Revenue Optimization Leader
5 days ago
SkyBridge Luxury & Associates is proud to partner with a prestigious luxury resort in San Diego to source an experienced Director of Revenue Management. This leadership role is responsible for optimizing the resort's revenue performance by developing and implementing pricing strategies, monitoring market trends, and collaborating with key stakeholders to achieve revenue goals.
About the Role:
- We are seeking a seasoned revenue management professional to lead our revenue strategy development, forecasting, and data analysis efforts.
Key Responsibilities:
Revenue Strategy Development- Develop and execute comprehensive revenue management strategies to maximize room revenue, F&B profitability, and ancillary revenue streams.
- Prepare accurate revenue forecasts and budgets by analyzing historical data, current market trends, and competitive performance. Monitor results to identify opportunities for improvement.
- Utilize revenue management systems to analyze demand patterns, booking trends, and pricing elasticity. Present findings and actionable recommendations to the executive team.
- Set dynamic pricing strategies across all distribution channels, ensuring rate parity and alignment with market conditions.
- Work closely with Sales, Marketing, Reservations, and Operations teams to align strategies, ensuring a cohesive approach to revenue generation.
- Continuously monitor market conditions, competitor pricing, and occupancy trends to adjust strategies as needed.
- Lead and mentor the revenue management team, fostering a culture of collaboration, innovation, and excellence. Provide training and support to ensure consistent professional development.
- Bachelor's degree in Hospitality Management, Business, or a related field
- Minimum of 5 years of experience in revenue management, preferably in a luxury hotel or resort setting
- Strong proficiency in revenue management systems (e.g., IDeaS, Duetto) and property management systems (e.g., Opera)
- Demonstrated success in developing and executing revenue strategies that drive measurable results
- Exceptional analytical skills with the ability to interpret complex data and communicate insights effectively
- Proven ability to lead and inspire teams, fostering a culture of accountability and collaboration
- Excellent organizational, communication, and problem-solving skills
Salary Range: $120,000 - $180,000 per year, depending on experience. Benefits include medical, dental, vision, 401(k), and generous paid time off.
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