Director of Revenue Optimization
4 weeks ago
Overview
The Director of Revenue Management is a critical role responsible for driving revenue growth and maximizing profitability for the hotel. This position requires a strategic thinker who can analyze market trends, competitor activity, and customer behavior to develop and implement effective revenue management strategies.
Key Responsibilities
- Develop and implement revenue management strategies to maximize room revenue and occupancy
- Conduct market analysis and competitor research to stay ahead of the competition
- Collaborate with the sales team to drive group and transient business
- Manage and analyze revenue data to identify trends and opportunities
- Develop and maintain relationships with key stakeholders, including owners, managers, and vendors
- Stay up-to-date with industry trends and best practices in revenue management
- Lead and develop a team of revenue management professionals
Requirements
- Minimum of 4 years of experience in revenue management
- Bachelor's degree in hospitality, business, or related field
- Proven track record of driving revenue growth and maximizing profitability
- Strong analytical and problem-solving skills
- Excellent communication and leadership skills
Salary Range: $120,000 - $130,000/year
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