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Area Director of Revenue Management

Job Overview

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Employment Type

Full-time
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Compensation

Salary
Range $90,000.00 - $120,000.00
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Work Schedule

Standard Hours
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Benefits

Health Insurance
Dental Insurance
Paid Time Off
401(k) Plan
Employee Discounts
Professional development opportunities
wellness programs

Job Description

Hyatt Regency is a prestigious hotel brand renowned for its exceptional hospitality and strategic locations, particularly in areas rich with cultural and economic significance. The Hyatt Regency Baytown and Hyatt Regency Conroe are two standout properties within the Hyatt portfolio, each uniquely situated to offer guests an unparalleled Texas experience. Hyatt Regency Baytown serves as a catalyst for the development of Baytown's waterfront district, positioned at the base of the iconic Fred Hartman Bridge along the Houston Ship Channel. This hotel not only provides a strategic gateway entrance to the city of Baytown but also connects guests to nearby landmarks such as downtown Houston, Galveston, the Kemah Boardwalk, and the NASA Space Center. On the other hand, Hyatt Regency Conroe offers a serene getaway amid tall pines in Conroe's Grand Central Park, featuring modern amenities like an exposed kitchen restaurant, outdoor pool, and extensive event spaces. It is located conveniently close to downtown Conroe, Lake Conroe, and Bush Intercontinental Airport.

Hyatt prides itself on delivering exceptional customer service through caring and attentive associates focused on creating meaningful guest experiences. The company’s core values—empathy, integrity, respect, inclusion, experimentation, and wellbeing—are embedded in its workplace culture, ensuring all employees work in an environment that supports growth and diversity. The Area Director of Revenue Management position at these Hyatt Regency locations plays a critical role in the operational success and profitability of the hotels. Reporting directly to the general managers, this leadership position is responsible for maximizing overall hotel revenue, encompassing rooms and food and beverage, by implementing strategic pricing and distribution initiatives.

The Area Director of Revenue Management fosters collaboration between revenue analysts, reservations agents, and managers, providing mentorship and guidance to develop these teams effectively. They apply advanced revenue management techniques and analytics to outperform competitors and capture market share with competitive, data-driven pricing and distribution strategies. A vital part of the role is managing revenue forecasting, optimizing inventory for rooms and function spaces, and supporting marketing and sales strategies to meet overarching business goals.

This position entails a high level of interaction with senior and corporate leadership, including the presentation of financial and operational reports to ownership groups, allowing for informed strategic decision-making. Moreover, this role requires a strong grasp of hospitality market dynamics, competitor actions, and customer behaviors, turning these insights into actionable revenue opportunities. The role demands a professional adept in managing multiple properties, refining revenue streams, and aligning efforts across various hotel departments to drive continuous growth.

Overall, the Area Director of Revenue Management at Hyatt Regency Baytown and Conroe is a vital position for enhancing profitability and maintaining Hyatt’s reputation for excellence. The role offers an extraordinary opportunity for seasoned hospitality professionals with a proven track record in revenue management to make a significant impact within an internationally recognized brand that values its employees and fosters a supportive work environment.

Job Requirements

  • Minimum of 3 years of experience in revenue management field within the hospitality industry
  • Strong analytical skills with the ability to analyze complex data sets
  • Proficiency in revenue management systems, property management systems, and distribution channels
  • Excellent understanding of market dynamics and competitor activities
  • Demonstrated ability to develop and implement pricing strategies and inventory management tactics
  • Effective communication skills
  • Ability to collaborate across departments

Job Qualifications

  • Bachelor's degree in hospitality, business, or related field preferred
  • Minimum of 3 years experience in revenue management in the hospitality industry
  • Proven track record of driving revenue growth and optimizing profitability
  • Strong analytical skills with ability to interpret complex data
  • Proficiency in revenue management systems (RMS), property management systems (PMS), and distribution channels
  • Excellent understanding of market dynamics, competitor activities, and customer preferences
  • Effective communication and presentation skills for senior leadership and ownership groups
  • Leadership experience with ability to mentor and develop teams

Job Duties

  • Develop and implement pricing strategies
  • Analyze and measure pricing strategies to ensure consistency and alignment with company pricing philosophy
  • Manage and oversee revenue management analytic functions to produce reports supporting hotel strategies
  • Optimize inventory management for rooms and function space
  • Accurately prepare monthly and weekly revenue forecasts for all segments
  • Research market trends and monitor competitor activities to inform pricing and inventory decisions
  • Collaborate with sales and operations teams to define booking terms and promotions
  • Evaluate market share reports to identify trends and competitive positioning
  • Assist in developing strategic action plans for revenue management
  • Work closely with sales team to align revenue goals and market demand

Job Criteria

Experience

Mid Level (3-7 years)


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