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Regional Vice President of Revenue Management

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...As the Regional Vice President of Revenue, you're not just leading the charge in strategic revenue management—you're at the forefront of a team of brilliant revenue managers, all committed to pushing the boundaries of revenue maximization. Your responsibilities extend far and wide, from refining top-line strategies across your portfolio to overseeing forecasting, budgeting, and optimizing mix of sales. This role isn't just about numbers and forecasts; it's about being the face of ownership, requiring a high level of strategic planning and communication to ensure our objectives are not just met, but exceeded.What you'll be doing...Directly manage a team of revenue managers, providing hands-on leadership and guidance.
High level oversight of all revenue distribution systems (RMS, CRS & PMS)
Oversight of pricing strategies for all segments/channels
Serve as the voice of Revenue Management for Brand/Owner meetings
Provides ongoing feedback on strategies, market trends & addresses areas of opportunity
Guide the development of the annual budget, forecast, and optimal mix for your portfolio
Proactively identifying industry, market & economic trends data
Train and develop Revenue Managers
Implement audits of system and processes to mitigate and resolve any revenue impacting issues
Maintain confidentiality of information
Effectively communicate with hotel teams
Always maintain professionalism consistent with company expectations
Requirements...5+ 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 40% 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