Revenue Manager
: Job Details :


Revenue Manager

Inhabit

Location: Little Ferry,NJ, USA

Date: 2024-07-23T19:28:27Z

Job Description:

Job Details Job Location US FL PMV 001 Remote - Knoxville, TN Remote Type Fully Remote Description About Inhabit Inhabit is a software company serving the residential and vacation property management industries. It delivers best-in-class software solutions while fostering industry-leading innovation and collaboration. Powered by its diverse team of business leaders and industry experts, the company focuses on providing property management professionals more choice through its software ecosystems. Inhabit believes that property managers are central to the success of the residential and vacation housing markets and delivers products built to empower them, their investors, and communities. Inhabit s private equity partners include Goldman Sachs Asset Management, Insight Partners, Greater Sum Ventures and PSG. These are committed to helping support the company s commitment to property management software solutions. To learn more, visit . About ITrip iTrip is an international short-term and vacation rental property management and marketing company. The company was established in 2008. We blend a combination of a high-tech approach to marketing/sales/revenue management with a high touch level of service that our rental guests and owners rave about. We are nationally marketed and locally owned, so our owners get the most eyes on their units and are cared for by the people who live in the same neighborhoods. Job Description Summary The Revenue Manger role with one of iTrips' brands Price Morgan Vacation Rentals, LLC is critical to providing customer service and expertise to high value Price Morgan Vacation Rentals, LLC customers. They are the primary point of contact for customers seeking full-service revenue management and are driven to retain and grow their book of accounts. A successful Revenue Manager will leverage industry knowledge, critical thinking and customer service skills to help a wide variety of customers set and meet their strategic pricing and inventory goals. The role provides ample opportunity for ongoing learning, experimentation and knowledge sharing. What You ll Do (Functions & Responsibilities) Create and build client relationships while providing revenue management service and expertise.Lead the weekly recurring Price Morgan Vacation Rentals, LLC -Revenue Management meeting with each customer.Clearly communicate strategic vision and objectives to client on how to drive revenues and improveperformance.Effectively communicate the current selling strategies and necessary updates to impacted departmentsProvide client with regular updates on company performance at minimum to include market share, marketsegmentation, channel metrics, etc.Analyze past and current trends to develop strategies that will be used to capture market share and driveprofitability; track performance of these strategies as they materialize to evaluate continued or futureimplementation.Complete understanding and effective execution of all current and future RM tools. Includes PMS(Streamline), Lighthouse (formerly Transparent), Key Data, LSI and our Company Reports andany new tools or reports developed.Drive Market Share and Revenue Performance through proper pricing, inventory controls and mixmanagement.Develop overall pricing strategy to include all market segments and distribution channels.Ensure effective pricing strategies are in place to reflect asset strength relative to the competition andspecific market conditions.Monitor competitive pricing and understand impacts of relative pricing decisions on property performance.Conduct regular price elasticity tests (price testing) in various market conditions, measure results, andshare key learnings.Review and analyze reports weekly and monthly basis with client. Identify and implement strategies forfuture demand scenarios.Compile Weekly Analysis Reports to analyze key drivers of market share performance and understandoverall effectiveness of strategies.Proactively identify and analyze peak days and shoulder days taking into consideration past performanceas well as new industry trends. Possible strategies include LOS restriction and price decisions.Coordinate optimization opportunities for incremental revenue and market share growth with relevantmarketing contacts.Effectively manage inventory and pricing strategy on all distribution channels including Branded Web, 3rdParty Sites & (OTAs) Qualifications What We re Looking For (Minimum qualifications) 2 years revenue management experience in the vacation rental or traditional hospitality industryProficient with MS Office, especially ExcelDirect experience using Property Management Software Education Requirements Bachelor's degree Type Full Time, Salaried, Exempt Location Remote Benefits Include Competitive PayHealth Insurance: Medical, Dental, Vision and Prescription PlansHealth Savings AccountsFlexible Spending AccountDependent Flexible Spending AccountCritical IllnessAccidentRetirement Savings Plan (401K) with discretionary company matchShort and Long Term DisabilityCompany Paid $25,000.00 life insuranceSupplemental Life and AD&D InsuranceEmployee Assistance ProgramPaid HolidaysPaid VacationPaid Volunteer TimeInhabit Employee Discount Programs Our Company is an Equal Opportunity Employer and complies with all federal, state, and local laws, including providing reasonable accommodations to applicants.#J-18808-Ljbffr

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