Area Director of Revenue Management

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Job description

Overview:Opportunity: Area Director of Revenue ManagementDevelop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of hotels.Potential Career PathRegional Director of Revenue Management - Vice President of Revenue ManagementEssential Job FunctionsControl 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 policiesPrepare 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 profitabilityMeasure and analyze booking trends, pickup, no shows, and sources of businessManage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly resultsWork with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue managementEstablish and maintain meaningful external and internal relationshipsInterview, 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 followMSDS and OSHA standards.Perform other duties as requested by management.Position RequirementsCollege Degree Preferred.At least 2 years of experience in the Revenue Management discipline.Work Environment and ContextRequired 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 BelievePeople Are Our Capability - Hearts That Serve - Only Excellence - Stay Nimble - Own ItAbout Us :HHM 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.