You haven't searched anything yet.
Position Overview:
The Director of Revenue Management is responsible for the daily operations, systems, and sales in the Reservations Department. Works with the Sales Department to accurately forecast future business. Communicates with the Front Desk staff, Sales department and Reservation team concerning sales strategy and house status on a daily basis. Supervises reservation agents in correct quoting of rates, sales effectiveness and policies.
Desired:
Key Responsibilities:
• Lead the hotels’ analytical efforts as applied to room sales.
• Support the hotels’ yield efforts, via analysis and reporting that ensure that all segments and distribution channels are “mined” for revenue opportunities based on budget, forecast, pace and market demand.
• Develop and maintain an innovative, forward-thinking team attitude, driven towards improvement.
• Maximize the potential and ensure proactive and accurate maintenance and management of all systems: Duetto, SynXis, Opera, and BI.
• “Partner” with the Sales, Marketing, and Finance team, providing analysis, reporting and data collection for teams as needed.
• Provide analytical research documents and reports in support of the annual Rate and Budget processes as well as development of the Business Plan.
• Take lead in writing, communicating, and providing analytical research, documents, and reports to complete required Financial Reports to ownership and executive leadership.
• Identify and communicate demand periods (high and low) for which a strategic plan is needed; build the strategic plan in conjunction with Sales Team.
• Ensure that the necessary reports are maintained and systematically analyzed, containing market intelligence reports including but not limited to: Demand360, Hotelligence, STR, DaySTR, Pulse BI, Forecasts, etc.
• Lead Weekly Revenue Meetings, provide insight and recommendations in terms of pricing, availability, market demand and promotional opportunities for all segments and channels.
• Ensure hotel’s yield strategy is accurately implemented and with a sense of urgency in all distribution channels via Duetto, SynXis, Opera, etc. for all future dates.
• Create a strong, open minded revenue culture throughout entire hotel.
• Develop, grow, and mentor team members and junior managers in other disciplines outside of revenue department.
• Creates and manages a departmental budget.
• Collects and then provides multi-varied information about the competitive environment to a variety of internal customers.
• Interfaces with contacts and customers as required.
Qualifications:
The Dream Hollywood Hotel is committed to creating a diverse environment and is proud to be an equal opportunity employer. We prohibit discrimination and/or harassment of any type. All qualified candidates will receive consideration for employment without regard to race, religion, religious creed, color, national origin, ancestry, citizenship, sex, sexual orientation, gender, gender identify, gender expression, age, pregnancy or related medical conditions, parental status, veteran and/or military status, physical or mental disability, genetic information or characteristics, domestic violence survivor status, marital status, arrest and conviction records or other characteristics prohibited by federal, state or local law.
Full Time
Accommodations
$98k-136k (estimate)
05/27/2023
06/21/2024
dreamhotelgroup.com
LOS ANGELES, CA
200 - 500
1986
AMIT PATEL
<$5M
Accommodations
Who We Are Dream Hotel Group is a hotel brand and management company with a rich, 30-year history of managing properties in some of the worlds most highly competitive hotel environments. Home to its Dream Hotels, Time Hotels, The Chatwal, Unscripted Hotels and new By Dream Hotel Group brands, Dream Hotel Group encompasses three business lines: Proprietary Brands, Hotel Management, and Dining & Nightlife. The Company is committed to the philosophy that forward-thinking design, service and guest experiences should be available across market segments. Dream Hotel Group is dedicated to offering tr ...
avelers an authentic connection to their chosen destination through a truly original approach. Dream Hotel Group corporate offices are located at 200 West 55th Street in Midtown Manhattan. For more information, visit www.dreamhotelgroup.com.
More
Show Less
The job skills required for Director of Revenue Management include Revenue Management, Analysis, Leadership, Pricing, Communicates Effectively, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Revenue Management. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Revenue Management. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director of Revenue Management positions, which can be used as a reference in future career path planning. As a Director of Revenue Management, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Revenue Management. You can explore the career advancement for a Director of Revenue Management below and select your interested title to get hiring information.