Revenue Manager jobs in Knoxville, TN

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 Inhabit.com.

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 improve
• performance.
• Effectively communicate the current selling strategies and necessary updates to impacted departments
• Provide client with regular updates on company performance at minimum to include market share, market
• segmentation, channel metrics, etc.
• Analyze past and current trends to develop strategies that will be used to capture market share and drive
• profitability; track performance of these strategies as they materialize to evaluate continued or future
• implementation.
• 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 and
• any new tools or reports developed.
• Drive Market Share and Revenue Performance through proper pricing, inventory controls and mix
• management.
• 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 and
• specific 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, and
• share key learnings.
• Review and analyze reports weekly and monthly basis with client. Identify and implement strategies for
• future demand scenarios.
• Compile Weekly Analysis Reports to analyze key drivers of market share performance and understand
• overall effectiveness of strategies.
• Proactively identify and analyze peak days and shoulder days talking into consideration past performance
• as well as new industry trends. Possible strategies include LOS restriction and price decisions.
• Coordinate optimization opportunities for incremental revenue and market share growth with relevant
• marketing contacts.
• Effectively manage inventory and pricing strategy on all distribution channels including Branded Web, 3rd
• Party Sites & (OTAs)

What We’re Looking For (Minimum qualifications)

• 2 years revenue management experience in the vacation rental or traditional hospitality industry
• Proficient with MS Office, especially Excel
• Direct experience using Property Management Software

Education Requirements

• Bachelor's degree

Type

• Full Time, Salaried, Exempt

Location

• Panama City Beach, FL (Hybrid)

Benefits Include

• Competitive Pay
• Health Insurance: Medical, Dental, Vision and Prescription Plans
• Health Savings Accounts
• Flexible Spending Account
• Dependent Flexible Spending Account
• Critical Illness
• Accident
• Retirement Savings Plan (401K) with discretionary company match
• Short and Long Term Disability
• Company Paid $25,000.00 life insurance
• Supplemental Life and AD&D Insurance
• Employee Assistance Program
• Paid Holidays
• Paid Vacation
• Paid Volunteer Time
• Inhabit 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.