Regional Director of Revenue Management

Regional Director of Revenue Management Job Description Template

Our company is looking for a Regional Director of Revenue Management to join our team.

Responsibilities:

  • Identify and interpret market demand;
  • Monitor and analyze competitive rates and positioning;
  • Month to month, quarterly and yearly forecasting;
  • Complete annual hotel room revenue budgets and RevPar index goals;
  • Develop action plans to counteract any market changes;
  • Optimize distribution channels for maximum benefit of penetration;
  • Develop, implement, monitor and control rate strategies and plans;
  • STAR report analysis;
  • Coordinate various activities to further enhance revenue potential;
  • Analyze competitive hotel information and strategies;
  • Maximize overall hotel revenue through effective transient/group inventory and pricing strategies.

Requirements:

  • Strong analytical skills;
  • Prepare weekly and monthly forecasts for multiple properties;
  • Work with the hotels to ensure coding, tracking and reporting is performed correctly;
  • Ability to supply analysis on effectiveness of long and short-range decisions effecting Rooms Revenue metrics;
  • Such other similar or related duties as may be assigned;
  • Assist in developing the hotel managers so that they become proficient with revenue management within the short-term booking windows;
  • Previous experience with hotel property management systems and Central Reservations systems. Specifically, Windsurfer;
  • Review unconstrained demand and provide pricing recommendations for the optimal mix and segmentation of the business;
  • Must be able to obtain and maintain necessary licenses / permits;
  • Ensure distribution channels have accurate content and pricing parity is maintained;
  • Must be based in King of Prussia, PA;
  • Daily room inventory management;
  • Analyze local events and project their impact across multiple properties;
  • Monitor hotel and competitor rates, availability, strategies, and seasonality and adjust pricing accordingly;
  • Excellent organization and planning skills.