Cove
Cove is a company that offers co-living accommodations in Singapore, providing stylish, fully furnished rooms and apartments for short or long-term stays. Catering to a variety of residents, including students and working professionals, Cove emphasizes community living with modern amenities, flexible contracts, and strategic locations near MRT stations. They offer various options, from short city stays to long-term leases, and boast a range of properties equipped with essential living facilities. Cove also provides corporate housing solutions and property management services, aiming to deliver a seamless living experience through active community engagements and events.
Living • Interior Design • Rental • Home • Community
Revenue Manager
March 19
Cove
Cove is a company that offers co-living accommodations in Singapore, providing stylish, fully furnished rooms and apartments for short or long-term stays. Catering to a variety of residents, including students and working professionals, Cove emphasizes community living with modern amenities, flexible contracts, and strategic locations near MRT stations. They offer various options, from short city stays to long-term leases, and boast a range of properties equipped with essential living facilities. Cove also provides corporate housing solutions and property management services, aiming to deliver a seamless living experience through active community engagements and events.
Living • Interior Design • Rental • Home • Community
📋 Description
•Revenue Management Execution •Develop and implement revenue management strategies for each property in Singapore portfolio, ensuring alignment with overall goals •Daily pick up analysis, strategy adjustment and reporting •Manage pricing, inventory, and distribution strategies to maximize revenue performance •Forecasting, Reporting and Budget •Create and manage forecasts, ensuring accuracy, and alignment with budget goals •Provide support for the budget plan creation and participates in budget review •Deliver regular performance updates to property and broader teams •Provide weekly dynamic forecast of expected result, variances and budget •Channel and Distribution Optimization •Monitor and manage rates, availability and channel performance across all distribution platforms including OTAs •Ensure rate parity and maintain competitive positioning within market •System Utilization •Ensure optimal use of RMS and PMS system, maintaining data integrity and accuracy •Recommend and implement systems enhancements to improve efficiency and decision making •Market Competitor Analysis •Conduct regular market research and competitor analysis to identify trends and opportunities •Provide recommendations for tactical action to stay competitive and drive incremental revenue •Collaboration with Property Teams •Work closely with property managers and sales teams to align revenue strategies •Support on property team with tools and process, guidance with revenue management •Promotions and Tactical Campaigns •Collaborate with sales and marketing team to create and execute promotional campaigns •Participate and manage campaigns in OTAs to improve visibility and revenue •Monitor and evaluate campaigns performance, providing feedback to future improvements •Performance and Monitoring •Track and analysis daily, weekly and monthly performance metrics for all short-term stay properties •Identify areas for improvements and implementation corrective action •Analyse overall property performance and provide summary report with recommendation to improve long term strategies •Training and Developments •Provide ongoing training to operation and sales teams on revenue management processes, tools and best practice •Act as a resource for short-term stay business to ensure continuous learning and improvement
🎯 Requirements
•Bachelor’s degree •5-7 years of experience in Pricing, Revenue Management, or Yield Management in hospitality, co-living, or real estate. •Singapore market knowledge preferred •Advanced Excel, Google Sheets, and data analytics skills. •Strong grasp of demand forecasting, rate elasticity, and rental market trends. •Strong problem-solving and strategic decision-making skills in a fast-paced environment. •Ability to communicate pricing strategies to non-technical stakeholders. •Detail-oriented with a data-driven, proactive approach to revenue optimization.
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