Area Director Of Revenue Management - Branded Hotels

HHM Hotels

Area Director Of Revenue Management - Branded Hotels

Washington D.C., DC
Full Time
Paid
  • Responsibilities

    Opportunity: Area Director of Revenue Management Join HHM Hotels as Area Director of Revenue Management and make a significant impact. Oversee a dynamic cluster of branded hotels in the vibrant DC metropolitan area. Leverage your strategic acumen to drive revenue growth, optimize pricing, and maximize market share across this high-demand region. HHM Hotels, a renowned hospitality management company, offers a collaborative environment and opportunities for professional development. This is a remote position, but must be based in the DMV area. Responsibilities: 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 Qualifications: Your Background and Skills • College Degree preferred • Hilton experience required, Marriott experience a plus • At least 2 years of experience in the Revenue Management discipline Compensation: $80,000 - $100,000 yearly

    • 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

  • Compensation
    $80,000-$100,000 per year