DIRECTOR OF REVENUE MANAGEMENT | HILTON PHOENIX RESORT
Crescent Hotels & Resorts · Greater Phoenix Area · 1 wk ago
Finance$60/hrFull-time
About the role
Hilton Phoenix Resort at the Peak is seeking an experienced Director of Revenue Management to join its dynamic team. This role is part of a transformative repositioning following a $60M+ renovation.
Responsibilities
- Develop and execute revenue management and commercial strategies to drive revenue generation, optimize market positioning, and maximize profitability.
- Collaborate with property operations, sales, digital marketing, and finance teams to align commercial strategies with the hotel's overall business objectives.
- Conduct in-depth analysis of KPIs, market trends, and competitor pricing to identify opportunities for improvement and optimize strategies.
- Utilize demand forecasting, booking trends, and historical data to optimize pricing, inventory allocation, and distribution channels for the property.
- Oversee the implementation of sales and marketing initiatives that complement revenue management goals and enhance the hotel's market position.
- Establish and maintain relationships with distribution partners, online travel agencies (OTAs), global distribution systems (GDS), and other key channels to maximize the property’s visibility and revenue potential.
- Develop strategies for group bookings, corporate accounts, and other key revenue-generating contracts in collaboration with the property team.
- Stay informed about industry trends, technological advancements, and emerging best practices in revenue management and commercial strategy to continuously refine strategies and drive performance.
- Provide leadership and mentorship to the property’s commercial team, ensuring adherence to best practices and alignment with commercial objectives.
Requirements
- Minimum of 4 years' experience in Commercial / Revenue Management required.
- Experience with Hilton systems including OnQ, GRO, and IDeaS is required.
- Previous commercial or revenue management experience in a large full-service resort or convention hotel with significant group and catering contribution highly preferred.
- Proven experience in revenue management or commercial strategy development within the hospitality industry, with a strong leadership background.
- Strong analytical and data interpretation skills, with the ability to translate insights into actionable revenue strategies.
- Proficiency with revenue management system software (e.g., IDeaS), commercial strategy tools, and customer relationship management (CRM) systems.
- Excellent interpersonal and communication skills, with the ability to influence and collaborate with cross-functional teams at various levels.
- Strategic thinker with a focus on driving revenue growth, improving market share, and achieving key business objectives.
- Demonstrated leadership capabilities, with experience in managing and developing revenue teams.
- Flexibility and adaptability in a fast-paced environment, with the ability to lead change initiatives and respond to evolving market conditions.
- In-depth knowledge of hospitality industry regulations, revenue management principles, and commercial strategy best practices.
Qualifications
- Education: Bachelor's degree in Business Administration, Hotel Management, Economics, or a related field.
- Professional Certifications: Preferred certifications in revenue management or similar fields.
Skills
- Revenue Management Software Proficiency: IDeaS, OnQ, GRO.
- Commercial Strategy Tools: CRM Systems.
- Data Analysis: Advanced Excel, Tableau, etc.
- Communication and Collaboration: Excellent interpersonal and communication skills, with the ability to influence and collaborate with cross-functional teams.
- Leadership: Proven leadership capabilities, with experience in managing and developing revenue teams.
Benefits
- Competitive Salary and Bonus Potential
- Exceptional Benefit Plan for Eligible Associates & Family Members
- 401K Matching Program for Eligible Associates
- Flexible Scheduling to Allow You to Focus on What is Important to You
- Discounts with Our Crescent Managed Properties in North America for You & Your Family Members
Pay
Commensurate with experience.
Schedule
Varies based on department needs.