What are the responsibilities and job description for the Revenue & Strategy Management Vice President position at Westgate Resorts?
Company Description
Westgate Las Vegas Resort & Casino is a premier destination offering luxury accommodations, award-winning dining, and thrilling casino action just one block from the famous Las Vegas Strip. As part of Westgate Resorts, we provide unforgettable vacation experiences across the country, from the sandy beaches of Florida to the snow-capped mountains of Utah. A leader in the timeshare and hospitality industry, Westgate offers affordable and diverse getaway options for every family and every budget. Whether guests seek high-energy entertainment in Las Vegas or a relaxing retreat at one of our other premier destinations, we deliver exceptional service and lasting memories.
Job Description
The Vice President of Revenue Management will oversee the property’s revenue management and distribution strategies and manages the day-to-day yield optimization for the hotel. The role is responsible for best practice standards to include competitor analysis; environmental scanning; market modeling; distribution yield management; business mix yield management; length of stay yield management; inventory availability by channel; pricing control and new pricing concepts.
Job Responsibilities
- Ensure all related systems are configured correctly, validated, and working to full capacity and the website booking process is maintained, up-to-date and functional.
- Manage and oversee strategy for all 3rd party distribution.
- Ensure that all room statistics reports, including financial statements, and any other related reports are accurate and consistent.
- Collaborate with the property Sales Team to assess, analyze, and price group business strategies.
- Analyze the overall monthly hotel performance and provide recommendations to improve short and long-term strategies.
- Create and maintain the annual hotel budget, and rooms forecast.
- Perform other duties and projects, as assigned by leadership.
Qualifications
Experience:
- A minimum of 10 years of relevant experience in the casino or hospitality industry is required.
- A minimum of 5 years leadership experience is required.
Education:
- Bachelor’s degree in business administration, Hospitality Management, Analytics or related field is preferred.
- Equivalent combination of education and progressive, relevant, and direct experience may be considered in lieu of minimum educational/experience requirements indicated above.
Knowledge &, Skills
- Must have advanced proficiency utilizing LMS, channel management systems, experience integrating OTA bookings, (casino systems a plus)
- Demonstrated experience developing department goals and action plans in accordance with property and overall company goals.
- Ability to work effectively and communicate with all levels of leadership including senior executives and operating property leadership.
- Must have intermediate to advanced proficiency with Microsoft Excel, Word, and PowerPoint.
- Demonstrated experience in statistical analysis, exceptional critical thinking skills and the ability to master new concepts, technologies, and industry trends quickly.
- Must have experience demonstrating the utmost discretion and confidentiality, this role will have access to confidential information such as customer contact information, customer financial data, and organizational financial data.
- Proven experience making hiring decisions and designing.
Additional Information
- Typical Physical and Mental Demands
Requires prolonged sitting or standing up to eight (8) hours daily; effectively communicates written and orally in English must be able to effectively coordinate several activities concurrently in a high stress environment; and understands and complies with policies and procedures, job description, daily memorandums, and other instructions. - Typical Working Condition
Work is performed in an office space environment and ability to tolerate varying conditions of noise level, temperature, illumination, and air quality.