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Corporate Director of Revenue Mangement

Job Overview

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Employment Type

Full-time
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Compensation

Salary
Range $97,300.00 - $144,200.00
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Work Schedule

Flexible
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Benefits

401(k)
401(k) matching
Bonus based on performance
competitive salary
Dental Insurance
Employee Discounts
Health Insurance
Paid Time Off
Training & development
Vision Insurance
Wellness resources

Job Description

The LINE, Ned US, and Saguaro portfolio represent a dynamic and innovative group of hotels known for their commitment to exceptional guest experiences and forward-thinking hospitality management. These properties are strategically located in key markets such as Los Angeles, New York, and Austin, offering a blend of urban sophistication and local culture. With a strong emphasis on quality, sustainability, and community engagement, this portfolio stands out as a leader in the hospitality industry. The organization prides itself on fostering a collaborative work environment that values diversity and personal growth, making it an excellent place for career advancement in hotel management... Show More

Job Requirements

  • Bachelor's degree preferred
  • At least five years experience as a Corporate, Regional or Area Director of Revenue or relevant position within a reputable hotel group
  • At least five years experience managing multiple employees
  • Must be in market and able to work a hybrid schedule out of either LA, NY, or Austin
  • Strong ability in using MS Office (Excel, in particular) and Outlook
  • Detailed knowledge of GDS, CRS, and OTA platforms
  • Working knowledge of basic AI tools
  • Ability to work with mathematical concepts, calculate and analyze trends and pace
  • Ability to provide clear and concise data, analysis, instruction and guidance to both internal and external audiences as appropriate
  • Due to the cyclical nature of the hospitality industry, may be required to work varying schedules to reflect the business needs of the portfolio
  • Knowledgeable in hotel and guest room facilities/services
  • Outstanding communication and interpersonal skills
  • Excellent reading, writing and oral proficiency in the English language
  • Excellent organizational and time management skills
  • Excellent attention to detail
  • Must be able to travel approximately one week at a time, one to three times per quarter
  • Ability to multitask
  • Work well under pressure
  • Be a team player

Job Qualifications

  • Bachelor's degree preferred
  • At least five years experience as a Corporate, Regional or Area Director of Revenue or relevant position within a reputable hotel group
  • At least five years experience managing multiple employees
  • Strong ability in using MS Office (Excel, in particular) and Outlook
  • Detailed knowledge of GDS, CRS, and OTA platforms
  • Working knowledge of basic AI tools
  • Ability to work with mathematical concepts, calculate and analyze trends and pace
  • Ability to provide clear and concise data, analysis, instruction and guidance to internal and external audiences
  • Knowledgeable in hotel and guest room facilities/services
  • Outstanding communication and interpersonal skills
  • Excellent reading, writing and oral proficiency in the English language
  • Excellent organizational and time management skills
  • Excellent attention to detail
  • Ability to multitask
  • Able to work well under pressure and be a team player
  • Must be able to travel approximately one week at a time, one to three times per quarter

Job Duties

  • Develop and implement pricing strategies across multiple markets to maximize RevPAR, ADR and total revenue performance
  • Monitor and analyze market trends, customer behavior, and comp set pricing to adjust portfolio pricing accordingly
  • Communicate pricing strategies and forecasted changes to ownership, asset managers and other key stakeholders
  • Maximize overall room revenue on a daily, weekly, monthly, quarterly and annual basis and direct yield strategies to achieve or exceed budgeted room revenues and market share goals
  • Optimize channel mix and distribution strategies to ensure profitable revenue growth
  • Collaborate with Marketing and Sales leaders on room revenue and occupancy forecasts for operational departments
  • Work with hotel sales teams on quarterly and annual goals and review Sales Incentive Plans (SIPs) for approval
  • Prepare and analyze daily, weekly and monthly segmentation pace reports and set selling strategies based on pace and market conditions
  • Assist in creating the Rooms Revenue Budget and Market penetration goals annually
  • Review and analyze current software and systems and provide recommendations for improvements
  • Establish and maintain good communications and teamwork with colleagues and other departments within the hotels
  • Recruit, interview, select, train, guide, manage and schedule personnel
  • Oversee monitoring and developing employee performance including conducting counseling, evaluations, setting goals and delivering recognition
  • Manage the Reservation Department staff, ensuring proper selling strategies and adherence to standard operating procedures
  • Prepare agenda and lead weekly Revenue Management Strategy meetings, including critiques, tracking, competitive analysis and planning future strategies
  • Attend meetings pertaining to hotels within the portfolio
  • Manage vendor/system relationships and agreements
  • Ensure staff understand job expectations and hold them accountable
  • Adhere to all operations standards, policies, procedures, and verbal instructions
  • Maintain open communication with employees
  • Maintain employee file documentation
  • Maintain professionalism in demeanor
  • Be familiar with all safety and emergency procedures including OSHA requirements

Job Criteria

Experience

Expert Level (7+ years)


Job Location

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