640 Pricing Models jobs in India

Executive – Revenue Management

Gurugram, Uttar Pradesh IndiGo

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Job Description

About the Role:

The position is in IndiGo’s Revenue Management (RM) Department.  Analyst is responsible for revenue target delivery within a competitive airline industry, using various pricing and inventory optimization methods. Working closely with other members of IndiGo, analyst shall be tasked with developing and maximizing all revenue opportunities for the airline. The role requires heavy analytical skills, trend spotting and excellent ability to crunch numbers.

Responsibilities:  

The role shall be responsible for responsible for the following areas:

¨   Meet monthly revenue targets

¨  Manage pricing using various methods.

¨  Flight inventory optimization

  Ensure that IndiGo offers competitive fare availability

¨   anage the demand on a flight-by-flight basis to ensure revenue maximization

  Ensure that overbooking is economically viable

¨  Report on overbooking volumes

  Manage no-shows and spoilt revenue

¨  Report on booking trends and forecast revenue

  Management and update of the RM systems at IndiGo

¨  Use of available business intelligence to position IndiGo competitively

  Comprehensive reporting of competitor activity

 Desired Candidates Profile:   

  • Graduate in any stream with passion for numbers.
  • Must have at least 1-years’ experience in analyst role in Revenue Management or similar role in other industry.
  • Very good at excel, mathematical, quant abilities and good analytical skills.
  • Ability to analyze data and make pricing decisions on a short-term and medium-term basis.
  • Good written, oral communications and presentation skills
  • Self-directed, with a passion for delivering results and willing to go the extra mile.
  • Any pricing, inventory management experience is added advantage.
  • Experience of Navitaire Reservation System is added advantage.



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Revenue Management Analyst

Confidential

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Job Description

  • Assist in the management of rooms inventory to maximize cluster rooms revenue, as well as maintain accuracy of information and enhance automation efforts in reservation system.
  • Assist in the preparation of competitive analysis and other supporting documents for presentation at market sales strategy meetings.
  • Assist in managing room authorizations, rates, and restrictions, including communicating rate restrictions and strategy to properties.
  • Perform all Revenue Management month end reporting and auditing and provide forward looking information for the purposes of forecasting, targeting need areas and balancing financial expectations.
  • Accurately generate, process and update all property and market Revenue Management reports and serve as primary source for majority of reporting and analytical needs of the Revenue Management team.
  • Assist with system maintenance including but not limited to, inputting rate hurdles, monitoring forecasted demand, updating group forecasting and running daily system checks.
  • Assist with training of new associates as necessary on revenue management tools.
  • Assist in the implementation of hotel sales strategies in the reservation and inventory systems.
  • Follow all company policies and procedures; ensure uniform and personal appearances are clean and professional; maintain confidentiality of proprietary information; protect company assets.
  • Welcome and acknowledge all guests according to company standards; anticipate and address guests service needs; thank guests with genuine appreciation.
  • Speak with others using clear and professional language; answer telephones using appropriate etiquette.
  • Develop and maintain positive working relationships with others; listen and respond appropriately to the concerns of other employees.
  • Comply with quality assurance expectations and standards.
  • Read and visually verify information in a variety of formats; move, lift, carry, push, pull, and place objects weighing less than or equal to 15 pounds without assistance; stand, sit, or walk for an extended period of time.
  • Perform other reasonable job duties as requested.

PREFERRED QUALIFICATIONS

  • Education: High School diploma or G. E. D. equivalent.
  • Related Work Experience: At least 1-year related work experience.
  • Supervisory Experience: No supervisory experience. License or Certification: None

Role:  Sales Operations / Enablement

Industry Type:  Hotels & Restaurants

Department:  Sales & Business Development

Employment Type:  Full Time, Permanent

Role Category:  Sales Support & Operations

Education

UG:  Diploma in Mechanical

PG:  Any Postgraduate


Skills Required
Hotel Sales, Forecasting, System Maintenance, Revenue Management, Competitive Analysis, Analytical, Sales Strategy, Management Reporting, Monitoring
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SDM Revenue Management

560048 Bangalore City, Karnataka Thoucentric

Posted 537 days ago

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Job Description

An ideal candidate who has worked in Pharma industry and who understands how claims and settlements are structured and architect the process for same and prepare a global template which would be ideally rolled out to multiple geographies. 
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Revenue Management Specialist EMEA

