Opportunity: Regional Director of Revenue Management HHM Hotels is seeking an experienced and analytical Regional Director of Revenue Management to lead and oversee the revenue strategy for a prominent cluster of branded, select-service and full-service hotels the DMV Region. You will develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a region of hotels. Your Growth Path Corporate Director of Revenue Management – Vice President of Revenue Management. HHM Hotels Benefits and Perks • Medical, Dental and Vision Health Insurance • Paid Time Off • 401k Company Match • Free Basic Life Insurance • Travel Discounts • Commuter Transit and Commuter Parking Benefits • Quarterly Bonuses and Incentives • Employee Assistance and Wellness Program • Educational/Professional Development • Technology Reimbursements Responsibilities: • Train, manage and mentor other Area Directors of Revenue Management in performing these functions. • 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 and produce rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results. • Work with the different departments to ensure similar goals, and action plans to achieve optimum revenue management. • Work promptly and accurately during times of high pressure. • 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. • Establish and maintain meaningful external and internal relationships. Qualifications: • Associate’s or Bachelor’s Degree in Hospitality or a related field. • At least 4 years of experience in the Revenue Management discipline. • DC experience is preferred. • Major brand experience is required (Marriott, Hilton, Hyatt). Compensation: $170,000 - $190,000 yearly
• Train, manage and mentor other Area Directors of Revenue Management in performing these functions. • 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 and produce rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results. • Work with the different departments to ensure similar goals, and action plans to achieve optimum revenue management. • Work promptly and accurately during times of high pressure. • 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. • Establish and maintain meaningful external and internal relationships. • Perform other duties as requested by management.