Area Director of Revenue Management

HHM Hotels (NYC Corporate Office)

New York, NY

posted June 19, 2024

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Compensation: $85,000 to $110,000 per year

Overview

Opportunity: Area Director of Revenue Management

Develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of hotels.

Your Growth Path

Regional Director of Revenue Management Vice President of Revenue Management

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 HHMs EarthView program.
  • Practice safe work habits, wear protective safety equipment and follow
  • Perform other duties as requested by management.
  • Your Background and Skills

    • College Degree Preferred.
    • At least 2 years of experience in the Revenue Management discipline.

    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
    • Technology Reimbursements
    • Employee Assistance and Wellness Program
    • Educational/Professional Development
    • Remote or Hybrid Work Options

    Work Environment and Context

    • Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.
    • Requires occasional to moderate travel.

    What We Believe

    People Are Our Capability Hearts That Serve Only Excellence Stay Nimble - Own It

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