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Area Director of Revenue Management

Hersha Hospitality Management

Opportunity: Area Director of Revenue ManagementHHM Hotels is seeking an experienced Area Director of Revenue Management to lead revenue strategy for a cluster of branded hotels in the DMV market. This remote role is responsible for developing and executing room sales, pricing, and distribution strategies while coordinating revenue management processes to maximize profitability across multiple properties.Must be based in the Eastern or Central Time Zone to align with team and business operations.Your Growth PathRegional Director of Revenue Management – Vice President of Revenue ManagementYour FocusControl 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 policiesPrepare 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 profitabilityMeasure and analyze booking trends, pickup, no shows, and sources of businessManage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly resultsWork with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue managementEstablish and maintain meaningful external and internal relationshipsInterview, select, train, schedule, coach and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values.Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.Perform other duties as requested by management.Your Background and SkillsCollege Degree Preferred.At least 5 years of experience in the Revenue Management discipline, in a similar area or clustered position.Certification with Hilton and/or Marriott brand is required.Ability to work independently in a remote environment while supporting multiple properties.Strong analytical, communication, and stakeholder management skills.HHM Hotels Benefits and PerksMedical, Dental and Vision Health InsurancePaid Time Off401k Company MatchFree Basic Life InsuranceTravel DiscountsCommuter Transit and Commuter Parking BenefitsQuarterly Bonuses and IncentivesTechnology ReimbursementsEmployee Assistance and Wellness ProgramEducational/Professional DevelopmentRemote or Hybrid Work OptionsWork Environment and ContextRequired to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.Requires occasional to moderate travel.What We BelievePeople Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own ItSource: HHM Hotels

Vacancy posted 1 day ago
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