Wyndham Hotels & Resorts

Posted 3 days ago

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Job Description

Wyndham Hotels & Resorts is now seking a Revenue Management Specialist to join our team in Gurgaon, India.
**Job Summary**
The Revenue Management Specialist position's primary purpose is to serve participating hotels and assist the Team Lead Revenue Management Middle East & Eurasia by monitoring for compliance to established Revenue Management Policies and Best Practices.
The Revenue Management Specialist assists in maximising room revenue and growing the RevPAR Index (market share) for each hotel in a portfolio. Key Hotel Team Members with whom the Revenue Management Specialist will interact include General Manager, Director of Sales, Revenue Manager, and/ or Front Office Manager. Other key Revenue Management stakeholders may include Central Revenue Management Team Members, management company representatives, and other Commercial Services Team Members.
The Revenue Management Specialist will be responsible for achieving the following:
+ A trusting relationship with the hotel teams and other key revenue management stakeholders
+ An appropriate Revenue Management strategy, including pricing, for all portfolio hotels
+ An alignment with the hotel teams and other key revenue management stakeholders on Revenue Management strategy and pricing
This will be accomplished by (but not limited to) audits of existing systems, analysing, managing, and maintaining rates and rate codes in RMS, CRS, Lanyon, Property PMS, and connected channels.
**Responsibilities**
+ Prepare and hold Monthly, Bi-weekly or Weekly Meetings (according to Service Package) with Clients to discuss performance and revenue opportunities, audit and upcoming promotions, and share relevant information.
+ Audit existing Property setup to determine if the content is current and if Property is taking advantage of distributing themselves correctly through the central reservation system.
+ Assist internal/ property steps toward making changes to rates and inventory, and any downstream distribution channels (in case of exceptions found and in concert with the property leadership), consistent with the Brand Standards, Revenue Management Policies, and Best Practices.
+ Internally assist designated Managers in the Revenue Management process for complex properties.
+ Understand and guide the property and/ or RM of the rate loading process, RFPs, and promotions. Ensure that rates are loaded according to Brand Standards. Formulate a plan to improve hotel performance, recommend that plan to the hotel team, and implement the approved changes in relevant systems.
+ Establish reports with the property teams and demonstrate an understanding of each hotel's market, unique goals and challenges. Maintain inventory/ rate visibility and consistency across all distribution channels according to Brand Standards, Revenue Management Policies and Best Practices.
**Complexity**
+ Decision-making authority is at a low level, although it does facilitate the process for supported hotels and it also increases in specific cases.
+ Work consists of routine tasks, processes, or operations. The jobholder selects and applies several clearly prescribed, standard policies and procedures. Requires choosing between a few clear choices or discussing them with a Supervisor to solve problems.
+ Problems generally involve the selection of standard procedures, organising work, and checking results. Answers are usually found by selecting from specific choices defined in standard work policies or procedures.
+ Work requires active involvement in projects that result in new ideas or methods. Improved methods generally affect the hotel's bottom-line performance and immediate department. Alternative courses of action may require Supervisor approval.
+ Serves as a project team member working to achieve defined goals.
+ Requires regular contact with property designated contacts; interaction within the department and periodic contacts with other departments, supplying or seeking information on specialised matters.
**Scope/ Financial Responsibility**
The position has a revenue impact as it relates to ensuring that Brand Standards, Revenue Management Policies, and Best Practices are adhered to. All these are designed to increase market share, generate incremental revenues, customer loyalty, and increase brand awareness for properties while minimising opportunity costs of not having adequate rates and inventory available for sale across various channels.
**Abilities/ Key Competencies/ Skills**
+ Must be able to convey information and ideas clearly, both in oral and written communications.
+ Must be able to evaluate and select among alternative courses of action quickly and accurately.
+ Must be able to work well in stressful situations, including the ability to handle property questions and concerns with satisfactory results.
+ Must be able to work on multiple tasks.
+ Must be able to show initiative in job performance, including anticipating, preventing, identifying and solving problems as necessary with or without Supervisor guidance.
+ Ability to analyse, interpret and explain statistical data, develop strategies and generate a course of action.
+ Strong mathematical comprehension.
+ Must maintain composure and objectivity under pressure.
+ Must have the ability to assimilate information, data, etc. from disparate sources and consider, adjust or modify to meet the constraints of the particular need.
+ Must have effective presentation skills.
+ Must have excellent interpersonal skills that build trust and instill confidence in order to motivate and influence others.
+ Must be effective at listening, understanding, and clarifying the concerns and issues raised by key clients, co-workers and supervisors.
+ Must be able to work with and understand financial information, data, and basic arithmetic functions.
+ High proficiency with MS Office Programmes and any other systems that may be designated by the company.
+ Perform other duties as requested by management.
+ Attend meetings/ training as required by management.
**Experience/ Certificates/ Education**
+ BA/ BS Bachelor's Degree in Hospitality, Business Administration, Finance, or Economics, or a minimum of two (2) years of analytical experience within Revenue Management, Data Management or Reservations, either at hotel or corporate level.
+ Hospitality experience in EMEA Markets.
+ Has knowledge of office or operational procedures. Performs basic typing/ word-processing, bookkeeping, checking of charts or records and posting of information to a database/ spreadsheet, following instructions. Familiarity with MS Office (Excel and Word) is necessary.
+ Proficient with PMS, CRS, RMS, Online Channels and BI Tools, and industry-related reporting.
+ Fluency in English is a must.
**Organisational Relationships**
The Revenue Management Specialist reports into the Team Lead Revenue Management Middle East & Eurasia.
**COMPANY OVERVIEW:**
Wyndham Hotels & Resorts is the world's largest hotel franchising company by the number of properties with approximately 9,200 hotels across over 95 countries on six continents. Through our network of approximately 872,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the hospitality industry. Headquartered in Parsippany, N.J. with offices around the world in London, Shanghai, Buenos Aires, Dubai and more, Wyndham employs more than 2,000 corporate team members worldwide who are dedicated to the Company's mission of making hotel travel possible for all. Supporting thousands of franchisees and a growing global portfolio of 24 hotel brands-think household names like Wyndham, La Quinta, Ramada, Days Inn and Super 8-Wyndham team members are a widespread group of individuals with diverse interests and backgrounds. Our unique Count on Me culture, commitment to flexibility and core values of Integrity, Accountability, Inclusivity, Caring and Fun are just part of what continues to make Wyndham an award-winning best place to work.
**Job Location:** WHG India, Baani Address One, Golf Course Road, Sector 56, Gurgaon, Haryana 122011
Employment Status: Full-time
**Employment Disclaimer**
In some locations around the world, Wyndham Hotels & Resorts manages hotel properties on behalf of a third party owner. At many of those properties, the Hotel owner is the actual employer, and Wyndham Hotels & Resorts performs recruiting and hiring functions on behalf of the owner. I understand and agree that, by applying through this site, I may be applying for a position with a company other than Wyndham Hotels & Resorts where Wyndham Hotels & Resorts is serving only as the recruiter and will not be my actual employer.
This advertiser has chosen not to accept applicants from your region.

