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The differences between revenue managers and managers, strategy can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a revenue manager and a manager, strategy. Additionally, a manager, strategy has an average salary of $109,831, which is higher than the $86,270 average annual salary of a revenue manager.
The top three skills for a revenue manager include revenue cycle, reservations and customer service. The most important skills for a manager, strategy are project management, portfolio, and client facing.
| Revenue Manager | Manager, Strategy | |
| Yearly salary | $86,270 | $109,831 |
| Hourly rate | $41.48 | $52.80 |
| Growth rate | 10% | 10% |
| Number of jobs | 110,405 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
A strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
Revenue managers and managers, strategy have different pay scales, as shown below.
| Revenue Manager | Manager, Strategy | |
| Average salary | $86,270 | $109,831 |
| Salary range | Between $59,000 And $124,000 | Between $78,000 And $152,000 |
| Highest paying City | Novato, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Technology | Technology |
There are a few differences between a revenue manager and a manager, strategy in terms of educational background:
| Revenue Manager | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between revenue managers' and managers, strategy' demographics:
| Revenue Manager | Manager, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 41.6% Female, 58.4% | Male, 64.7% Female, 35.3% |
| Race ratio | 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% | 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 Percentage | 10% | 10% |