Req # 3711BR
Job Title Area Director of Revenue Management
Position Type Full Time - Regular
Location Name Sage Hospitality Home Office
Why Us Sage Hospitality is set to hire an Area Director of Revenue Management based at the Home Office in Denver, CO. This position will oversee the revenue management strategies at the JW Marriott Cherry Creek and Courtyard Marriott Denver Downtown. You will continue to evolve the positioning of the hotel’s to become the preferred destination in the market for travelers and group business alike. This is an exciting opportunity for an industry revenue leader who will provide tactical direction and thrives in a creative, results-driven environment.
Founded in 1984, Sage Hospitality set out to be the best hotel owner and operator in the business. We’re talking figuratively, progressively and aggressively breaking the mold of the hospitality industry. As one of the U.S’s top hospitality management, investment and development companies, Sage is on a fast trajectory of growth and performance. Building upon what we do best—establishing some of the best hotels and restaurants in the world. We are headquartered in Denver, Colorado, surrounded by high-performing investments from coast to coast. With the advantage of hands-on experience, we’re also changing the way luxury in the hotel world looks. Developing modern, independent hotels with unique style, artistry and branding—creating places that people go to, not through.
This role will report to the Senior Director of Revenue Management as well as partnering with collaborative executive committee teams that takes pride in excellence and is a great steward of the hotel and its community.
Your success will be measured by your ability to:
• Create and execute strategies and tactics that will result in achievement of optimized revenue, profit and RevPAR growth
•The ability to present business results and interface with a sophisticated ownership groups
• Work in collaboration with corporate executives, divisional staff and property General Managers to optimize revenue, profit and RevPAR growth
Our ideal candidate has proven revenue management experience in a full service hotel environment, a complete understanding of the strategic application of revenue management principals, expertise and proven track record in developing and deploying pricing strategies that increase market share, optimize revenue, profit and RevPAR growth. Brand experience within Marriott revenue systems is preferred.
The Area Director of Revenue Management is responsible for the maximization of revenue, profit, and market share associated with rooms and function space for multiple hotels. Demonstrates excellent leadership skills by educating others and ensures understanding and gains buy-in of the revenue management processes associated with demand, revenue, forecasting, opportunity analysis, and inventory management. Works with hotel leaders to recommend and identify future markets, hotel opportunities, guide hotels sales strategy and pricing for transient, group, and catering.
Dealing with Ambiguity
Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn’t upset when things are up in the air; doesn’t have to finish things before moving on; can comfortably handle risk and uncertainty.
Is cool under pressure; does not become defensive or irritated when times are tough; is considered mature; can be counted on to hold things together during tough times; can handle stress; is not knocked off balance by the unexpected; doesn’t show frustration when resisted or blocked; is a settling influence in a crisis.
Relates well to all kinds of people – up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can defuse even high-tension situations comfortably.
Building Effective Teams
Blends people into teams when needed; creates strong morale and spirit in his/her team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team.
Excellent knowledge of transient, group, and catering customer segments.
Excellent personal management skills; time management, meeting deadlines, effective communication and presentations skills.
Excellent understanding of total hotel revenue management concepts, processes, and systems.
Understands both Brand strategies and cultures.
Knowledge of advanced revenue management techniques.
Must be extremely confidential and able to manage sensitive and confidential situations tactfully.
Negotiate, convince, sell and influence professionals and or associates.
Ability to work under pressure and have the ability to complete multiple tasks simultaneously. Excellent reading and effective writing abilities for completing paperwork and management reports, giving and receiving instructions, review and preparation of all documentation and training
Excellent mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances
Excellent hearing required to discern/resolve employee complaints, issues and participation in meetings for feedback.
Excellent vision required - 100% in review preparation of all documentation - applications, write-ups, reviews.
Sitting 85%, Walking 5%, Standing 5%, bending, kneeling, lifting, climbing 5%
Travel – 30-50% travel to hotel properties required.
Four year degree preferred.
Experience3-5 years of Revenue Management experience required
Multi-property experience preferred, but not required.
Operate calculator, telephone, facsimile, computer and copier.
Prolonged sitting throughout entire shift at computerized workstation in office environment.
We are proud to be an EEO/AA employer M/F/Disabled/Veterans. We maintain a drug-free workplace and perform pre-employment substance abuse testing.