Complex Director of Revenue Management

3 weeks ago

Miami, Florida, United States Miami Hotel and Residences Full time
SUMMARY:

The Complex Director of Revenue Management is responsible development and deployment of company-wide rate yielding, revenue maximization, and revenue reporting processes across a growing operating portfolio of hotels. Assists in maximizing overall revenue and profitability and driving market share at each property through in-depth, strategic evaluation, and data analysis.

RESPONSIBILITIES:
  • Implement KPIs and dashboards to monitor ongoing revenue performance at the portfolio, market, and individual property levels.
  • Develop tools and provide ongoing yield management, statistical, and competitive set analysis.
  • Provide data, research, and analytical support for sales, marketing, and reservations initiatives.
  • Make recommendations, negotiate contracts, and lead implementation and maintenance of best-in-class revenue management systems.
  • Develop a deep understanding of each asset class and provide analysis based on budgeted, forecasted, and prior period results.
  • Partner with property operations leaders to identify operational inefficiencies and develop strategies to maximize profitability and long-term asset value.
  • Create models in Excel to facilitate revenue planning and analytical processes.
    • Create individual reporting schedules and presentations based on the needs of the executive team, operations, or external stakeholders.
      • Provide ad-hoc financial and operational analysis to support shared services and property operations' future growth or reinvestment strategies.
      QUALIFICATIONS:
      • 6-8 years of progressive revenue management experience in the hotel industry.
      • Familiarity with hotel PMS, and a variety of revenue management software programs.
      • Strong interpersonal skills and possession of a full understanding of professional business ethics, decorum, and social skills
      • Multi-concept experience.
      EDUCATION:
      • Bachelor's degree in Hotel Management, Finance, Economics, or related discipline.
      PHYSICAL DEMANDS:

      The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.
      • Prolonged periods sitting at a desk and working on a computer.
      WORK ENVIRONMENT:

      The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. This job is primarily performed in an office environment with a moderate noise level. While performing the duties of this job, the employee is required to frequently inspect inside and outside areas of the property location and may be exposed to ongoing construction and various weather conditions. The noise level in the work environment may range from moderate to loud.

      We are an EEO Company that provides a competitive salary and comprehensive benefits package to all full-time regular Employees.

      The above job description describes the primary duties and qualifications for this position. The company reserves the right to modify, add or remove duties other duties as necessary.

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