Regional Director of Revenue Management
Schulte Hospitality Group
Role Description
Schulte Hospitality Group is seeking a dynamic, service-oriented Regional Director of Revenue Management to join our team!
- Grow RevPAR and RevPAR Index.
- Daily room inventory management.
- Monitor hotel and competitor rates, availability, strategies, and seasonality and adjust pricing accordingly.
- Review unconstrained demand and provide recommendations for the optimal mix of business.
- Establish target pricing for Group and Transient and by segment.
- Analyze local events and project their impact.
- Prepare weekly and monthly forecasts.
- Conduct displacement analysis with group or contract. Monitor online reviews.
- Review STR reports and provide analysis of hotel performance against their comp set.
- Review additional tools such as Hotelligence or Demand Positioning reports.
- Assist with the preparation of the annual rooms revenue budget and business plans.
- Ensure distribution channels have accurate content and pricing.
- Develop relationships with the Online Travel Agencies (OTA) or Third Party Intermediaries (TPI) to maximize opportunities through these channels.
- Assist with internet marketing campaigns, GDS advertising, etc.
- Assist in developing the hotel managers so that they become proficient with revenue management.
- Review prior days results and opportunities e.g. did the hotel sell out? Did overbooking have the desired effect? Did the hotel have the desired mix of business?
- Monitor group blocks and cut off dates.
- Work with the hotel to ensure coding and tracking is performed correctly.
- Review production of negotiated accounts with hotel's sales leader.
- Perform various other duties as assigned to meet business objectives.
Qualifications
- Minimum of two (2) years revenue management experience.
- Experience with hotel sales software.
Requirements
- Exceptional service and customer relations skills with ability to foster effective relationships with staff, management and clientele.
- Excellent verbal and written communication skills and ability to communicate ideas and concepts.
- Highly proficient in computers including, but not limited to Internet, Microsoft Office programs and hotel sales related programs.
- Strong facilitation and presentation skills.
Benefits
- Work Today, Get Paid today, with Daily Pay!
- Free Telemedicine and Virtual Mental Health care access for All Associates starting day one!
- Multiple Health Insurance and Life Insurance options.
- 401k Plan + Company Match.
- Paid Parental Leave.
- Paid Time Off.
- Holiday Pay.
- Pet Insurance.
- Employee Assistance Program.
- Schulte Savings Marketplace Discounts on event tickets, electronics, gym memberships + more!
Company Description
Schulte Hospitality Group is a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.
$100k - $132k
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