Overview:
AL Hokair group is a name that has been tied the world of hospitality and entertainment for decades. To many, it has become the first name that comes to mind when tourism in Saudi Arabia or the Arabian world are mentioned. The group was started in 1975 to invest in the sectors of entertainment and hospitality under the leadership of Sheikh Abdulmohsin AL Hokair.
Over five decades, the group's projects expanded to include 70 entertainment centers and 33 hotels spread in Saudi Arabia and United Arab Emirates. The group continues to develop its tourism investments to deliver the best of what top global companies offer by attracting expertise and establishing partnerships that enhance returns of investment and makes a difference in the fields of entertainment and hospitality.
Job Overview:
The Revenue Manager will be responsible for maximizing revenue and profit for the company's various businesses. This includes developing and implementing pricing strategies, monitoring market trends and competitor activities, and analyzing data to make informed decisions. The ideal candidate will have a strong analytical mindset, excellent communication skills, and the ability to work in a fast-paced and dynamic environment.
Key Responsibilities:
- Develop and implement pricing strategies for all products and services offered by the company
- Monitor market trends, competitor activities, and customer behavior to identify opportunities for revenue growth
- Analyze data and prepare reports to track revenue performance and provide recommendations for improvement
- Collaborate with cross-functional teams to optimize revenue and profitability across all departments
- Conduct regular revenue meetings with key stakeholders to discuss performance and make strategic decisions
- Continuously review and improve revenue management processes and procedures
- Manage and train a team of revenue analysts to ensure accuracy and efficiency in revenue management operations
- Build and maintain strong relationships with external partners and vendors to enhance revenue opportunities
- Stay up-to-date with industry developments and best practices in revenue management
Qualifications and Skills:
- Bachelor's degree in Business Administration, Finance, or a related field; MBA preferred
- Minimum of 5 years of experience in revenue management, preferably in the hospitality industry
- Strong analytical skills with the ability to interpret and present data in a clear and concise manner
- Excellent communication and interpersonal skills with the ability to build relationships and influence stakeholders
- Proven experience in developing and implementing successful revenue management strategies
- Knowledge of revenue management tools and systems
- Ability to work under pressure and in a fast-paced environment
- Strong leadership skills with the ability to manage and motivate a team
- Fluency in English, Arabic is a plus