Director of Revenue Optimization
4 weeks ago
About the Role:
We are seeking a highly skilled and experienced Director of Revenue Management to join our team at Gorman & Company. As a key member of our hospitality team, you will be responsible for maximizing revenue and profitability across our portfolio of hotels.
Key Responsibilities:
* Develop and implement revenue management strategies and processes to optimize revenue and market share
* Analyze market trends, competitive landscape, and customer behavior to identify opportunities for revenue growth
* Establish pricing strategies for rooms and ancillary services, including special promotions and packages
* Prepare accurate and timely revenue forecasts and budgets for each property
* Monitor performance against budget and forecast, identifying variances and implementing corrective actions
* Utilize revenue management systems to analyze data and make informed decisions
* Generate comprehensive reports on key performance indicators and present findings to senior management
Requirements:
* Bachelor's degree in Hospitality Management, Business Administration, Finance, or related field
* Minimum of 5 to 7 years of experience in revenue management, preferably within the hospitality industry
* Proven track record of driving revenue growth and optimizing profitability across multiple properties
* Strong analytical and problem-solving skills, with the ability to interpret complex data and make data-driven decisions
* Proficiency in revenue management systems and advanced Excel skills
* Excellent communication and interpersonal skills, with the ability to influence and collaborate effectively with diverse stakeholders
What We Offer:
* Competitive salary starting at $90,000 a year
* Full benefits, including medical, dental, vision, short-term and long-term disability, flex spending, paid parental leave, and more
* Employee assistance program
* 401(k) with match
* 18 days PTO and 9 1/2 paid holidays
* Hybrid work schedule
* Education reimbursement towards position-related coursework
About Gorman & Company:
Gorman & Company is a trusted partner in the community, specializing in downtown revitalization, the preservation of affordable housing, and the adaptive reuse of significant historic buildings. We are an equal employment affirmative action employer.
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