Director of Inventory Optimization

4 days ago

New York, New York, United States Waldorf Astoria Hotels & Resorts Full time
Inventory Optimization Expert

The Waldorf Astoria New York is seeking an experienced Inventory Optimization Expert to lead the strategic management and optimization of inventory controls. This key role is responsible for ensuring an effective balance between demand and availability, thereby delivering exceptional guest service and financial profitability.

Key Responsibilities:
  • Manage and maintain group and transient inventory controls, including room accommodation and rate inventory controls, roll-in controls, group inventory and cut-off dates, implementation of blackout dates, maintaining demand information, and managing sellout strategies in partnership with Front Office.
  • Serve as primary liaison with Front Office, Sales, Marketing, Finance, and Reservation to maximize inventory and profitability.
  • Develop, monitor, and adjust sales and pricing strategies to stay ahead of the competition.
  • Conducts competitive and demand analyses and provides critical analysis of chosen strategies, room statistics, and general demand factors to ensure the most effective and efficient balance between demand and availability.
  • Conduct forecasting, review all competitive shops, review demand, convention, and city event calendars, maintain data on competitor products, and maintain historical data on events and performance.
  • Monitor and develop team member performance, including providing supervision professional development, scheduling, conducting counseling and evaluations, and delivering recognition and rewards.
Salary & Benefits:
  • A highly competitive salary range of $150,000 - $200,000 per annum, depending on experience.
  • Bonuses and incentives tied to individual and team performance.
  • Comprehensive health insurance, retirement savings plan, and paid time off.

At Waldorf Astoria Hotels & Resorts, we are dedicated to delivering exceptional experiences for our guests and creating rewarding careers for our employees. If you are passionate about hospitality and excellence, we invite you to explore this opportunity further.

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