Hospitality Revenue Management Analyst

751001 Bhubaneswar, Orissa ₹60000 Annually WhatJobs

Posted today

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Job Description

full-time
Our client, a leading player in the hospitality sector, is seeking a dynamic and data-driven Hospitality Revenue Management Analyst to join their expanding operations. This is a fully remote position, offering a unique opportunity to shape revenue strategies from anywhere in India. You will be responsible for optimizing pricing, inventory, and demand strategies across various properties to maximize revenue and profitability. This role requires a strong analytical mindset, proficiency in data analysis tools, and a deep understanding of the hospitality industry. You will analyze market trends, competitor pricing, and booking data to forecast demand, identify opportunities for yield improvement, and implement effective revenue management tactics.

Key Responsibilities:
  • Analyzing historical booking data, market trends, and competitor activities to forecast demand.
  • Developing and implementing dynamic pricing strategies across all channels.
  • Managing inventory controls and displacement analysis to optimize room sales.
  • Collaborating with sales, marketing, and operations teams to align revenue strategies.
  • Creating regular reports on key performance indicators (KPIs) and providing actionable insights.
  • Monitoring and adjusting room rates based on demand, seasonality, and local events.
  • Identifying opportunities for upselling and cross-selling to enhance guest experience and revenue.
  • Conducting performance reviews of pricing and distribution strategies.
  • Utilizing revenue management systems and data analytics tools effectively.
The ideal candidate will possess excellent analytical skills, a keen eye for detail, and the ability to translate complex data into clear recommendations. If you are passionate about the hospitality industry and possess a proven track record in revenue management, we want to hear from you. Embrace this remote opportunity to make a significant impact.
This advertiser has chosen not to accept applicants from your region.

