Job Description
JOB PURPOSE:
Acts as primary property revenue manager for a portfolio of Best Western Hotels. Provides revenue management services directly to assigned properties with 60% of their annual goal surrounding the hotels performance increasing year over year. Tasked with driving RevPAR Index % CHG for each hotel using a variety of proven Revenue Management tactics.
ESSENTIAL JOB RESULTS:
Acts as primary consultant for a portfolio of hotels on pricing strategy, rate strategy and yield management. Identify and develop revenue opportunities and perform competitive market analyses on a weekly basis. Consult with hotels on corporate, group and negotiated rates.
Practical advanced knowledge in conducting weekly yield management meetings to identify the success of prior week and the price/inventory strategies for future weeks. Collaborates with hotel representatives each week and then implements the agreed upon strategy in hotel PM system and a variety of BW or External systems.
Practical advanced knowledge to create and maintain demand forecasts and pace reports for each property.
Must have functional working knowledge of up to 5 property management systems in order to modify and conduct all rate changes daily/weekly on behalf of the assigned hotels. Must have working functional knowledge of standard industry tools including Smith Travel Research reports.
Qualifications
QUALIFICATIONS:
EDUCATION:
SKILLS:
ACCOUNTABILITY
Knowledge
RELATIONSHIP MANAGEMENT
PROBLEM SOLVING
OTHER REQUIREMENTS
Additional Information
All your information will be kept confidential according to EEO guidelines.