Description
COMPANY OVERVIEW:
VRM Advocate is a dynamic and growing vacation rental consulting company dedicated to maintaining strong relationships with our clients, helping them grow revenue, streamline processes & secure a better work/life balance. We aim to stand out in the competitive vacation rental market through innovative strategies and outstanding service, as well as provide hands on support and guidance for management companies.
Apply today if you’re ready to grow with us.
POSITION SUMMARY:
Join VRM Advocate as a Revenue Manager
As an Independent Contractor Revenue Manager, you will be responsible for analyzing, strategizing, and implementing pricing and revenue optimization tactics for a portfolio of vacation rental properties in a number of different destinations and markets.
You will work remotely, leveraging your expertise to ensure our clients remain competitive in their markets and achieve their revenue goals. To succeed in this role, you will need the ability to develop creative solutions to optimize revenue during high competition periods as well as low demand times, and the capacity to respond quickly to changing market conditions, emerging trends, and competitor actions. A familiarity with managing revenue management for multiple properties and markets simultaneously is a plus!
The ideal candidate will be highly organized and capable of working independently, especially in remote roles. If you have strong analytical and critical thinking skills to interpret complex data and identify trends, we look forward to hearing from you!
Apply now, and take the next step in your sales career with VRM Advocate. We can’t wait to welcome you to the team!
RESPONSIBILITIES:
- Pricing Strategy: Develop and implement dynamic pricing strategies tailored to each property, market, and season.
- Market Analysis: Conduct regular market research to monitor competition, demand trends, and pricing shifts.
- Performance Monitoring: Track and analyze booking patterns, revenue performance, and occupancy rates to identify areas for improvement.
- Forecasting: Create and update revenue forecasts to support decision-making for clients.
- Client Reporting: Prepare detailed revenue reports for clients, highlighting successes, trends, and actionable recommendations.
- Technology Management: Utilize a variety of property management systems (PMS), dynamic pricing tools, data collection & analysis tools, and channel management platforms to optimize revenue & occupancy.
- Collaboration: Work closely with clients & other team members to align revenue goals with operational strategies.
- Promotional Insights: Recommend discounting, promotional offers, and other tactics to improve occupancy during low-demand periods.
QUALIFICATIONS:
- 2 years previous experience in the vacation rental management industry / hospitality required
- Experience with dynamic pricing tools like PriceLabs, Beyond Pricing, or Wheelhouse.
- Ability to forecast demand, pricing strategies, and revenue outcomes effectively.
- Familiarity with data analytics tools such as Key Data
- Knowledge of vacation rental platforms like Airbnb, VRBO, Booking.com, and Expedia.
- Excellent written and verbal communication skills to explain data insights and strategies to stakeholders, including property owners.
- Strong client relationship management skills.
- Ability to prioritize tasks and manage time effectively to meet deadlines.
COMPENSATION & BENEFITS:
Annual Salary: $30,000 - $33,000 based on experience and achievement