Oracle finance Revenue Management

Confidential

Posted today

Job Viewed

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Job Description

  • Minimum 1 implementation in Revenue Management (IFRS 16)  in EBS with good knowledge on least two or more of Finance modules: GL,AP,AR
  • Familiar with Revenue management processes and flows
  • Must have implementation exposure to ERP Cloud (Financial Modules like AP, AR, GL)
  • Must have experience in conducting Solution Workshop Session, CRPs, UAT KUT, System Configuration, OUM documentation etc.,
  • Should have Excellent Communication skills in English
  • Should be able to handle support teams.

Skills Required
crps , System Configuration
This advertiser has chosen not to accept applicants from your region.

Senior Executive Revenue Management

Gurugram, Uttar Pradesh IndiGo

Posted today

Job Viewed

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Job Description

Role:

Revenue Management - Senior Executive shall be tasked with developing and maximizing the revenue opportunities for the airline. The role requires strong analytical skills and ability to deliver expected unit revenues in a highly competitive market scenario.

Responsibilities:

The role shall be responsible for the following areas:

  • Optimize Revenue on assigned flights
  • Meet monthly Revenue and Passenger Revenue Per Available Seat Kilometers (PRASK) target.
  • Inventory positioning on assigned flights based on demand and seasonal patterns.
  • Monitor and adjust fares based on market inputs and demand, ensure IndiGo offers competitive fare.
  • Coordination with sales teams and other stake holders to understand the market scenario and position IndiGo's fare accordingly.
  • Manage demand forecast by analyzing historical and future trends on assigned flights to ensure revenue maximization.
  • Ensure that overbooking is economically viable.
  • Utilize IndiGo’s RM systems to drive optimized revenue and calibrate system inputs to have optimized results.
  • Comprehensive reporting of competitor activity.
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Revenue Management Specialist EMEA

Uttarakhand, Uttarakhand Wyndham Hotels & Resorts

Posted today

Job Viewed

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Job Description

Wyndham Hotels & Resorts is now seking a Revenue Management Specialist to join our team in Gurgaon, India.

Job Summary

The Revenue Management Specialist position’s primary purpose is to serve participating hotels and assist the Team Lead Revenue Management Middle East & Eurasia by monitoring for compliance to established Revenue Management Policies and Best Practices.  

The Revenue Management Specialist assists in maximising room revenue and growing the RevPAR Index (market share) for each hotel in a portfolio. Key Hotel Team Members with whom the Revenue Management Specialist will interact include General Manager, Director of Sales, Revenue Manager, and/ or Front Office Manager. Other key Revenue Management stakeholders may include Central Revenue Management Team Members, management company representatives, and other Commercial Services Team Members.

The Revenue Management Specialist will be responsible for achieving the following:

  • A trusting relationship with the hotel teams and other key revenue management stakeholders
  • An appropriate Revenue Management strategy, including pricing, for all portfolio hotels
  • An alignment with the hotel teams and other key revenue management stakeholders on Revenue Management strategy and pricing

This will be accomplished by (but not limited to) audits of existing systems, analysing, managing, and maintaining rates and rate codes in RMS, CRS, Lanyon, Property PMS, and connected channels.

Responsibilities

  • Prepare and hold Monthly, Bi-weekly or Weekly Meetings (according to Service Package) with Clients to discuss performance and revenue opportunities, audit and upcoming promotions, and share relevant information. 
  • Audit existing Property setup to determine if the content is current and if Property is taking advantage of distributing themselves correctly through the central reservation system.
  • Assist internal/ property steps toward making changes to rates and inventory, and any downstream distribution channels (in case of exceptions found and in concert with the property leadership), consistent with the Brand Standards, Revenue Management Policies, and Best Practices.
  • Internally assist designated Managers in the Revenue Management process for complex properties.
  • Understand and guide the property and/ or RM of the rate loading process, RFPs, and promotions. Ensure that rates are loaded according to Brand Standards. Formulate a plan to improve hotel performance, recommend that plan to the hotel team, and implement the approved changes in relevant systems.
  • Establish reports with the property teams and demonstrate an understanding of each hotel’s market, unique goals and challenges. Maintain inventory/ rate visibility and consistency across all distribution channels according to Brand Standards, Revenue Management Policies and Best Practices.

