Manager-Revenue Management 1

Additional Information Job Number 26082873 Job Category Revenue Management Location 201 Waterfront St, National Harbor, Maryland, United States, 20745 Schedule Full Time Located Remotely? N Position Type Management Pay Range $79,859-$109,000 annually Bonus Eligible Y Job Summary Manages rooms and function space inventory and ensures inventory is allocated and restricted properly to maximize revenue and profits for hotels in the market. Responsible for building rates, packages and hotel sales strategy information in the hotel(s)’ inventory systems. The position makes pricing and positioning recommendations for market hotels. Conducts analysis of revenue, profit and demand associated with hotel rooms and space inventory. Position contributes to forecasts, budgets, weekly and daily projections. Position critiques sales strategy effectiveness and prepares historical and future analysis of revenue and profit opportunities.

CANDIDATE PROFILE

Education And Experience 2‑year degree from an accredited university in Business Administration, Finance, Accounting, Economics, Hotel and Restaurant Management, or related major; 3 years experience in revenue management, sales and marketing, or related area. 4‑year bachelor’s degree from an accredited university in Business Administration, Finance, Accounting, Economics, Hotel and Restaurant Management, or related major; 1 year experience in revenue management, sales and marketing, or related area.

CORE WORK ACTIVITIES

Executing Revenue Management Projects and Strategy Manages room authorizations, rates and restrictions. Manages function space authorizations, restrictions and rental. Manages rooms inventory to maximize cluster rooms revenue. Maintains the transient rooms inventory for the hotel(s) and is responsible for maximizing transient revenue. Releases group rooms back into general inventory and ensures clean booking windows for customers. Ensures that the hotel(s) sales strategies are effectively implemented in the reservation and inventory systems. Prepares sales strategy critique. Monitors transient and group inventory daily to ensure straight‑line availability and maximization of revenue potential for all brands. Ensures that sales strategies and rate restrictions are communicated, implemented and modified as market conditions fluctuate. Supports cluster selling initiatives by working with all reservation centers. Uses reservation and demand forecasting systems to determine, implement and control selling strategies. Ensures property diagnostic processes (PDP) are used to maximize revenue and profits. Initiates, implements and evaluates revenue tests. Ensures compliance and participation in company promotions and eCommerce channels. Ensures all hotels follow brand strategies that maintain or increase RevPAR and RevPAS. Understands the working relationship between sales, reservations and property management systems. Participates in quarterly regional reviews. Promotes and protects brand equity. Achieves and exceeds performance, budget and team goals. Attends meetings to plan, organize, prioritize, coordinate and manage activities and solutions. Establishes long‑range objectives and specifies the strategies and actions to achieve them. Demonstrates knowledge of job‑relevant issues, products, systems and processes. Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.). Explores opportunities that drive profit, create value for clients and encourage innovation; challenges existing processes, systems and products to make improvements. Analyzing and Reporting Revenue Management Data Compiles information, analyzes and monitors actual sales against projected sales. Creates long‑range forecast for rooms and catering by segment and updates forecast every period. Creates weekly forecast for property operations and staffing purposes. Conducts sales strategy analysis and refines as appropriate to increase market share for all properties. Maintains accurate reservation system information. Analyzes period end and other available systems data to identify trends, future needs and obstacles to achieving goals. Generates updates on transient segment each period. Assists with account diagnostics process and validates conclusions. Provides revenue analysis functional expertise to general managers, property leadership teams and market sales leaders. Prepares forecasts of revenue, profit, demand and occupancy for rooms and function space – three‑month and six‑month, long‑range and budget. Prepares revenue and profit opportunity analysis. Manages all revenue, profit and demand data associated with rooms and function space. Develops and/or uses analytical tools and systems to maximize revenues and profit. Identifies underlying principles, reasons or facts of information by breaking down information or data into separate parts. Analyzes information and evaluates results to choose the best solution and solve problems. Uses computers and computer systems (hardware and software) to program, write software, set up functions, enter data or process information. Generates and provides accurate and timely results in the form of reports and presentations. Building Successful Relationships Develops and manages internal key stakeholder relationships in a proactive manner. Act as a liaison, when necessary, between property and regional/corporate systems support. At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non‑discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law. We’re proud to offer a wide range of benefits designed to support you and your family, enrich your wellbeing, empower your career, and spark new adventures. Benefits eligibility and options may vary depending on employment status, position and location. Click here to learn more. #J-18808-Ljbffr Gaylord Hotels