Lead Revenue Excellence at the Pinnacle of Luxury: Director of Revenue Management Opportunity Awaits at Park Hyatt Chicago , the flagship property for Hyatt’s luxury Park Hyatt brand.

Join our vibrant team as the Director of Revenue Management , where you will play a pivotal role in optimizing revenue strategies for one of the city's finest luxury hotels. This position offers an exciting opportunity to collaborate with a dynamic team and contribute to the continued success of a Forbes Four-Star establishment.

RESPONSIBILITES (Include but not limited to) ;

Strategic Revenue Planning:

• Develop and implement comprehensive revenue management strategies to maximize overall hotel profitability.
• Conduct thorough market analysis to identify trends, opportunities, and potential challenges.
• Collaborate with various departments to align revenue strategies with the hotel's overall business objectives.

Pricing and Inventory Management:

• Oversee pricing strategies, room inventory, and distribution channels to optimize revenue and market share.
• Monitor and adjust pricing strategies based on market demand, competitor analysis, and historical data.
• Utilize industry-leading revenue management tools and systems to enhance decision-making processes with unparalleled precision and efficiency.

Forecasting and Reporting:

• Lead the preparation of accurate and insightful revenue forecasts, providing regular updates to senior management.
• Generate detailed reports and analysis on key performance indicators, market trends, and financial results.
• Identify opportunities for revenue enhancement and cost control through data-driven insights.

Team Leadership and Training:

• As a member of the Leadership Committee, you will have the opportunity to contribute significantly to the cultivation of a welcoming and inclusive environment through dedicated mentoring initiatives for all colleagues.
• Provide ongoing training and development to ensure the team stays abreast of industry best practices and emerging trends.
• Foster a collaborative and results-driven culture within the revenue management department.

Collaboration and Communication:

• Build strong relationships with external partners, including online travel agencies, to maximize distribution channels.
• Collaboratively engage with our corporate revenue team, contributing to insightful discussions and seeking guidance to drive strategic decisions.
• Continuous mentorship from the General Manager which establishes a structured platform for professional growth and development within our dynamic organization.

SALARY RANGE:

The salary range for this position is $106,400 - $164,700. Actual pay will be commensurate with experience.

BENEFITS:

Enjoy comprehensive benefits including health and welfare plans after only 30 days, financial wellbeing options such as a 401(k) plan with a match, and a variety of lifestyle benefits like paid time off, complimentary and discounted rooms at Hyatt locations worldwide, and more!

Qualifications

• Demonstrated success in a senior revenue management position within the luxury hospitality industry, with a minimum of 2 years of experience.
• Comprehensive understanding of revenue management principles, tools, and industry best practices.
• Proficiency in utilizing revenue management systems, showcasing strong analytical and strategic planning skills.
• Exceptional communication and leadership abilities, fostering effective collaboration and team dynamics.
• Proven ability to excel in a fast-paced, dynamic environment, demonstrating adaptability and resilience.

Join Park Hyatt Chicago and become part of a legacy where excellence isn't just a standard—it's a way of life. Elevate your career with us!

Hyatt is an Equal Opportunity Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity