Revenue Manager

Duties and Responsibilities

• Build and maintain strong relationship with hotel ownership and management
• Lead regularly scheduled revenue strategy virtual meetings based on contracted service level
• Generate and analyze performance reports; develop and communicate recommended strategies to hotel management
• Implement approved recommendations including, but not limited to setting and managing:
• Daily, seasonal and event pricing by room type
• Inventory allocations and restrictions
• Brand and online promotions
• Negotiated and transient rates
• Conduct competitor pricing analysis to understand competitive position, highlighting threats and opportunities and give recommendations accordingly
• Monitor systematic inventory restriction parameters, identifying opportunities to loosen or tighten restrictions
• Conduct displacement analysis and give recommendations on negotiated business
• Maintain channel parity
• Review and adjust channel/mix of business strategy
• Collaborate with other departments including Sales & Marketing, Operations, Distribution, etc.
• Complete special projects, participate on department committees and perform other responsibilities as assigned

Qualifications

• Minimum 2-4 years' experience in hotel revenue management, preferably as a Revenue Manager
• Bachelors degree in hospitality, business, or related field preferred
• Working knowledge of hotel/industry systems including PMS, CRS, OTA extranets, etc
• Ability to communicate confidently and clearly, both written and verbally including ability to strategically influence others
• Strong technical, analytical, and problem-solving skills
• Proficient in Microsoft Excel with preferred knowledge of Power BI
• Ability to effectively follow up on multiple projects
• Ability to present analysis to all levels of management in a variety of settings
• Must be able to work independently
• Strong time management skills and ability to prioritize work
• Able to travel up to 10% of time