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Area Revenue Manager

4 months ago


Chicago, Illinois, United States First Hospitality Full time
What's in it for you...Insurance enrollment available from DAY 1
Paid time off available from DAY 1
Holiday pay available from DAY 1
401(k) enrollment after 30 days
Hotel and travel discounts at worldwide destinations
Professional development and promotion opportunities
About this job... Area Revenue Managers are highly strategic, data-driven, and analytical individuals who lead and enhance all streams of revenue generation. Responsible for execution and management of all top-line strategies and initiatives, the Area Revenue manager will forecast, budget, and maximize optimal revenue mix on a day-to-day basis. Successful Area Revenue Managers have a strong business acumen, directing revenue initiatives across all channels and to achieve aggressive goals. What you'll be doing...Analyze and yield manage all revenue distribution systems (RMS, CRS & PMS)
Develop and recommend pricing strategies for all segments/channels
Chair Strategy meetings, compile data, analyze trends and implement the strategy
Provides ongoing feedback on strategies, market trends & addresses areas of opportunity
Assist in developing the annual budget, forecast, and optimal mix for each Hotel
Proactively identifying industry, market & economic trends data
Conduct displacement analysis on an ad-hoc basis
Train and develop Group Room coordinators/Reservations manager
Oversee Revenue Management for multiple select-service properties
Engage in preventative measures to minimize problems; act to quickly resolve any issues or discrepancies that arise
Maintain confidentiality of information
Effectively communicate with hotel teams
Always maintain professionalism consistent with company expectations
Requirements...3+ years of hotel revenue management experience, preferably with world-wide brand
4-year degree in hotel administration, business, finance, or related field; or equivalent experience and education preferred
Exceptional verbal and written communication skills, including electronic communication
Advanced proficiency in Microsoft Office products
Must be able to speak, read, and write in primary language used in the workplace
8+ hours per day sitting at desk/computer
Manual dexterity and repetitive motions required throughout workday
Ability to travel up to 10% of the time as needed or directed
About First Hospitality... Founded in 1985 and based in Chicago, First Hospitality is a forward-thinking hotel development, investment, and management company. First Hospitality's strategic vision is to create value for all through excellence and an openness to doing things differently. First Hospitality seeks to attract and retain a high-performing and diverse workforce in which employee's differences are respected and valued to better meet the varying needs of the customers we serve. FH fosters an inclusive work environment that promotes collaboration, flexibility, and fairness. Equal Opportunity Employer. Source: Hospitality Online