Portfolio Revenue Manager

Job Overview

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Compensation

Salary
Range $105,000.00 - $115,000.00
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Benefits

Kasa travel credit
Flexible PTO
401(k) Plan
Health Insurance
Stock option plan
bonus
Wi-fi stipend

Job Description

Kasa is a pioneering tech-enabled hotel and apartment hotel brand and management company. It partners with owners of multifamily and boutique hospitality properties to offer stylish, professionally managed accommodations that cater to both business and leisure travelers. Kasa's innovative approach blends the best aspects of traditional hotels and short-term rentals to provide a new standard of hospitality that is not only well-priced but also reliable and available across a broad selection of attractive locations. With a focus on automation, AI-driven pricing, and data-driven decision-making, Kasa optimizes revenue and guest experiences in unique ways. The company builds proprietary technology that integrates with its innovative operations to create a globally scalable hospitality offering that delivers exceptional stays. Guests enjoy seamless check-ins, warm and attentive service, and appealing amenities, all backed by a dedicated on-site and remote guest experience team ensuring that the hospitality is felt even when it is rarely seen.

Kasa is currently seeking a remote Portfolio Revenue Manager whose primary responsibility will be to maximize revenue and profitability across a diverse portfolio consisting of hotels and multifamily buildings. This role offers significant autonomy to develop new revenue initiatives, create cutting-edge pricing programs, and deploy targeted yield management strategies. Reporting to the Head of Revenue and working closely with teams in distribution, marketing, sales, financial strategy, and real estate, the Portfolio Revenue Manager will also maintain regular communications with Kasa's property partners and owners.

This role is crucial in driving forward Kasa's innovative business model that leverages technology and strategic analysis. The successful candidate will be a profitability driver experienced in maximizing revenues within hospitality or related industries. They will be adept at analyzing market trends, competitor pricing, and demand patterns to implement effective yield strategies. A key attribute for success is an innate analytical mindset, capable of processing large volumes of data through revenue management and property management systems to inform decisions. The role also demands excellent communication skills to foster collaboration with a range of internal and external stakeholders.

The Portfolio Revenue Manager will be a strategic thinker with a strong owner mentality, evaluating revenue activities in the broader context of a property's business goals. This role champions a culture of success and growth, not only delivering individual results but also inspiring teammates. Key expected results include forecasting market and demand dynamics to predict competitive revenue changes accurately, designing yield strategies that improve performance, and setting responsive goals with actionable pivots in strategy. Regular forecasting will ensure financial targets are met with precision, and efforts will be concentrated on optimizing length-of-stay, market segment, and source mix to boost net revenue and operating profit year-over-year.

Kasa offers a competitive base salary range of $105,000 to $115,000 for this full-time role, with eligibility for equity, bonuses, benefits, and travel credits. Employees benefit from flexible paid time off, a 401(k) plan, comprehensive health insurance options, and a generous stock option plan designed to align employee success with company growth. The company cultivates an inclusive, respectful, and supportive environment where diversity is valued and equal opportunity employment is a foundational principle. Kasa also maintains a thorough and respectful recruitment process, highlighting authentic communication channels and cautioning against recruitment scams.

If you're eager to be part of a dynamic team at the intersection of technology and hospitality, driving impactful revenue strategies that shape the future of living spaces globally, Kasa's Portfolio Revenue Manager role offers a unique and rewarding opportunity to advance your career in a forward-thinking environment.

Job Requirements

  • bachelor's degree or equivalent experience
  • minimum of 3-5 years of experience in revenue management or comparable roles
  • strong analytical and quantitative skills
  • ability to interpret large data sets and make data-driven decisions
  • excellent written and verbal communication skills
  • proficiency in revenue management systems and property management software
  • capacity to manage multiple properties remotely and collaborate cross-functionally
  • strong organizational and time management abilities

Job Qualifications

  • bachelor's degree in business, finance, hospitality, or related field preferred
  • experience in revenue management or similar roles within hospitality or related sectors
  • strong analytical skills with proficiency in data analysis tools and revenue management software
  • excellent communication, collaboration, and negotiation skills
  • demonstrated ability to develop and implement successful pricing and yield strategies
  • knowledge of market analysis and competitive positioning
  • ability to work independently and manage a remote portfolio
  • familiarity with hospitality industry trends and technology

Job Duties

  • maximize revenue and profitability across a diverse portfolio comprised of hotels and multifamily buildings
  • create and implement new revenue initiatives and pricing programs
  • develop and execute targeted yield management strategies
  • analyze market trends, competitor pricing, and demand patterns
  • utilize revenue management and property management systems to gather and analyze data
  • communicate regularly with property partners, owners, and internal teams
  • forecast financial performance accurately and adjust strategies to meet revenue goals

Job Criteria

Experience

Mid Level (3-7 years)


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