Area Director of Revenue Management - NYC & IC

Area Director of Revenue Management - NYC & IC

rittenhouse hotelNew York, NY

8 days ago

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Area Director Of Revenue Management Develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of hotels. Potential Career Path: Regional Director Of Revenue Management – Vice President Of Revenue Management
Essential Job Functions: Control room rates and availability in accordance with established guidelines to maximize occupancy and revenues. Develop, communicate and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policies Prepare for and conduct weekly commercial strategy meetings involving rate and inventory strategies, proactive strategies to drive top line through collaboration with the Sales, Digital and Operation disciplines as well as transient/group pace, competitive business analysis and financial forecasts. Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitability Measure and analyze booking trends, pickup, no shows, and sources of business Manage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results Work with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue management Establish and maintain meaningful external and internal relationships Interview, select, train, schedule, coach and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values. Follow sustainability guidelines and practices related to HHM's Earth View program. Practice safe work habits, wear protective safety equipment and followMSDS and OSHA standards. Perform other duties as requested by management.
Position Requirements: College Degree Preferred. At least 2 years of experience in the Revenue Management discipline.
HHM Hotels Benefits And Perks: Medical, Dental and Vision Health Insurance Paid Time Off 401k Company Match Free Basic Life Insurance Travel Discounts Quarterly Bonuses And Incentives Technology Reimbursements Employee Assistance And Wellness Program Educational/Professional Development Hybrid Work Options Work Environment And Context: Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard. Requires occasional to moderate travel. What We Believe: People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own ItHHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

Also on the board Same function, level within a rung

Level

Manager

Location

New York, NY

Occupation

Lodging Managers

Industry

Hotels (except Casino Hotels) and Motels

Posted

8 days ago

Apply for this role →