
Corporate Director – Revenue Management
The LINE Hotels
full-time
Posted on:
Location Type: Hybrid
Location: Alabama • Alaska • United States
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Salary
💰 $175,000 per year
Job Level
About the role
- Develop and implement pricing strategies across multiple markets to maximize RevPAR, ADR and total revenue performance
- Monitor and analyze market trends, customer behavior, and comp set pricing to adjust portfolio pricing accordingly
- Communicate said strategies and any forecasted changes to ownership, asset managers and other key stakeholders
- Maximize overall room revenue on a daily, weekly, monthly, quarterly and annual basis as well as direct yield strategies to achieve or exceed budgeted room revenues and market share penetration goals
- Optimize channel mix and distribution strategies to ensure profitable revenue growth
- Collaborate with Marketing and Sales leaders on all matters relating to room revenue, and provide room revenue and occupancy forecasts for operational departments
- Work with hotel sales teams on quarterly & annual goals and review Sales Incentive Plans (SIPs) for approval
- Prepare and analyze daily, weekly and monthly segmentation pace reports and set and implement selling strategies based on pace and market conditions
- Assist in creating the Rooms Revenue Budget and Market penetration goals annually
- Review and analyze current software & systems and provide recommendations on improvements
- Establish and maintain good communications and teamwork with fellow colleagues and other departments within the hotels
- Recruit, interview, select, train, guide, manage and schedule personnel
- Oversee monitoring and developing employee performance to include, but not limited to, providing supervision, conducting counseling, evaluations, setting annual goals and delivering recognition and reward
- Manage the Reservation Department staff, ensuring that proper selling strategies and standard operating procedures are in place and adhered to
- Prepare agenda, and lead the weekly Revenue Management Strategy meeting, to include critiques, tracking, competitive analysis and future strategies for all market segments
- Attend applicable meetings pertaining to hotels within the portfolio, outside of primary property.
- Manage vendor/system relationships and agreements.
- Ensure staff understands their job expectations before holding them accountable
- Adhere to all standards of operations, policies and procedures, manuals, memos and verbal instructions
- Maintain “open door” communication with employees
- Maintain awareness of documentation needed and retained in employee files
- Must be courteous and gracious, always maintaining a professional demeanor
- Be familiar with all safety and emergency procedures including OSHA requirements
Requirements
- Bachelor’s degree preferred
- At least five (5) years’ experience as a Corporate, Regional or Area Director of Revenue or relevant position within a reputable hotel group
- At least five (5) years’ experience managing multiple employees
- Strong ability in using MS Office (Excel, in particular) and Outlook
- Detailed knowledge of GDS, CRS, and OTA platforms
- Working knowledge of basic AI tools
- Ability to work with mathematical concepts, calculate & analyze trends and pace.
- Ability to provide clear and concise data, analysis, instruction and guidance to both internal and external audiences as appropriate
- Knowledgeable in hotel and guest room facilities/services
- Outstanding communication and interpersonal skills
- Excellent reading, writing and oral proficiency in the English Language
- Excellent organizational and time management skills
- Excellent attention to detail
- Must be able to travel approximately one (1) week at a time, one to three times per quarter.
- Ability to multitask
- Work well under pressure, be a team player
Benefits
- 401(k)
- 401(k) matching
- Bonus based on performance
- Competitive salary
- Dental insurance
- Employee discounts
- Health insurance
- Paid time off
- Training & development
- Vision insurance
- Wellness resources
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricing strategiesmarket analysisrevenue performanceyield strategiesbudgetingsegmentation pace reportsemployee performance managementdata analysismathematical conceptsGDS
Soft Skills
communication skillsinterpersonal skillsorganizational skillstime managementattention to detailteam playerleadershiptrainingguidanceproblem-solving
Certifications
Bachelor's degree