Executive Vice President of Revenue Optimization
2 weeks ago
Overview
Opportunity: Executive Vice President of Revenue Optimization
Company Overview: HHM Hotels is a leading hotel management and investment company with a portfolio of over 240 hotels and resorts spanning North America. We are positioned for deliberate and high-quality growth due to our operational excellence and talented team. We take pride in operating over 50 independent luxury and lifestyle hotels as well as premium branded hotels in urban and resort markets for sophisticated ownership partners, including private equity firms, publicly traded companies, and family office investors.
Position Overview: Based in our Philadelphia headquarters and reporting to the Chief Operations Officer (COO), the EVP of Revenue Optimization will lead much of our revenue, sales, distribution, marketing, and E-Commerce operations and strategy for the organization. The individual will serve as a key strategic partner to HHM Hotels' executive committee while leading a core leadership team of their own.
Core responsibilities include the following:
- Driving commercial excellence for all hotels and ownership partners.
- Developing and mentoring a team of best-in-class professionals focused on serving our hotel operators, general managers, and ownership partners.
- Short and long-term revenue planning including recommendations to the senior executive team for driving results through process improvement, data analytics, and systems-thinking.
- Ensuring best practices at levels of the commercial organization.
Top Line Operations:
- Communicate and deploy revenue management initiatives to above senior and regional revenue managers and field team as part of overall optimization strategy.
- Develop sales, revenue, and marketing plans, set targets and objectives, monitor performance, and implement effective strategies.
- Build and maintain strong relationships with all customers, ensuring customer satisfaction, resolution of issues, and review of opportunities for revenue maximization.
- Monitor industry and market trends, understand the competitive landscape and market dynamics to identify emerging opportunities and potential threats.
- Evaluate and refine initiatives and key performance indicators reports for continuous improvement in room revenue, profit and market share results.
Team Leadership and Development
- Lead a large and growing sales, revenue, marketing, and E-Commerce team, fostering their development and ensuring alignment with the organization's goals.
- Serve as a company leader that drives a culture of connectedness and rigor across the organization, and implements feedback from operations and ownership partners.
- Set and maintain HHM Hotels' standard of excellence, driving the team to deliver the highest caliber field support, serving the evolving needs of our hotels.
- Carry a growth mindset around process improvement as well as taking on new challenges and continue to build our growth opportunities.
Your Background and Skills: The desired candidate will possess a BA/BS in hospitality or business administration (or similar field). This candidate will be a seasoned hotel sales and revenue executive and have significant hospitality experience. They must be capable of performing across all topline areas of the organization with a personal focus on revenue generation, owner relations, budgeting, and forecasting, and financial analysis.
What We Believe: People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It
About Us
HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.
Source: Hospitality Online
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