Job Title: Group Revenue Manager Department: Business Development
Reports to: Director of Business Development
Location: On site - Paphos, Cyprus
Employment Type: Full-time, Permanent
Thanos Hotels & Resorts is seeking to recruit a Group Revenue Manager.
About Thanos Hotels & ResortsThanos Hotels & Resorts is a privately owned, independent lifestyle hotel brand inspired by the vibrant spirit of the Mediterranean. Blending energy and elegance with serenity and style, Thanos Hotels & Resorts creates environments where fun, freedom, and authentic hospitality come together seamlessly. Driven by a passion for excellence and innovation, the brand is renowned for its guest-centric approach and proven operational expertise.
Position Overview
The Group Revenue Manager is responsible for developing, implementing, and overseeing revenue management strategies across all Thanos Hotels & Resorts properties, maximizing revenue, profitability, and market share for each hotel and for the Group as a whole. The position requires a strong commercial mindset, analytical expertise, and an in-depth understanding of market dynamics, customer behavior, and distribution channels.
Key Responsibilities
Develop and implement effective pricing, forecasting, and revenue optimization strategies for each property, maximizing revenue and profitability across the Group.
Monitor market trends, competitor performance, booking patterns, and demand fluctuations to identify business opportunities.
Manage room inventory, distribution channels, and online sales strategies to ensure optimal availability and market positioning.
Set up and maintain rates, restrictions, and inventory across the PMS, channel manager, booking engine, and OTAs, ensuring rate parity and data accuracy for every property.
Analyze key performance indicators, including Occupancy, ADR, RevPAR, and revenue forecasts, and take corrective action when required.
Prepare accurate revenue forecasts, budgets, and performance reports, providing strategic recommendations to the Board, Group senior management, and hotel General Managers.
Collaborate closely with hotel General Managers and the Sales, Marketing, Reservations, Front Office, and Finance teams to maximize revenue opportunities and achieve commercial objectives.
Review group bookings, corporate rates, tour operator contracts, and promotional offers to ensure optimal profitability.
Manage tour operator allotments, release periods, and contracted rates, working closely with Sales and Contracting on new and renewed agreements.
Manage relationships with key OTA partners and make effective use of promotions, visibility programmes, and marketing opportunities.
Monitor booking pace, cancellation trends, and market demand to adjust pricing strategies and maximize revenue potential.
Evaluate distribution channel performance and optimize the channel mix to improve profitability and minimize acquisition costs.
Conduct regular competitor benchmarking and market analysis to maintain each property’s competitive position within its market.
Lead pricing and distribution strategy for new hotel openings and properties joining the Group.
Develop and standardize revenue management processes, tools, and reporting across the Group, and train and support Reservations and Front Office teams on revenue practices.
Ensure all revenue management practices support the Group’s financial objectives, brand positioning, and five-star service standards.
Perform any other duties and responsibilities related to the position as assigned by the Director of Business Development.
Qualifications & Experience
Bachelor’s degree in Hospitality Management, Business Administration, Finance, Economics, or a related discipline.
Minimum 5 years of relevant experience in Revenue Management, preferably within a five-star hotel or luxury resort; experience managing revenue for multiple properties or a hotel cluster is a strong advantage.
Fluency in English; additional languages are considered an advantage.
Strong knowledge of revenue management principles, demand forecasting, dynamic pricing, market segmentation, and distribution strategies.
Experience in hotel Property Management Systems (PMS), Revenue Management Systems (RMS), channel managers, and booking engines, with advanced Microsoft Excel skills; experience with business intelligence tools (e.g. Power BI) and AI tools is an advantage.
Excellent analytical, numerical, organizational, and problem-solving skills.
Strong commercial awareness, attention to detail, and the ability to translate data into effective business strategies.
Ability to manage multiple properties and priorities simultaneously in a fast-paced environment.
Excellent communication and presentation skills, with the ability to collaborate effectively across departments and present recommendations to senior management.
Willingness to travel between the Group’s properties when needed.
What We Offer
Attractive remuneration package
Provident Fund
Staff discounts at Hotels & Kult Boutiques
Free meals on duty
Employee Appreciation Program and Reward Scheme
Great work-life balance
Comprehensive new staff induction programmes
Group-wide professional development opportunities across countries and properties
Continuous training opportunities
Group Revenue Manager at Corporate/Management - Thanos Hotels & Resorts - WebHR360
Thanos Hotels & Resorts is a privately owned, independently minded collection of lifestyle hotels (under the brand names Almyra, Anassa, Annabelle, Antasia, Amyth of Mykonos Agios Stefanos and Amyth of Nicosia) that conveys the energy and essence, serenity and style, fun and freedom of the Mediterranean.
Sophisticated and service-oriented, the group operates with heart and soul, social conscience and financial sense.
The Michaelides family has soulfully crafted every award-winning inch of the company since its inception in the early 1970s. Today, the Michaelides’ second generation hoteliers employ more than 1,100 people and centre their operations on an “extended family” concept: from treating the group’s management, staff and guests as part of the family unit to giving back to the local community. At the group’s core is a fervent commitment to quality, honesty, transparency, integrity, diversity, equality and the highest ethical standards.
