Regional Director of Revenue Management
The Rittenhouse Hotel
Regional Director Of Revenue Management
HHM Hotels is seeking an experienced and analytical Regional Director of Revenue Management to lead and oversee the revenue strategy for a prominent and dynamic portfolio of branded and independent, select-service hotels. You will develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a region of hotels.
Leadership and Strategy
- Interview, select, train, schedule, coach, and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values.
- Train, manage, and mentor Area Directors of Revenue Management in performing these functions.
- Develop, communicate, and implement sales strategies, mix of business, channel management, and pricing strategies, as well as reservations systems and related policies.
- Work with different departments to ensure similar goals and action plans to achieve optimum revenue management.
Revenue Optimization
- Control room rates and availability in accordance with established guidelines to maximize occupancy and revenues.
- Measure and analyze booking trends, pickup, no-shows, and sources of business.
- Manage and produce rate strategy tiers, booking pace by Market Segment, GDS, inventory, and monthly results.
Analysis and Reporting
- Prepare for and conduct weekly Revenue Management meetings involving rate and inventory strategies, transient/group pace, competitive business analysis, and financial forecasts.
- 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.
Professional Excellence
- Establish and maintain meaningful external and internal relationships.
- Work promptly and accurately during times of high pressure.
- Perform other duties as requested by management.
Your Background and Skills
- Associate's or Bachelor's Degree in Hospitality or a related field.
- At least 4 years of experience in the Revenue Management discipline.
- Experience managing premium hotel brands, specifically Hilton and Marriott.
- Experience using the following Revenue Management tools with a high level of skill: applicable PMS, CRS, and Revenue Management Systems, Microsoft Office, Smith Travel Reports, Rubicon Marketvision or Travelclick RateView, and Hotelligence 360.
HHM Hotels Benefits and Perks
- Medical, Dental and Vision Health Insurance
- Paid Time Off
- 401k Company Match
- Free Basic Life Insurance
- Travel Discounts
- Commuter Transit and Commuter Parking Benefits
- Quarterly Bonuses and Incentives
- Employee Assistance and Wellness Program
- Educational/Professional Development
- Technology Reimbursements
Work Environment and Context
- Work schedule varies and may include working on holidays and weekends.
- Requires standing for extended periods, walking, pushing, lifting up to 25 pounds, bending and reaching, stooping, kneeling, or crouching.
What We Believe
People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It
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