What are the responsibilities and job description for the Vacation Rental Revenue Manager position at NOLA HOTEL GROUP?
About Us:
NOLA Hotel Group is a New Orleans based hotel management company with properties such as The Eleanor New Orleans, Harcol House, Grenoble House, voco St James, Blake Hotel New Orleans, Hotel St Pierre, Andrew Jackson Hotel, and La Galerie Hotel. As we continue to expand, we are seeking a Vacation Rental Revenue Manager to join our dynamic team and lead revenue optimization strategies for our portfolio of apartment-style hotel properties.
Job Description:
As a Vacation Rental Revenue Manager, you will play a critical role in maximizing the financial performance of our apartment-style hotels. You will be responsible for setting and executing revenue management strategies, analyzing market trends, and utilizing data-driven insights to optimize pricing, occupancy, and overall revenue. Your expertise will help drive the success of our properties while ensuring an exceptional experience for our guests.
Key Responsibilities:
- Develop and implement revenue management strategies to maximize room revenue for apartment-style hotels.
- Analyze market trends, demand patterns, and competitor performance to identify opportunities for revenue growth.
- Use advanced revenue management tools and software to forecast demand and optimize pricing across various distribution channels.
- Monitor and adjust pricing strategies based on real-time market conditions, special events, and demand shifts.
- Collaborate with the marketing and sales teams to create promotions, offers, and packages that align with revenue goals.
- Generate and present regular performance reports to senior leadership, highlighting key metrics and opportunities for improvement.
- Ensure compliance with all pricing and revenue management policies and best practices.
- Stay up-to-date with industry trends, new technologies, and competitor strategies to maintain a competitive edge.
Qualifications:
- Bachelor’s degree in Business, Hospitality Management, or a related field (or equivalent work experience).
- 3 years of experience in revenue management, preferably within the vacation rental, hospitality, or apartment-style hotel industries.
- Strong proficiency in revenue management software and data analytics tools (Pricelabs, Airdna, STR).
- Excellent understanding of pricing strategies, market segmentation, and demand forecasting.
- Exceptional communication and collaboration skills, with the ability to work cross-functionally with other departments.
- Strong analytical mindset with the ability to interpret complex data and make informed decisions.
- Detail-oriented with excellent problem-solving and organizational skills.
Preferred Skills:
- Experience with property management systems (PMS) and online booking platforms (Hostaway, Resnexus, etc).
- Knowledge of New Orleans market dynamics.
- Familiarity with pricing strategies and revenue management in the vacation rental or hotel industry.
Pay:
$19/hr for 40 hours 8 hours of OT at time-and-a-half
95% paid employee health insurance paid by NOLA Hotel Group
Salary : $19
