
Remote Regional Director of Revenue Management - Schulte Hospitality Group
Job Overview
Employment Type
Full-time
Compensation
Salary
Range $110,000.00 - $140,000.00
Work Schedule
Flexible
Benefits
Daily Pay
Free Telemedicine
Virtual mental health care
multiple health insurance options
Life insurance
401k plan
company match
Paid parental leave
Paid Time Off
Holiday pay
Pet insurance
Employee assistance program
Discount Marketplace
Job Description
Schulte Hospitality Group is a prominent third-party management company renowned for its extensive experience and expertise in the hospitality industry. Serving more than 200 locations across 38 states and 3 countries, the company manages a diverse portfolio that includes prestigious brands such as Marriott, Hilton, IHG, Hyatt, as well as a variety of unique boutique, lifestyle, and independent properties and restaurants. The organization is driven by a strong service culture where hospitality, respect, authenticity, and stakeholder prioritization are the core values. Schulte Hospitality Group's dedication to fostering positive impacts in every aspect of its operations reflects its commitment to excellence and innovation in the hospitality sector. With a rapidly expanding team, the company values inclusivity, employee engagement, and continuous professional development, providing a rewarding and flexible work environment designed to promote career growth and personal well-being.
The role of Regional Director of Revenue Management at Schulte Hospitality Group is vital in steering the financial performance of the company's hotel portfolio by optimizing revenue strategies to maximize profits. This leadership position requires a strategic and analytical mindset to enhance revenue per available room (RevPAR) and overall revenue management effectiveness. The Regional Director is responsible for overseeing daily room inventory, monitoring competitive landscape pricing and availability, analyzing local market events, and developing forecasts and pricing targets. Additionally, this role focuses on the integration and management of distribution channels, including online travel agencies and third-party intermediaries, to capitalize on market opportunities. The position also involves mentoring hotel managers, ensuring accurate tracking and coding of group bookings, and fostering close collaboration with sales leadership to optimize account productivity.
Schulte Hospitality Group offers competitive compensation in the range of $110,000 to $140,000 annually for this position. The company prides itself on an enriching workplace environment featuring comprehensive benefits such as daily pay options, telemedicine and virtual mental health care access starting from day one, multiple health and life insurance plans, 401k with company match, paid parental leave, paid time off, holiday pay, pet insurance, employee assistance programs, and a discount marketplace. The hiring process includes a phone interview, interviews with management, background and drug screening, reference checks, and may involve an employment assessment. Overall, this role is perfectly suited for experienced revenue management professionals looking to advance their career within a supportive and dynamic hospitality organization dedicated to inclusivity, growth, and excellence.
The role of Regional Director of Revenue Management at Schulte Hospitality Group is vital in steering the financial performance of the company's hotel portfolio by optimizing revenue strategies to maximize profits. This leadership position requires a strategic and analytical mindset to enhance revenue per available room (RevPAR) and overall revenue management effectiveness. The Regional Director is responsible for overseeing daily room inventory, monitoring competitive landscape pricing and availability, analyzing local market events, and developing forecasts and pricing targets. Additionally, this role focuses on the integration and management of distribution channels, including online travel agencies and third-party intermediaries, to capitalize on market opportunities. The position also involves mentoring hotel managers, ensuring accurate tracking and coding of group bookings, and fostering close collaboration with sales leadership to optimize account productivity.
Schulte Hospitality Group offers competitive compensation in the range of $110,000 to $140,000 annually for this position. The company prides itself on an enriching workplace environment featuring comprehensive benefits such as daily pay options, telemedicine and virtual mental health care access starting from day one, multiple health and life insurance plans, 401k with company match, paid parental leave, paid time off, holiday pay, pet insurance, employee assistance programs, and a discount marketplace. The hiring process includes a phone interview, interviews with management, background and drug screening, reference checks, and may involve an employment assessment. Overall, this role is perfectly suited for experienced revenue management professionals looking to advance their career within a supportive and dynamic hospitality organization dedicated to inclusivity, growth, and excellence.
Job Requirements
- Minimum of two years revenue management experience
- Experience with hotel sales software
- Exceptional service and customer relations skills
- Excellent verbal and written communication skills
- Highly proficient in computers including internet and Microsoft Office programs
- Strong facilitation and presentation skills
Job Qualifications
- Minimum of two years revenue management experience
- Experience with hotel sales software
- Exceptional service and customer relations skills
- Excellent verbal and written communication skills
- Highly proficient in computers including internet and Microsoft Office programs
- Strong facilitation and presentation skills
Job Duties
- Grow RevPAR and RevPAR index
- Daily room inventory management
- Monitor hotel and competitor rates, availability, strategies, and seasonality and adjust pricing accordingly
- Review unconstrained demand and provide recommendations for the optimal mix of business
- Establish target pricing for Group and Transient and by segment
- Analyze local events and project their impact
- Prepare weekly and monthly forecasts
- Conduct displacement analysis with group or contract
- Monitor online reviews
- Review STR reports and provide analysis of hotel performance against their comp set
- Review additional tools such as Hotelligence or Demand Positioning reports
- Assist with the preparation of the annual rooms revenue budget and business plans
- Ensure distribution channels have accurate content and pricing
- Develop relationships with the Online Travel Agencies (OTA) or Third Party Intermediaries (TPI) to maximize opportunities through these channels
- Assist with internet marketing campaigns, GDS advertising, etc.
- Assist in developing the hotel managers so that they become proficient with revenue management
- Review prior days results and opportunities e.g. did the hotel sell out? Did overbooking have the desired effect? Did the hotel have the desired mix of business?
- Monitor group blocks and cut off dates
- Work with the hotel to ensure coding and tracking is performed correctly
- Review production of negotiated accounts with hotel's sales leader
- Perform various other duties as assigned to meet business objectives
Job Criteria
Experience
Mid Level (3-7 years)
Job Location
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