What are the responsibilities and job description for the Director of Revenue Management position at Renowned Recruitment Group?
Director of Revenue Management
Napa CA $140000 $150000 Direct FullTime OnSite Hospitality
Our client is seeking a highly experienced and strategic Director of Revenue Management to oversee the company's revenue operations. The Director of Revenue Management will be responsible for developing and implementing revenue management strategies to maximize the company's profitability and ensure its longterm success. This position will report to the General Manager and will work closely with the Sales and Marketing teams to align revenue goals with business objectives.
RESPONSIBILITIES
- Develop and implement revenue management strategies that drive profitability for the hotel.
- Analyze market trends and adjust pricing strategies to optimize revenue and occupancy.
- Develop and maintain relationships with key industry stakeholders including travel agents corporate clients and online travel agencies.
- Collaborate with the Sales and Marketing teams to develop and execute promotional campaigns and pricing strategies.
- Monitor and analyze hotel occupancy rates revenue and market share to identify opportunities for improvement.
- Manage the hotel's inventory and pricing across all distribution channels including direct and indirect channels.
- Conduct regular competitive analysis to stay informed on market trends and identify opportunities for growth.
- Provide regular reports on revenue performance to the General Manager and other stakeholders.
- Lead and mentor the revenue management team providing guidance and support to ensure that revenue goals are met.
QUALIFICATIONS
RRG19
Key Skills
Crisis Management,Marketing,Public Relations,Fundraising,Media Relations,Constant Contact,Strategic Planning,Social Media Management,Team Management,Public Speaking,Wordpress,Writing Skills
Employment Type : Full Time
Salary : $150,000
