Revenue Manager
Hersha Hospitality Management
Opportunity: Revenue Manager
HHM Hotels is seeking an experienced Revenue Manager to lead revenue strategy for a cluster of independent hotels in the New York City market. Based in our New York Corporate Office, the role is responsible for developing and executing room sales, pricing, and distribution strategies while coordinating revenue management processes to maximize profitability across multiple properties.
Your Growth Path
Area Director – Regional Director – VP Revenue Management
Your Focuses
- Control room rates and availability in accordance with established guidelines to maximize occupancy and revenues.
- Develop, communicate and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policies.
- Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitability.
- Measure and analyze booking trends, pickup, no shows, and sources of business.
- Manage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results.
- Work with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue management.
- Communicate with hotel functional leaders to establish a collaborative approach to revenue management.
- Establish and maintain meaningful external and internal relationships
- Practice safe work habits.
- Perform other duties as requested by management.
Your Background and Skills
- College Degree in related discipline and/or prior revenue management experience.
- At least 3 years of experience in the Revenue Management discipline, in a similar area or clustered position.
- Independent hotel experience is required.
HHM Benefits and Perks
- Medical, Dental and Vision Health Insurance
- Paid Time Off
- 401k Company Match
- Free Basic Life Insurance
- 24/7 access to TELUS Health, a confidential work-life resource.
- Travel Discounts
- Employee Assistance and Wellness Program
- Educational/Professional Development
- Referral Bonus Program
Work Environment and Context
- Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.
What We Believe
People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It
Source: HHM Hotels
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