What are the responsibilities and job description for the Regional Director of Revenue Management position at Arbor Lodging Management?
Location : Arbor Lodging Corporate Office, West Loop, Chicago, IL (onsite)
Reports to : Senior Director of Revenue Management
Salary Range : $110,000 - $120,000
Who we are : Arbor Lodging is a leading hotel investment and management company with a growing portfolio of hotels across the United States. We have been entrusted by numerous partners and are approved managers for Marriott, Hilton, Hyatt, and IHG. Our culture is focused on connecting our guests with exceptional experiences. We are people-focused, data-driven, and accountable-to our guests and our clients.
Summary :
The Regional Director of Revenue Management is responsible for the Revenue Management for a section of our hotel portfolio. They will provide direction to the hotels on how to maximize revenue through management of room inventories, market mix, and pricing strategies. This position will be located onsite in the Chicago Corporate Office .
Duties & Responsibilities :
- Assist and review in forecasting for properties
- Have in-depth knowledge of transient, group, and catering segments and skills in researching market presence for individual properties
- Demonstrate great time management, communication, and presentation skills
- Have strong knowledge and understanding of revenues management concepts, processes and systems, advanced revenue management techniques, and the ability to communicate these concepts to others
- Understand brand strategies and cultures and how to integrate them into revenue plans for properties
- Perform daily analysis, strategy changes, and reporting of competitive benchmarks in market trends
- Develop pricing strategies for each assigned property
- Manage and oversee all third-party distribution
- Analyze overall monthly hotel performance and provide a summary report with recommendations to improve long-term strategies
- Practice finding less expensive means to reduce the cost of distribution
- Prepare and participate in the annual revenue budget process
- Advise and coach the client in the operational areas
- Visit hotels to get first-hand knowledge of revenue management issues and other key areas
Requirements
Qualifications :
Benefits :
Arbor's Guiding Principles :
Arbor Lodging focuses on Five Guiding Principles to foster a culture where growth, development, and progression thrive within the properties :
Pay is based upon several factors including but not limited to local labor markets, education, work experience, certifications, etc. We comply with all minimum wage laws as applicable. In addition to your annual salary, we offer a comprehensive benefits package, and 401k contributions (all benefits are subject to eligibility requirements).
Arbor Lodging Management provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Arbor Lodging Management complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
Salary Description
110,000 - $120,000
Salary : $110,000 - $120,000
