Conduct thorough market analysis and research to identify potential opportunities for growth in designated destinations.
Stay abreast of industry trends, competitor activities, and market demands to inform contracting strategies.
Utilize extranet tools and negotiation skills to directly contract with hotels, ensuring favorable terms, rates, and inventory allocation.
Develop and maintain strong relationships with hotel partners to maximize mutual benefits and enhance our competitive position.
Negotiate competitive rates, discounts, and value added amenities with hotel partners to secure preferential pricing for our clients.
Ensure that contracted rates align with market demands and client expectations while maintaining profitability for the company.
Manage the entire contracting process, from initial negotiations to contract execution and renewal.
Ensure all contractual agreements are accurately documented, compliant with company policies, and effectively communicated to relevant stakeholders.
Collaborate closely with internal stakeholders, including sales, operations, and product teams, to align contracting efforts with business objectives and client needs.
Provide regular updates and reports on market trends, contracting activities, and performance metrics.
Ensure compliance with legal and regulatory requirements governing hotel contracts, including data privacy, antitrust laws, and industry standards.
Mitigate potential risks associated with contract negotiations and maintain a thorough understanding of contractual terms and conditions.