Director of Revenue Management

Posted Date 4 days ago(11/13/2024 9:38 PM)
ID
2024-60984
Type
Regular Full-Time
Property Name
Hotel Nia
Location
200 Independence Dr Menlo Park California 94025 US
Minimum
USD $100,000.00/Yr.
Maximum
USD $125,000.00/Yr.
Tag Details
#LI-HC1

Overview

Opportunity:  Director of Revenue Management

 

Develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for the hotel. 

 

Your Growth 

Regional Director of Revenue Management – Vice President of Revenue Management

 

Your Focuses

  • Control 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 policies.
  • Prepare 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 profitability.
  • Measure and analyze booking trends, pickup, no shows, and sources of business.
  • Manage, produce, and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results.
  • Work with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue management.
  • Establish and maintain meaningful external and internal relationships.
  • Interview, select, train, schedule, coach, and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values. 
  • Follow sustainability guidelines and practices related to HHM’s EarthView program.
  • Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
  • Perform other duties as requested by management.


Your Background and Skills

  • College Degree Preferred.
  • At least 2 years of experience in the Revenue Management discipline.

Work Environment and Context

  • Required 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 Believe

 

People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It

 

The compensation range for this role is $100,000.00-$125,000.00 and the determined salary will be commensurate with the candidate’s qualifications and experience within the hospitality industry.

About Us

This property is a part of the Echelon Luxury & Lifestyle division of HHM Hotels. 

 

HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

 

To see other opportunities at this location, click here.

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