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Regional Director of Revenue Management
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$176k-242k (estimate)
Full Time 1 Week Ago
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HHM Hotels - Chicago Region is Hiring a Regional Director of Revenue Management Near Chicago, IL

Overview:

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 in major markets. 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.

Your Focus

  • 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.

Your Background and Skills

  • Associates or Bachelors Degree in Hospitality or a related field.
  • At least 4 years of experience in the Revenue Management discipline.
  • Experience using the following Revenue Management tools with a high level of skill: applicable PMS, CRS, and Revenue Management Systems, Microsoft Office, Smith Travel Reports, Rubicon Marketvision or TravelclickRateView, and Hotelligence 360.

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

Work Environment and Context

  • Work schedule varies and may include working on holidays and weekends.
  • Requires standing for extended periods, walking, pushing, lifting up to 25 pounds, bending and reaching, stooping, kneeling, or crouching.

What We Believe

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

About Us :

HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

To see other opportunities at this location, click here.

Job Summary

JOB TYPE

Full Time

SALARY

$176k-242k (estimate)

POST DATE

05/02/2024

EXPIRATION DATE

05/20/2024

Show more

HHM Hotels - Chicago Region
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HHM Hotels - Chicago Region
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The following is the career advancement route for Regional Director of Revenue Management positions, which can be used as a reference in future career path planning. As a Regional Director of Revenue Management, it can be promoted into senior positions as a Top Revenue Cycle Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Regional Director of Revenue Management. You can explore the career advancement for a Regional Director of Revenue Management below and select your interested title to get hiring information.

HHM Hotels - Chicago Region
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