Contracts Manager
1 month ago
**Job Details**:
The Contracts Manager’s focus is to develop Direct hotels portfolio of WegoBeds and to maintain the products requirements and competitiveness within the designated area of responsibility.
Managing supplier relationship, partnership and contractual agreements maintenance FIT static and/or Dynamic commissionable agreements, as well as yielding and inventory management
Achieve the targeted number of hotels agreed and the budget of total transactional turnover value, Room nights production, and the Operating Margins of the assigned portfolio.
**Duties and Responsibilities**:
- Negotiate and conclude hotel contracts that meet key company criteria of competitive/exclusive rates, ready availability (allocation and/or free sale) and achievable commission levels.
- Maximize contract and destination performance through tactical flash sales, added-value deals and periodic special oGers.
- Regularly consult with Regional Head on product range and ongoing performance versus target
- Monitor competitor pricing and availability and respond accordingly
- Monitor and analyze production volumes to ensure adequate inventory.
- Identify promotional opportunities within designated destinations/region
- Identify and tackle issues regarding low performers
- Produce monthly destination report to reflect market trends and product needs to Regional Head
- Liaise with Pricing and Revenue teams to ensure maximum profit margins as and when necessary
- Ensure all contract administration is completed to company guidelines in an accurate and timely manner
- Ensure all hotel information content (photos/facilities/contact details) is accurate and up to date
- Manage supplier relationship throughout validity of contract (incl. closeouts/book outs) and liaise with relevant internal departments as required.
- Negotiate bookouts and bookings issues to minimize and void losses
- Assume responsibility for all aspects of ongoing account management. Develop strong relationships with key supplier decision makers
- Promote product internally and provide product recommendations as required - Work with suppliers and internal teams to maximize benefit of all BAR/FIT and Connectivity channels
- Liaise with suppliers and internal teams to benefit from wholesale/retail distribution channels
- Act as a solution provider in designated region
- Undertake regular business trips (and trade fair attendance as required)Carry out other administrative tasks, as and when required
- **Who you are**:
- Bachelor’s degree, in tourism studies or equivalent major.
- Fluency in English language is a must, multilingualism is preferable.
- Travel Trade Experience, Tourism industry and/or hospitality supported by proven contracting experience gained within OTA/Wholsale/BedBank/TO envoirement, with track record of meetings targets and delivering success.
- Comprehensive understanding of hotel distribution landscape
- 7 - 10 Years Contracting and yielding experience TA/OTA/DMC/WH
- B2B contracting experience in the designated destination
- Portfolio management
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