s possibilities. Liaising with the sales teams reception and the general manager.
Risk analysis and control as well as coordination of respective programmes to reduce the risk. Initiating promotions to generate business at key times. Support in the development of the organization s business plan.
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