Area Director of Revenue Management
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Job Details
Opportunity: Area Director of Revenue Management
Develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of four 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 Revenue Management meetings involving rate and inventory strategies, 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 EarthView program.
Practice safe work habits, wear protective safety equipment and follow
MSDS 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.
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.
Hersha Hospitality Management (HHM) is an industry-leading and growing hotel management, investment, and development firm that provides turn-key management solutions to hotels across the United States. HHM manages world class brands in the select service and full service markets as well as a collection of independent, boutique hotels in key markets.
Join the Legacy of Strength!
Hersha's legacy is built upon a strong foundation of core values: honesty, communication, community, personal growth and achievement. Hersha's rapid growth, focus on associate development and its commitment to serve our guests, our associates and the local communities we work in, combine to make Hersha associates the strongest in our industry.
Serve. Stretch. Succeed.
Hersha believes if you serve our guests, your fellow associates and our local community, stretch yourself on the job and take advantage of many promotional opportunities, you will ultimately achieve professional success. As we grow, you grow.
Develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of four 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 Revenue Management meetings involving rate and inventory strategies, 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 EarthView program.
Practice safe work habits, wear protective safety equipment and follow
MSDS 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.
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.
Hersha Hospitality Management (HHM) is an industry-leading and growing hotel management, investment, and development firm that provides turn-key management solutions to hotels across the United States. HHM manages world class brands in the select service and full service markets as well as a collection of independent, boutique hotels in key markets.
Join the Legacy of Strength!
Hersha's legacy is built upon a strong foundation of core values: honesty, communication, community, personal growth and achievement. Hersha's rapid growth, focus on associate development and its commitment to serve our guests, our associates and the local communities we work in, combine to make Hersha associates the strongest in our industry.
Serve. Stretch. Succeed.
Hersha believes if you serve our guests, your fellow associates and our local community, stretch yourself on the job and take advantage of many promotional opportunities, you will ultimately achieve professional success. As we grow, you grow.
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 Revenue Management meetings involving rate and inventory strategies, 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 EarthView program.
-Practice safe work habits, wear protective safety equipment and follow
MSDS 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.
-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 Revenue Management meetings involving rate and inventory strategies, 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 EarthView program.
-Practice safe work habits, wear protective safety equipment and follow
MSDS 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.
Additional Details
No
Applicants who do not already have legal permission to work in the United States will not be considered.
No
Yes
No
Hotel/Resort
Revenue Management