Post job

Manager-strategic planning vs revenue manager

The differences between managers-strategic planning and revenue managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a manager-strategic planning and a revenue manager. Additionally, a manager-strategic planning has an average salary of $123,429, which is higher than the $86,270 average annual salary of a revenue manager.

The top three skills for a manager-strategic planning include project management, portfolio and business development. The most important skills for a revenue manager are revenue cycle, reservations, and customer service.

Manager-strategic planning vs revenue manager overview

Manager-Strategic PlanningRevenue Manager
Yearly salary$123,429$86,270
Hourly rate$59.34$41.48
Growth rate10%10%
Number of jobs105,312110,405
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 63%
Average age3939
Years of experience1010

What does a manager-strategic planning do?

Manager-strategic planning is in charge of devising strategies to help a company navigate through its short and long-term goals. Their responsibilities revolve around performing research and analysis to identify the strengths and weaknesses of company operations, determine the needs of every department, and develop strategic solutions for optimal services. They may also perform risk assessments, analyze the performance of competitors, evaluate the performance of the workforce, and recommend new policies, all in adherence to the company's vision and mission.

What does a revenue manager do?

A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.

Manager-strategic planning vs revenue manager salary

Managers-strategic planning and revenue managers have different pay scales, as shown below.

Manager-Strategic PlanningRevenue Manager
Average salary$123,429$86,270
Salary rangeBetween $87,000 And $173,000Between $59,000 And $124,000
Highest paying CityLas Vegas, NVNovato, CA
Highest paying stateNevadaCalifornia
Best paying companySheppard Mullin Richter & HamptonMeta
Best paying industryMediaTechnology

Differences between manager-strategic planning and revenue manager education

There are a few differences between a manager-strategic planning and a revenue manager in terms of educational background:

Manager-Strategic PlanningRevenue Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Manager-strategic planning vs revenue manager demographics

Here are the differences between managers-strategic planning' and revenue managers' demographics:

Manager-Strategic PlanningRevenue Manager
Average age3939
Gender ratioMale, 67.2% Female, 32.8%Male, 41.6% Female, 58.4%
Race ratioBlack or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage10%10%

Differences between manager-strategic planning and revenue manager duties and responsibilities

Manager-strategic planning example responsibilities.

  • Lead central team summarizing and prioritizing all DOD opportunities, enabling more efficient and effective resource allocation across several program departments.
  • Task with measuring marketing effectiveness and return on investments (ROI) on financial services products.
  • Initiate physician service product lines for comparability of physician services and ROI for each service line.
  • Develop several modifications, reports, and system enhancements for existing legacy MRP system.
  • Manage the development of strategic initiatives from concept to execution including the store format portfolio, international partnership and OmniChannel opportunities.
  • Maintain successful ISO certification through two 3rd party audits.
  • Show more

Revenue manager example responsibilities.

  • Manage room availability and rates on a daily basis within the PMS, OTA and CRS to maximize room revenue.
  • Manage OTA channel partners and perform market analysis including monitoring trends, need periods, promotional opportunities and rate parities.
  • Manage and oversee performance of all OTA and contract rates ensuring the hotel is positioned correctly base on changing demand.
  • Maintain spreadsheets and ERP applications to analyze and manage collections for manufacturers regarding all aspects of receivables.
  • Evaluate group booking opportunities for pattern and placement and provide pricing recommendations to ensure maximum revenue potential is achieved.
  • Manage accounts receivable accountants performing monthly accounting closes, reconciliations, and revenue and billing subsystem adjustments and maintenance.
  • Show more

Manager-strategic planning vs revenue manager skills

Common manager-strategic planning skills
  • Project Management, 9%
  • Portfolio, 8%
  • Business Development, 7%
  • Strategic Plan, 5%
  • Financial Analysis, 5%
  • Corporate Strategy, 5%
Common revenue manager skills
  • Revenue Cycle, 11%
  • Reservations, 8%
  • Customer Service, 7%
  • Patients, 6%
  • Cycle Management, 6%
  • Revenue Management, 5%

Browse executive management jobs