Director Of Revenue Management
The Director of Revenue Management is responsible for identifying and maximizing all potential revenue opportunities for the hotel. In today's lodging environment, understanding channel and yield management is critical for maximizing revenues. The Director of Revenue Management is responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share. This includes the analysis of revenue potential generated by the transient and group market segments as well as the market segmentation within transient and group. One will combine this with catering and space utilization as well as other revenue considerations (i.e.: golf, spa, etc.) in order to determine the appropriate mix of business to achieve revenue potentials every day of every year. Responsibilities include establishing hotel pricing levels in all segments and all room types, responsible for the daily room inventory management process and daily pricing process, monitoring competitor rates, positioning, strategies and data; maintaining understanding of the dynamics of the local market and demand generators and presenting appropriate action plans to management, and more. Qualifications include minimum of 4 years experience in the Revenue Management field, Bachelor's Degree, in-depth knowledge of all industry reports such as STR, Agency 360, Demand 360, OTA Insights etc., proficient in Microsoft Excel, Word, Power Point, ability to work quickly in a high-pressure & high stress environment, ability to communicate clearly both verbally and in writing, excellent time management skills, exceptional with details and follow up, flexible and long hours sometimes required.
The Director of Revenue Management is responsible for identifying and maximizing all potential revenue opportunities for the hotel. In today's lodging environment, understanding channel and yield management is critical for maximizing revenues. The Director of Revenue Management is responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share. This includes the analysis of revenue potential generated by the transient and group market segments as well as the market segmentation within transient and group. One will combine this with catering and space utilization as well as other revenue considerations (i.e.: golf, spa, etc.) in order to determine the appropriate mix of business to achieve revenue potentials every day of every year. Responsibilities include establishing hotel pricing levels in all segments and all room types, responsible for the daily room inventory management process and daily pricing process, monitoring competitor rates, positioning, strategies and data; maintaining understanding of the dynamics of the local market and demand generators and presenting appropriate action plans to management, and more. Qualifications include minimum of 4 years experience in the Revenue Management field, Bachelor's Degree, in-depth knowledge of all industry reports such as STR, Agency 360, Demand 360, OTA Insights etc., proficient in Microsoft Excel, Word, Power Point, ability to work quickly in a high-pressure & high stress environment, ability to communicate clearly both verbally and in writing, excellent time management skills, exceptional with details and follow up, flexible and long hours sometimes required.