Regional Director of Revenue Management

Excel Hotel Group

$120K — $135K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in revenue management or related field
  • Strong understanding of channel and yield management
  • Proven track record in increasing RevPAR and optimizing market mix
  • Excellent analytical skills and strategic thinking
  • Ability to analyze local market dynamics and demand generators

Responsibilities

  • Establish pricing levels for assigned hotel segments
  • Manage daily inventory of rooms
  • Monitor competitor rates and strategies
  • Analyze local events to derive revenue opportunities
  • Communicate occupancy fluctuations to operational teams
  • Perform demand analysis to identify optimal business mix
  • Prepare detailed short- and long-term revenue forecasts

Benefits

  • Paid time off
  • 401(k) with company matching
  • Medical, dental, and life insurance
  • Excellent travel discount program
  • Opportunities for career growth and internal promotions
Full Job Description
Benefits:
  • Paid time off
  • 401(k)
  • 401(k) matching


Regional Director of Revenue Management
Company Headquarters: San Diego, CA
Company Type: Privately Held, Select-Service Hotel Management Company

The Director of Revenue Management is responsible for identifying and maximizing potential revenue opportunities for the hotels. In today's lodging environment, understanding channel and yield management is critical for maximizing revenues. The Director of Revenue Management is responsible for formulating long- and short-term strategies and for overseeing their successful execution towards the advancement of RevPAR. This includes the analysis of revenue potential generated by transient and group market segments as well as the optimization of market mix, catering and space utilization, and other revenue considerations to achieve maximum revenue every day of the year.

Responsibilities Include:

  • Establish pricing levels in all segments for assigned hotels
  • Manage daily room inventory
  • Monitor competitor rates, positioning, strategies and data
  • Maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management
  • Analyze local events and activities and project the effect of opportunities they create
  • Monitor and communicate fluctuations in occupancy to operational departments in order to effectively manage staffing requirements
  • Perform unconstrained demand analysis to determine optimal business mix
  • Prepare short- and long-term forecasts including Weekly Forecasts, 30 60 90 Forecasts, and Full-Year Forecasts
  • Oversee process for evaluating all opportunities for contracted business (group, wholesale, corporate negotiated, etc.) presented through the Sales department. Ensure that process enables high speed of response while maximizing profits


Benefits/Perks
  • Excellent benefits include: Medical, dental, life, PTO, and 401k with company match
  • We offer an excellent travel discount program.
  • Opportunity to grow, we promote from within


Compensation: $120,000.00 - $135,000.00 per year

We are a growing hotel ownership/management company that has an outstanding reputation for quality products and services. We are a privately owned family run business and treat our associates like family.

Credit for our success goes to every one of our Associates. Every job here is important, and we depend on each other to help achieve our professional and personal goals. We are looking for individuals that thrive in a fast paced environment, enjoy being at the service of others, and who do the right thing.

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