Director Of Revenue Management

HHM Hotels

Director Of Revenue Management

Remote,
Full Time
Paid
  • Responsibilities

    Opportunity: Director of Revenue Management We are seeking a dynamic and experienced Director of Revenue Management to lead the strategic revenue efforts for the Renaissance Denver Hotel and Convention Center. This remote-based role requires a seasoned professional with a strong background in full-service Marriott properties, extensive experience with CI/TY systems, and a proven track record, preferably in the Denver hospitality market. As a key member of our leadership team, you will develop and implement innovative revenue strategies to maximize profitability and market share for this premier hotel and convention destination. Your Growth Regional Director of Revenue Management – Vice President of Revenue Management 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. • At least 2 years of experience in the Revenue Management discipline in a similar-sized hotel. • Marriott experience is A MUST, Marriott One Yield certification and experience with CI/TY are required. Compensation: $100,000 - $120,000 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
    $100,000-$120,000 per year