Hotel Equities

Area Director of Revenue Management

Hotel Equities

full-time

Posted on:

Location Type: Office

Location: West Hollywood • California • United States

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Salary

💰 $120,000 - $150,000 per year

Job Level

Lead

About the role

  • Develop and execute revenue management strategies for multiple properties within the Montrose and West Hollywood area to maximize revenue and market share.
  • Analyze market data, competitor pricing, and demand patterns to forecast revenue and adjust pricing strategies accordingly.
  • Collaborate closely with sales, marketing, and operations teams to align revenue goals with promotional activities and operational capabilities.
  • Monitor key performance indicators (KPIs) such as occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR) to identify opportunities and risks.
  • Lead, mentor, and develop a team of revenue managers to ensure consistent application of best practices and continuous professional growth.
  • Manage distribution channels and relationships with third-party vendors to optimize online presence and booking efficiency.
  • Prepare detailed reports and presentations for senior leadership to communicate revenue performance and strategic recommendations.

Requirements

  • Bachelor’s degree in Business Administration, Hospitality Management, Finance, or a related field.
  • Minimum of 5 years of experience in revenue management within the hospitality industry, preferably managing multiple properties.
  • Proven track record of developing and implementing successful revenue strategies that drive measurable financial results.
  • Strong analytical skills with proficiency in revenue management systems, data analysis tools, and Microsoft Office Suite.
  • Excellent communication and leadership skills with experience managing and developing teams.
  • Master’s degree in Business Administration, Hospitality Management, or a related discipline.
  • Experience working in the Montrose and West Hollywood markets or similar competitive urban hospitality environments.
  • Familiarity with advanced revenue management software such as IDeaS, Duetto, or Rainmaker.
  • Certification in Revenue Management or related professional credentials.
  • Demonstrated ability to lead cross-functional projects and influence stakeholders at all organizational levels.
Benefits
  • Team Driven and Values Based Culture
  • Medical/Dental/Vision
  • Vacation & Holiday Pay
  • Same-day pay available
  • Employee Assistance Program
  • Career Growth Opportunities/ Manager Training Program
  • Reduced Room Rates throughout the portfolio
  • Third Party Perks (Movie Tickets, Attractions, Other)
  • 401(k)
  • Employee assistance program
  • Employee discount
  • Flexible schedule
  • Flexible spending account
  • Life insurance
  • Parental leave
  • Referral program
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
revenue managementdata analysispricing strategiesmarket analysisKPI monitoringfinancial resultsteam developmentdistribution channel managementreport preparationforecasting
Soft Skills
analytical skillscommunication skillsleadership skillsmentoringcollaborationinfluencing stakeholdersteam managementstrategic thinkingproblem-solvingprofessional growth
Certifications
Certification in Revenue Management