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Area Director of Revenue Strategy
1 week ago
Remington Dallas, United StatesJob Description · The Area Director of Revenue Strategy role is to identify and maximize all potential revenue opportunities for assigned hotels. This role will provide direction and support to property teams in the maximization of revenue (RevPAR and RevPAR Index), profit and m ...
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Program Manager Revenue Strategy
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Area Director of Revenue Strategy - Dallas, United States - Women Leading Travel & Hospitality
Description
The Area Director of Revenue Strategy role is to identify and maximize all potential revenue opportunities for assigned hotels.This role will provide direction and support to property teams in the maximization of revenue (RevPAR and RevPAR Index), profit and market share through leadership in the revenue strategy processes associated with inventory management, pricing, demand projections and revenue forecasting.
The position is responsible for data analysis and the development of revenue strategies in accordance with the Revenue Strategy KPI strategic plan and annual operating plan for the hotel.
Maximize total revenues and market share index through developing pricing, restrictions, mix of sales and channel visibilityTest and measure all rate strategies to drive RPI growth weekly, monthly and yearly
Analyze data to interpret market trends, market dynamics, strategy changes, and optimum mix of sales, etc.
Lead by example through Remington's five essential guiding principles: Be Ethical, Profitable, Innovative, Tenacious and Engaging
Lead revenue virtual video strategy meetings with hotel teams
Assist in completing monthly revenue forecasts
Monitor competitive pricing across all channels and products
Oversee OTA promotions
Oversee the accuracy of the RMS system
Oversee Group Rate Pricing Strategy for the hotel 24 months into the future.
Work closely with group housing to ensure group standards are met and cut off dates are monitored
Understand and apply the dynamics of local markets and demand generators
Assist as needed in the yearly RFP process
Assist as needed in the yearly budgeting process
Assist as needed in reporting to ownership
Requirements
Four year college degree or equivalent experience
Multi-property role in revenue manager for at least 3 years of revenue experience
Multiple brand experience required - Hilton and Marriot HIGHLY Preferred
Strong analytical and technical skills
Strong working knowledge of reservations, revenue, front office, sales & catering systems and industry systems (STR, Travel Click, Sales Systems, Knowland, Kalibri, etc.)
Ability to evaluate business trends and communicate recommendations
Thorough knowledge of Digital Marketing
Excellent written, verbal and presentation skills
Work successfully with proactive sales team
Strong Excel Skills
Travel required as needed
Attention to details with strong organizational and efficient time management skills
Consistent professional attitude and behavior with effective listening and strong communication skills
Ability to work in a fast-paced environment, sometimes under pressure, while remaining flexible and efficient
Ability to satisfy the legal requirements for employment within the jurisdiction
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