We are currently seeking a qualified Area Director of Revenue Management for our two premier hotels in South Florida. The Palm Beach Gardens Marriott and Boca Raton Renaissance.
The qualified candidate will optimize rooms revenue through the development and implementation of effective inventory management and pricing strategies.
Complete all required forecasts, daily, weekly, monthly and annually with a 3% accuracy (30 days +)
Analyze reports to understand future demand forecast and past trends and translate this information to set/adjust strategies leading to increased market share.
Optimize RevPAR by analyzing/forecasting demand and establishing effective selling strategies, oversell strategies, and optimal market mix, including group, transient, wholesale revenues etc.
Manage and update current selling strategies and product information in all available distribution channels/reservation sources (onsite, third-party reservation providers, call centers, websites, etc.)
Facilitate Daily and Weekly Sales and Revenue Strategy meetings
Conduct ongoing competitor price and product analyses to ensure proper rate positioning and product offering relative to competition.
Active participant in all pricing decisions for transient, group, and wholesale segments
Work with the hotel DOSM and hotel team to establish strategies to increase revenues.
Contribute to the financial success of the hotel via participation in annual budgeting and sales and marketing plan process
Generate and distribute daily, weekly, and monthly revenue management reports and present results from all segments including internet channels
Maintain historical statistical data from all distribution channels, in all market segments
Continually monitor all pertinent travel related websites to ensure competitiveness in both availability and price
Requires a minimum of 2 year(s) of experience.
Must have experience at properties of similar size and quality. Experience with MARSHA, PMS and DELPHI preferred.