Jobs · Finance · Maryland

Area Director of Revenue Management

Sage Hospitality Group · Rockville, MD · 4 days ago
FinanceFull-time

Canopy by Hilton Washington DC Bethesda North

  • Responsibilities:
  • Maximizes revenue, profit, and market share associated with rooms and function space of assigned hotels.
  • Works with hotel leaders to recommend and identify future markets, hotel opportunities, guide hotels sales strategy and pricing for transient, group, and catering.
  • Ensures a strategic mix of business and pricing strategies are set based on market conditions to achieve sell out efficiency, targeted marketing, maximized revenue, profitability and Annual Budget/Business Plans are aligned.
  • Partners with GMs’ and Sales Leaders’ to ensure a strategic mix of business and pricing strategies are set based on market conditions to achieve sell out efficiency, targeted marketing, maximized revenue, profitability and Annual Budget/Business Plans are aligned.
  • Manages property participation and production through relevant Internet sites and other distribution channels (CRO, GDS, ADS, and Travel Agency Consortiums).
  • Builds/maintains relationships with OTA Market Managers and ensures best representation on third-party web sites.
  • Develops monthly room’s revenue forecast to be accurate within 5%.
  • Reviews & analyzes online reputation management tool and online marketing analytics.
  • Performs special projects and other responsibilities as assigned.
  • Directs reports where applicable: Group Coordinator, Reservations Sales Agents, Inventory Manager or Sales Reporting & System Analyst.

Area Director of Revenue Management

Requirements

  • Four year degree preferred.
  • Experience: 3-5 years of Revenue Management experience required. Multi-property experience preferred, but not required.
  • Knowledge/Skills: Excellent knowledge of transient, group, and catering customer segments; Excellent personal management skills; time management, meeting deadlines, effective communication and presentations skills; Excellent understanding of total hotel revenue management concepts, processes, and systems; Understands both Brand strategies and cultures; Knowledge of advanced revenue management techniques; Must be extremely confidential and able to manage sensitive and confidential situations tactfully; Negotiate, convince, sell and influence professionals and or associates; Ability to work under pressure and have the ability to complete multiple tasks simultaneously; Excellent reading and effective writing abilities for completing paperwork and management reports, giving and receiving instructions, review and preparation of all documentation and training; Excellent mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances.

Qualifications

  • Prolonged sitting throughout entire shift at computerized workstation in office environment.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands

  • Excellent hearing required to discern/resolve employee complaints, issues and participation in meetings for feedback.
  • Excellent vision required - 100% in review preparation of all documentation - applications, write-ups, reviews.
  • Sitting 85%, Walking 5%, Standing 5%, bending, kneeling, lifting, climbing 5%.
  • Travel - 30-50% travel to hotel properties required.

Environment

  • Prolonged sitting throughout entire shift at computerized workstation in office environment.

Benefits

  • Unlimited paid time off
  • Medical, dental, & vision insurance
  • Eligible to participate in the Company’s 401(k) program with employer matching
  • Health savings and flexible spending accounts
  • Basic Life and AD&D insurance
  • Company-paid short-term disability
  • Family and Medical Leave Act (FMLA) leave for up to a period of 12 weeks
  • Employee Assistance Program
  • Great discounts on Hotels, Restaurants, and much more
  • Eligible to participate in the Employee Referral Bonus Program. Up to $1,000 per referral.
  • USD $120,000.00 - USD $125,000.00 /Hr.

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