Summary
Overview
Work History
Education
Skills
Websites
Certification
Timeline
Generic

Parth Malhotra

Adelaide

Summary

Experienced revenue management professional with 8 years of expertise in the hospitality industry. Skilled in business planning, sales and marketing, strategy, distribution, e-commerce, people management, and system implementation. A keen planner and strategic thinker, always open to learning and adopting best practices from mentors and others to tackle difficult situations and drive business results for profit and growth. Firmly believes in making decisions based on logical facts while fostering teamwork with a passion for excellence. Strong focus on systems and processes to ensure consistent high performance.

Overview

10
10
years of professional experience
1
1
Certification

Work History

Revenue Manager

The Playford Hotel Pty Ltd
04.2024 - Current

· Developing and executing comprehensive marketing plans and pricing strategies for the entire hotel to maximize revenue and achieve optimal occupancy.

· Conducting in-depth analysis of consumer behaviour, market trends, historical data, and competitor pricing to forecast demand and implement data-driven marketing campaigns, promotional offers, and strategic pricing initiatives.

· Designing and delivering targeted marketing campaigns, special offers, and promotional packages to drive bookings, enhance brand awareness, and stimulate demand during need periods.

· Managing and optimizing performance across all distribution channels, including the hotel's brand website, online travel agencies (OTAs), and global distribution systems (GDS), to expand reach and maximize revenue.

Revenue Manager

Stamford Hotels and Resorts
10.2022 - 03.2024
  • Responsible for the Revenue Management & Distribution function at Stamford Plaza, Adelaide (335 Keys)
  • Spearheaded targeted promotional campaigns and strategic partnerships with OTAs, leading to a 18% rise in direct bookings and consistently being top performer on OTAs when compared within compset and market
  • Introducing data-driven forecasting models to accurately predict demand patterns, enabling proactive inventory management and optimizing room pricing to capture untapped revenue opportunities
  • Collaborating cross-functionally with sales, marketing, and operations teams to align revenue strategies with overarching business objectives, fostering a cohesive and results-driven approach
  • Weekly RevMax meeting with all stakeholders to review the overall performance, identify new opportunities and action plans

Revenue Manager at Taj City Centre New Town, Kolkata

The Indian Hotels Company Limited (IHCL)
11.2021 - 08.2022
  • Responsible for the Pre-opening and Revenue Management function for 3 new properties in Kolkata, West Bengal, India
  • Formed pre-opening business strategy for the three hotels
  • Prepared overall hotel budget and Revenue Management and distribution capex for Taj City Centre New Town and Raajkutir IHCL SeleQtions
  • Setup of CRS (SynXis), PMS (Opera), OTAs Setup, & HRO office was done to ensure smooth and seamless systems are in place
  • Managed relationship with owners and conducted monthly performance review with owners
  • Weekly Meeting with IHCL Corporate Pre-opening Team to review the overall progress, performance and opportunities ahead

Revenue Manager - Vivanta Langkawi, Rebak Island

The Indian Hotels Company Limited (IHCL)
07.2019 - 11.2021
  • Overall, I was responsible for looking after the Revenue Management and Distribution function for Vivanta Langkawi, Rebak Island Malaysia
  • To develop, implement, monitor, and control all sales strategies for resort
  • Prepare price matrices for all the segments and guide sales team accordingly
  • Stimulate business in low demand periods through attractive packages, promotions and marketing initiatives as required
  • To provide inputs and to supervise the reservation team in their daily tasks including training, counsel, oversee performance reviews, resolving problems and recommending discipline as appropriate
  • Plan monthly social media calendar as per the market trends and digital marketing initiatives

Assistant Revenue Manager - Cluster Hotels

The Indian Hotels Company Limited (IHCL)
04.2018 - 07.2019
  • Responsible for the Revenue Management and distribution function for 3 hotels
  • Taj Falaknuma Palace, Hyderabad, India | Vivanta MG Road, Vijayawada, India | The Gateway Hotel Beach Road, Visakhapatnam, India

Hotelier Development Program (Management Training Program) - Revenue Management & Distribution

The Indian Hotels Company Limited (IHCL)
08.2016 - 03.2018
  • Company Overview: The prestigious Management Training program by IHCL was for 18 months, where I went through the various phases and got exposure of all the operational department and got specialised in Revenue Management & Distribution function
  • The prestigious Management Training program by IHCL was for 18 months, where I went through the various phases and got exposure of all the operational department and got specialised in Revenue Management & Distribution function
  • CSR Phase (2 Months) - Mobilization and Placement for Taj Tata Strive Skill Building Centre, Varanasi
  • Revenue Management (8 Months) - IHCL, Corporate Office
  • Shadow Manager Phase (8 Months) - Taj Palace, New Delhi and Taj Falaknuma Palace, Hyderabad
  • The prestigious Management Training program by IHCL was for 18 months, where I went through the various phases and got exposure of all the operational department and got specialised in Revenue Management & Distribution function

Internship at Taj Palace, New Delhi - Revenue Management & Distribution

Taj Hotels
06.2015 - 04.2016
  • Got familiarised with System knowledge, process and market intelligence
  • Learned and understood the basic concepts of Revenue Management
  • I helped in testing and deployment of new Revenue Management System across the organisation
  • (IDeas Revenue Management System)

Education

Masters of Business Administration - Marketing

University of Adelaide
Adelaide, SA
08-2024

Bachelor of Arts - Hotel Management

The University of Huddersfield
Institute Of Hotel Management, Aurangabad
07-2016

Skills

  • Social Media Marketing
  • Consumer Behaviour
  • Customer Experience
  • Pricing strategy
  • Leadership
  • People Management
  • Business Development
  • Stakeholder Management
  • Corporate Social Responsibility
  • Finance
  • Management Trainee
  • Customer segmentation
  • Competitor analysis
  • Business intelligence
  • Sales channel optimization
  • Revenue growth planning

Certification

  • The Fundamentals of Revenue Management: The Cornerstone of Revenue Strategy, ESSEC Business School, https://www.coursera.org/account/accomplishments/certificate/ZGBFS6M5FLCZ
  • The Hotelier Development Program (Management Training Program), The Indian Hotels Company Limited (IHCL)
  • Revenue Management Concepts and IDeas Pricing System Workshop, IDeaS Revenue Solutions
  • Demand Management: Breaking down today's commercial silos, ESSEC Business School, SZN3STLYM4CM

Timeline

Revenue Manager

The Playford Hotel Pty Ltd
04.2024 - Current

Revenue Manager

Stamford Hotels and Resorts
10.2022 - 03.2024

Revenue Manager at Taj City Centre New Town, Kolkata

The Indian Hotels Company Limited (IHCL)
11.2021 - 08.2022

Revenue Manager - Vivanta Langkawi, Rebak Island

The Indian Hotels Company Limited (IHCL)
07.2019 - 11.2021

Assistant Revenue Manager - Cluster Hotels

The Indian Hotels Company Limited (IHCL)
04.2018 - 07.2019

Hotelier Development Program (Management Training Program) - Revenue Management & Distribution

The Indian Hotels Company Limited (IHCL)
08.2016 - 03.2018

Internship at Taj Palace, New Delhi - Revenue Management & Distribution

Taj Hotels
06.2015 - 04.2016

Masters of Business Administration - Marketing

University of Adelaide

Bachelor of Arts - Hotel Management

The University of Huddersfield
Parth Malhotra