Complexity

  • Decision-making authority is at a low level, although it does facilitate the process for supported hotels and it also increases in specific cases.
  • Work consists of routine tasks, processes, or operations. The jobholder selects and applies several clearly prescribed, standard policies and procedures. Requires choosing between a few clear choices or discussing them with a Supervisor to solve problems.
  • Problems generally involve the selection of standard procedures, organising work, and checking results. Answers are usually found by selecting from specific choices defined in standard work policies or procedures.
  • Work requires active involvement in projects that result in new ideas or methods. Improved methods generally affect the hotel’s bottom-line performance and immediate department. Alternative courses of action may require Supervisor approval.
  • Serves as a project team member working to achieve defined goals.
  • Requires regular contact with property designated contacts; interaction within the department and periodic contacts with other departments, supplying or seeking information on specialised matters.

Scope/ Financial Responsibility

The position has a revenue impact as it relates to ensuring that Brand Standards, Revenue Management Policies, and Best Practices are adhered to. All these are designed to increase market share, generate incremental revenues, customer loyalty, and increase brand awareness for properties while minimising opportunity costs of not having adequate rates and inventory available for sale across various channels.

Abilities/ Key Competencies/ Skills

  • Must be able to convey information and ideas clearly, both in oral and written communications.
  • Must be able to evaluate and select among alternative courses of action quickly and accurately.
  • Must be able to work well in stressful situations, including the ability to handle property questions and concerns with satisfactory results.
  • Must be able to work on multiple tasks. 
  • Must be able to show initiative in job performance, including anticipating, preventing, identifying and solving problems as necessary with or without Supervisor guidance.
  • Ability to analyse, interpret and explain statistical data, develop strategies and generate a course of action. 
  • Strong mathematical comprehension.  
  • Must maintain composure and objectivity under pressure.
  • Must have the ability to assimilate information, data, etc. from disparate sources and consider, adjust or modify to meet the constraints of the particular need.
  • Must have effective presentation skills.
  • Must have excellent interpersonal skills that build trust and instill confidence in order to motivate and influence others.
  • Must be effective at listening, understanding, and clarifying the concerns and issues raised by key clients, co-workers and supervisors.
  • Must be able to work with and understand financial information, data, and basic arithmetic functions.
  • High proficiency with MS Office Programmes and any other systems that may be designated by the company.
  • Perform other duties as requested by management.
  • Attend meetings/ training as required by management.

Experience/ Certificates/ Education

  • BA/ BS Bachelor’s Degree in Hospitality, Business Administration, Finance, or Economics, or a minimum of two (2) years of analytical experience within Revenue Management, Data Management or Reservations, either at hotel or corporate level.
  • Hospitality experience in EMEA Markets.
  • Has knowledge of office or operational procedures. Performs basic typing/ word-processing, bookkeeping, checking of charts or records and posting of information to a database/ spreadsheet, following instructions. Familiarity with MS Office (Excel and Word) is necessary. 
  • Proficient with PMS, CRS, RMS, Online Channels and BI Tools, and industry-related reporting.
  • Fluency in English is a must. 

Organisational Relationships

The Revenue Management Specialist reports into the Team Lead Revenue Management Middle East & Eurasia.

COMPANY OVERVIEW:

Wyndham Hotels & Resorts is the world’s largest hotel franchising company by the number of properties with approximately 9,200 hotels across over 95 countries on six continents. Through our network of approximately 872,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the hospitality industry. Headquartered in Parsippany, N.J. with offices around the world in London, Shanghai, Buenos Aires, Dubai and more, Wyndham employs more than 2,000 corporate team members worldwide who are dedicated to the Company’s mission of making hotel travel possible for all. Supporting thousands of franchisees and a growing global portfolio of 24 hotel brands—think household names like Wyndham, La Quinta, Ramada, Days Inn and Super 8—Wyndham team members are a widespread group of individuals with diverse interests and backgrounds. Our unique Count on Me culture, commitment to flexibility and core values of Integrity, Accountability, Inclusivity, Caring and Fun are just part of what continues to make Wyndham an award-winning best place to work.

Job Location: WHG India, Baani Address One, Golf Course Road, Sector 56, Gurgaon, Haryana  122011
Employment Status: Full-time

Employment Disclaimer

In some locations around the world, Wyndham Hotels & Resorts manages hotel properties on behalf of a third party owner. At many of those properties, the Hotel owner is the actual employer, and Wyndham Hotels & Resorts performs recruiting and hiring functions on behalf of the owner. I understand and agree that, by applying through this site, I may be applying for a position with a company other than Wyndham Hotels & Resorts where Wyndham Hotels & Resorts is serving only as the recruiter and will not be my actual employer.

This advertiser has chosen not to accept applicants from your region.
 

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