Director of Revenue Management
$150kTurning Stone Enterprises
Job Requirements Starting Salary: $150,000 yearly + depending on experience This is an on-site position located in Verona, NY. Turning Stone Enterprises is seeking a strategic, analytically driven Director of Revenue Management to lead revenue strategy across our diverse hotel portfolio. In this high-impact role, you'll shape pricing, forecasting, and inventory strategies that maximize profitability while building a strong long-term occupancy base-up to six years into the future. Reporting to the Vice President of Strategic Analytics & Revenue Optimization, you'll partner closely with Sales, Hotel Operations, Casino Marketing, Player Development, Gaming, Golf, and Marketing to align enterprise-wide revenue initiatives. The ideal candidate is a collaborative leader with deep hotel revenue expertise, strong analytical skills, and a proven ability to influence cross-functional teams. If you're motivated by driving growth, optimizing performance, and setting long-term strategy for a major hospitality enterprise, this role offers the opportunity to make a significant impact. What does a Director of Revenue Management do?
- Directs the development of pricing and inventory strategies for all hotel properties, tailored to each brand's unique positioning, to optimize profitability while preserving our brand standards.
- Provides accurate forecasts of revenue, occupancy, average daily rate, and variances to budget; evaluates business performance against key performance indicators, and delivers actionable recommendations to optimize profitability while preserving our brand standards.
- Conducts competitive set analyses and market trend evaluations to ensure Turning Stone hotels remain positioned favorably to key competitors.
- Manages revenue strategy meetings with property leadership to align tactics and strategy.
- Partners closely with the Sales, Hotel Operations, Casino Marketing, Player Development, Gaming, and Golf teams to evaluate, negotiate, and price business, balancing profitability with establishing a solid base of occupancy up to 6 years into the future while preserving our brand standards.
- Conducts displacement and profitability analyses for group and convention business, ensuring optimal contribution to overall enterprise results.
- Collaborates with Sales leadership on pace management, convention calendar optimization, and long-term group contracting strategies.
- Aligns group pricing and inventory strategies with transient demand to maximize overall enterprise value.
- Analyzes pickup, pace, and booking patterns to optimize transient, group, and package revenue.
- Develops monthly and quarterly performance reports with insights and recommendations to improve long-term strategies.
- Oversees displacement analysis for group and transient business (conventions, tour & travel, casino events, and golf groups) to maximize profitability while preserving our brand standards.
- Directs channel management strategy, ensuring an optimal mix of direct, online travel agency, casino, and group business while preserving our brand standards.
- Partners with Enterprise Marketing and Digital teams to enhance website conversion, optimize promotions, and strengthen loyalty channels.
- Maintains strategic relationships with key third-party partners and technology providers, including Duetto.
- Works dynamically, in real time, with the Group Sales Team to provide optimal room rate guidance in support of RFP responses. This role will act as a business partner to the Group Sales team.
- Works closely with Engagement & Loyalty (player development), Finance, and Hotel Operations (hospitality, golf & spa) to ensure revenue strategies align with enterprise goals.
- Partners with the Marketing and Engagement & Loyalty teams to build demand-driving promotions while safeguarding rate integrity.
- Advises senior leadership on strategic initiatives, promotions, and future price strategies.
- Leads, supervises, and mentors the existing Revenue Optimization Analyst; fosters a culture of data-driven decision making, accountability, and continuous improvement.
- Provides training and development on revenue management systems, forecasting, and reporting tools.
- Champions collaboration across all properties to ensure consistent adoption of best practices.
- Develops standardized revenue management processes, policies, and supporting tools to improve efficiency and decision quality.
- Evaluates and implements new technologies to enhance forecasting, reporting, and data visualization capabilities.
- Facilitates enterprise-wide revenue strategy discussions, including cross-business initiatives such as promotions, comps strategy, and enterprise budgeting.
- Supports ancillary revenue optimization opportunities across the enterprise, including package design and cross-sell strategies tied to gaming, golf, spa, and entertainment.
- Bachelor's degree in Business, Hospitality, Finance, Analytics, or related field; Master's degree preferred.
- 7+ years of progressive experience in hotel revenue management or analytics, including direct responsibility for multi-property or resort portfolio performance.
- Expertise with revenue optimization systems (Duetto or equivalent).
- Strong proficiency with business intelligence and reporting tools (SQL, Power BI, Excel).
- Deep understanding of hotel, resort, and casino operations and their impact on revenue performance.
- Proven success in partnering with Sales teams to evaluate and secure long-term group business (up to 6 years out) that balances profitability and baseline occupancy.
- Proven ability to communicate effectively with executive leadership and cross-functional teams.
- Exceptional analytical skills, financial acumen, and attention to detail.
- Ability to manage multiple priorities, lead a team, and deliver results in a fast-paced environment.
- Must maintain confidentiality and demonstrate integrity in all business dealings.
- Ability to stand/walk for long periods of time and lift up to 11 - 20 pounds.
- Revenue Management Platforms (Duetto, IDeaS, Rainmaker)
- Property Management Systems (LMS, Opera, or similar)
- Microsoft Excel (advanced modeling and analytics)
- SQL databases and querying languages
- Business Intelligence platforms (Power BI, Tableau, Alteryx)
- Data visualization and reporting techniques
- Strategic Leadership: Ability to set vision and lead large-scale revenue initiatives.
- Analytical Expertise: Translates complex data into actionable business strategies.
- Collaboration & Influence: Builds strong partnerships across hotel, casino, and enterprise functions.
- Innovation: Seeks and implements new tools and techniques to gain a competitive edge.
- Results-Driven: Consistently delivers on performance goals and revenue targets.
- Positivity - Team members who are passionate to learn, energetic to hit the ground running and willing to grow in a professional, team-oriented environment with a focus on guest service.
- Growth Opportunities - We offer a successful journey, including hands-on training and support to advance your career.
- Empowerment - We believe in our team members. With learning opportunities, career growth potential and recognition of outstanding performance, we encourage our team to take pride in their work.
- Paid weekly
- Variety of schedules
- Paid time off
- Tuition assistance
- Career-building professional development
- Discounts from dining to fuel to concerts
- Team Member appreciation events
- Quality healthcare and dental benefits
- A robust 401k retirement plan
- Dealer School
- Finance Scholarship Program
Vacancy posted 5 days ago
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