What are the responsibilities and job description for the InnVentures Revenue Manager position at InnVentures?
InnVentures Overview
Driven by an innovative, entrepreneurial spirit, InnVentures has a culture of building teams that produce winning results. We operate over 75 hotels in 20 states for some of the Nation's largest REIT's and private real estate owners, in addition to a large portfolio of individual and family-owned hotels. Throughout our 40-year history we have established proven methods of management, development, and revenue maximization resulting in a trusted acumen for operating major hotel brands.
Overview
The Revenue Manager is responsible for identifying and maximizing all potential revenue opportunities for the hotel. In today's lodging environment, understanding channel and yield management is critical for maximizing revenues. The Revenue Manager is responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share. This includes the analysis of revenue potential generated by the transient and group market segments as well as the market segmentation within transient and group.
We offer eligible employees a number of benefits to enhance their health and well-being :
Group insurance, including medical, dental, vision and company-paid life insurance
Paid time off
Company-matched 401(k) plan
Voluntary benefits including short term disability, long term disability, accident, life, critical illness and Flexible Spending Account
Life enrichment benefits including hotel benefits, employee assistance program, leadership development program and more!
Get paid daily
Responsibilities
Minimum 4 years hotel experience in a management position
Strategic, proactive leader willing to take risks
Experience with Revenue Management platforms : One Yield, GRO, Hotelligence, Marsha, OnQ R&I
Familiar with a hotel revenue budget and revenue segmentation strategies
Able to provide hands-on leadership to facilitate revenue meetings and hotel strategy meetings
Strategic thinker with transient and group segments
Able to analyze, understand and interpret sales / revenue reports for our hotels
Familiar with eSales / eTools
Familiar with rational pricing, local accounts, national accounts, RFP process and GDS systems
Experience in PMS systems : OnQ and / or FOSSE
Proficient in Excel and PowerPoint
Able to actively participate and understand the sales effort of the hotels and establish relationships with the hotel's key accounts national account directors
Ability to identify problems and implement or recommend solutions
Excellent verbal and written communication skills and the ability to work well across multiple hotels
Qualifications
At least 2 years experience in the Revenue Management field as manager or senior analyst
Bachelor's degree or equivalent in Hotel or Hospitality Management or closely related field preferred
In-Depth knowledge of all industry reports such as STR, Hotelligence, Market Vision, etc.
Proficient in Microsoft Excel, Word, Power Point
Ability to work quickly in a high-pressure & high stress environment
Ability to communicate clearly both verbally and in writing
Excellent time management skills
Exceptional with details and follow up
Flexible and long hours sometimes required.
Maintain a warm and friendly demeanor at all times.
Must be able to effectively communicate both verbally and written, with all level of employees and guests in an attentive, friendly, courteous and service oriented manner.
Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests.
Must be able to multitask and prioritize departmental functions to meet deadlines.
Approach all encounters with guests and employees in an attentive, friendly, courteous and service-oriented manner.
Attend all hotel required meetings and trainings.
Maintain high standards of personal appearance and grooming, which include wearing nametags.
Maximize efforts towards productivity, identify problem areas and assist in implementing solutions.
Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary.
Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives.
Must be able to maintain confidentiality of information.
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