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Corporate Director of Revenue Management - Plano, United States - Quorum Hotels
Description
Quorum Hotels is looking for aCorporate Director of Revenue Management
to join the team
The
Corporate Director of Revenue Management
manages hotel revenue administration and strategic functions including revenue assurance, management, billing, and inventory for multiple properties.
This is a
hybrid
role that requires ability to work in Plano, TX 3 days/week.
Quorum Hotels
is proud to be a leading hotel management company supporting a diverse portfolio of renowned brands including Marriott, Hilton, Hyatt, and IHG properties.
Responsibilities
Follow all company Revenue Management processes by time period (daily, weekly, quarterly, etc.)
Administer processes and controls meant to ensure room occupancy revenue is captured.
Provide strategic hotel service pricing with the goal of maximizing revenue and profitability.
Modify revenue management strategies to reach targeted markets.
Manage factors impacting revenue loss, reducing costs, revenue capture, and improving margins.
Validate GRO Forecast and GRO Decisions (Rate, LOS Restrictions, Oversell, etc.)
Investigate and correct any GRO Exemptions/Notifications
Investigate rates in each market and adjust
Create and distribute sales calendar
Daily business reviews with DOS and Sales Managers at each property
Create group blocks or negotiated codes when needed
Generate and distribute a daily revenue summary
Generate and distribute weekly group pick-up
Generate and distribute weekly 12 Day operations forecast
Read and distribute weekly trade articles found pertaining to either our markets or revenue management
Participate in monthly financial review calls with ownership
Conduct monthly OTA market manager calls in each market
Validate monthly STR data, review and discuss monthly STR performance
Review and discuss monthly Pulse and RPM reports
Generate rooms revenue budget for the following year
Other duties as assigned by management
Requirements
Qualifications
High School Diploma
Bachelor's Degree preferred
6+ years of hotel revenue management experience
Strong leadership skills
Valid driver's license
Ability to drive and travel
Ability to tolerate a variety of environments, indoor and outdoor.
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