What are the responsibilities and job description for the Complex Director Of Revenue Management position at HHM Hotels?
HHM Hotels is seeking a strategic and analytical leader to join our team as the Complex Area Director of Revenue Management, overseeing revenue optimization for two premier Washington, D.C. properties : The Morrow and the Marriott Capitol Hill. In this pivotal role, you will spearhead the development and execution of revenue strategies to maximize profitability and drive market share. Collaborating closely with executive teams at both properties, you will harness data-driven insights to make impactful decisions, ensuring the continued success and competitive positioning of these iconic hotels in the vibrant D.C. market.
Compensation :
110,000 - $130,000 yearly
Responsibilities :
- Control room rates and availability in accordance with established guidelines to maximize occupancy and revenues.
- Develop, communicate, and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policies
- Prepare for and conduct weekly Revenue Management meetings involving 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, identifying areas of opportunity and strategies to improve revenue and overall profitability
- Measure and analyze booking trends, pickup, no-shows, and sources of business
- Manage, produce, and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventor,y and monthly results
- Work with the different departments to ensure similar 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, ensuring 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.
- Perform other duties as requested by management.
Qualifications :
About Company
HHM Hotels is a distinguished and award-winning hotel management and investment company with a portfolio of independent Luxury and Lifestyle, Resorts, Premium Branded and Branded Select hotels spanning the United States and Canada. Our presence in major hospitality markets across the nation positions us as a premier manager of Marriott, Hilton, Hyatt, IHG, and Choice Hotels.
We take pride in operating independent luxury and lifestyle hotels. Known for our adeptness, accountability, and entrepreneurial spirit, HHM Hotels delivers exceptional market-leading outcomes for a wide array of owners, including private equity firms, publicly traded companies, and family office investors.
Salary : $110,000 - $130,000
