Area Revenue Manager
$120k - $125kSage Hospitality Group
Achieving personal and professional growth is one of our values at Sage Hospitality Group. We believe that it’s not just about the work you do - it’s about who you are! We support our associates in finding the perfect balance between what they do and who they are. By encouraging associates to take initiative and responsibility for their own advancement, we empower them to own their outcomes - both personally and professionally. Why Join Us Be part of a winning, award-winning team Play a vital role in our continued growth Impact guests’ experiences and community connections Enjoy a friendly, inclusive, and energizing work environment Grow your career in hospitality with a company that believes in making the ordinary extraordinary
YOU BELONG HERE!!
Key Responsibilities Maximize revenue, profit, and market share associated with rooms and function space for each property. Manage the processes associated with demand, revenue, forecasting, opportunity analysis, and inventory management. Determine and manage hotels’ sales strategy and pricing for transient, group, and catering. Identify future market and hotel opportunities and effectively communicate through the organization. Assist the management of all hotels in monitoring and analyzing demand patterns so that strategic daily selling strategies can be implemented to consistently drive REVPAR. Continuously monitor competition to make proper recommendations for system settings and rate placement for each hotel. Travel to Sage properties to evaluate the front office operation and staff. Develop a program and provide training to all reservations, guest service agents, and front office staff so they can properly up‑sell and negotiate. Ensure appropriate reservation sales training is being conducted with property Front Office and Reservation Sales staffs. Meet with the GM and evaluate their rate‑management capabilities and knowledge, and develop a learning plan that will help train the GM on day‑to‑day tasks. Monitor daily flash reports and make recommendations and provide support to the staff as necessary. Create and analyze competitive hotel information to assist in proper decision‑making. Develop appropriate selling strategies, including recommendations on rate, arrival patterns, length of stay, and discount rate availability. Ensure updated information exists in all channels (Reservation systems, Internet, GDS, etc). Identify revenue problems and opportunities with sufficient lead time to positively impact revenues, consistently taking a strategic approach for each hotel. Deal effectively with people, fostering teamwork, and leading by example. Ensure a strategic mix of business and pricing strategies are set for each hotel based on market conditions to maximize revenue and profitability. Conduct continuous analysis of competitive sets, price positioning, seasonality, and mix. Use all Yield Management tools available to maximize efforts. Manage property participation and production through relevant Internet sites and other distribution channels (CRO, GDS, ADS, and Travel Agency Consortiums). Assist in developing the annual property Business and Marketing Plans. Complete the day‑by‑day budget model for the annual Business Plans. Teach and coach company managers to strive for revenue forecasts to be accurate within 5%. Continuously seek improvement in revenue management practices. Provide displacement analysis solutions as needed. Lead the annual Request for Proposal (RFP) process. Education / Formal Training Four‑year degree preferred. Experience Minimum of two years’ experience and proven revenue management or reservations experience. Multi‑property experience strongly preferred. Knowledge / Skills Excellent knowledge of transient, group, and catering customer segments. Excellent personal management skills; time management, meeting deadlines, effective communication, and presentation skills. Excellent understanding of total hotel revenue management concepts, processes, and systems. Understanding of both Brand strategies and cultures and Independent Hotel positioning. Knowledge of advanced revenue management techniques. Physical Demands Sitting 85%, walking 5%, standing 5%. Bending, kneeling, lifting, climbing 5%. Travel – 30% to 50% travel to hotel properties required. Environment Prolonged sitting throughout entire shift at a computerized workstation in an office environment. Benefits Two (2) medical plan options Dental Vision Life Insurance Accidental Death & Dismemberment (AD&D) Short Term Disability (STD) Long Term Disability (LTD) Critical Illness Employee Assistance Program Vacation Ten (10) holidays Adoption Assistance Educational Assistance Employee Referral Program Hotel Room and Restaurant Discounts 401(k) with a company match (after 60 days) Salary: USD $120,000.00 – USD $125,000.00 / Yr. #J-18808-Ljbffr Sage Hospitality Group$96.51k - $155.38k
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