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Revenue Management Director
2 months ago
We are seeking a highly skilled Revenue Management Director to join our team at HHM Hotels (NYC Corporate). As a key member of our revenue management team, you will be responsible for developing and implementing sales strategies to maximize revenue and drive business growth.
Key Responsibilities- Develop and implement sales strategies to optimize room rates and availability
- Analyze booking trends, pickup, no shows, and sources of business to identify areas of opportunity
- Prepare and conduct weekly Revenue Management meetings to discuss rate and inventory strategies, transient/group pace, competitive business analysis, and financial forecasts
- Initiate short and long-term revenue forecasts and generate weekly and monthly critiques to identify areas for improvement
- Manage, produce, and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory, and monthly results
- Work with various departments to ensure aligned goals and implement action plans to achieve optimum revenue management
- Establish and maintain meaningful external and internal relationships
- Interview, select, train, schedule, coach, and support associates to ensure they perform in accordance with established brand or hotel standards and consistent with HHM core values
- Follow sustainability guidelines and practices related to HHM's EarthView program
- Practice safe work habits, wear protective safety equipment, and follow MSDS and OSHA standards
- College degree preferred
- At least 4 years of experience in the Revenue Management discipline
- Medical, dental, and vision health insurance
- Paid time off
- 401k company match
- Free basic life insurance
- Travel discounts
- Commuter transit and commuter parking benefits
- Quarterly bonuses and incentives
- Technology reimbursements
- Employee assistance and wellness program
- Educational/professional development
Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard. Occasional to moderate travel required.
