33 Revenue Manager Jobs in Los Angeles, CA
Onni Group is Hiring a Revenue Manager Near Los Angeles, CA
There is an exciting opportunity to join our team in Los Angeles as a Revenue Manager! The primary purpose of the Revenue Manager is to monitor group and transient business thresholds within the five-year forecast to ensure measurable improvements for demand and availability. Supply critical analysis on the effect of short-range decisions affecting occupancy, average rate and room profit goals. Analysis of city events and activities and to project the effect of opportunities they create.
Perks and Benefits:
When you feel good, you do good. At Onni we put your health at the forefront and give you the choice to select a benefits package that best represents you. From no cost to $18, $44, or $112 per pay our PPO, HSA, and HMO have you covered. In addition, we offer:
- 3 weeks PTO
- Annual education allowance of up to $1,000
- Referral program
- Residential housing discount after 1 year of continuous employment
- Friends and family rates for our Hotel Properties throughout the company
WHAT YOU WILL DO:
- Daily review and implementation of room accommodation and rate inventory controls in OPERA and IDEAS. Includes weekly implementation of roll-in controls
- Ensure group inventory and cut-off dates are managed according to demand
- Implement all blackout dates in IDEAS and review monthly to determine if adjustments are needed
- Maintain accurate demand information in RMS
- Work with Front Office Manager to ensure that sellout strategies are in place, and that OPERA is balanced daily
- Develop, monitor, and adjust sales and pricing strategies for both nightly and extended stay segments
- Develop annual transient pricing. Ensure pricing is consistent in all distribution channels (IDEAS, GDS, Internet)
- Review and implement incentive programs in Front Office and Reservations, with particular focus on need periods. Provide critical analysis of strategies, room statistics and demand factors
- Review end of month rooms statistics reports including Monthly Revenue Management Reports, STR, Rolling report of operations, and provide critical analysis on performance vs. forecasts and results of implemented strategies
- Conduct displacement analysis of group business, as needed, to determine impact potential business will have on REVPAR
- Review all tentative and definite group bookings, to ensure that they support implemented strategies. Work with appropriate Sales Department staff as needed (Director of Sales & Marketing, Group Sales Manager, etc.)
- Complete weekly booking pace reports and analysis on pace, recommending strategy changes when needed
- Analyze past and present trends and make recommendations for future strategies
- Site competitive set and network with competitive set DRM’s. Maintain information on the various competitors’ products and services for both primary and stealth competitors and how their products and service vary from the hotels
- Maintain historical data on events and performance on any promotions during these demand-generating events
WHAT YOU WILL BRING:
- Strong Communication skills
- Experience managing nightly & extended stay segments
- Prioritize and organize work assignments, have timely follow up and execution
- Have superb time management skills
- Maintain complete knowledge of all hotel services/features and hours of operation
- Other language, mathematical, and reasoning abilities as outlined below
- Ability to comply with physical demands as outlined below
- Technologically sound with Microsoft Office applications
- Ability to compute complex mathematical calculations
- Bachelor’s degree or equivalent experience. Previous experience working in a hospitality environment with 2 years of revenue management experience. Experienced Revenue Analysts are also welcome to apply.
About the company:
For over half a century, Onni has been building communities for people to live, work, and play. Our success reflects our commitment to our employees and partners, and our dedication to quality construction, innovation, sustainability, and customer satisfaction. Our expertise expands across North America, with offices in Vancouver, Toronto, Los Angeles, Seattle, Phoenix, and Chicago.
We thank all applicants for their interest; however only those selected for an interview will be contacted. No phone calls please.
Job Summary
Full Time
$126k-183k (estimate)
02/18/2024
05/13/2024
onni.com
CHICAGO, IL
200 - 500
2011
GILILIO DE COTIIS
$10M - $50M
Related Companies
About Onni Group
ONNI LIMITED is a hospitality company based out of Southgate, Chichester, United Kingdom.
The job skills required for Revenue Manager include Pricing, Revenue Management, Analysis, Futures, Front Office, Inventory Control, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Revenue Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Revenue Manager positions, which can be used as a reference in future career path planning. As a Revenue Manager, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Manager. You can explore the career advancement for a Revenue Manager below and select your interested title to get hiring information.
If you are interested in becoming a Revenue Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Revenue Manager job description and responsibilities
A revenue manager uses market data to set pricing or business strategy.
02/15/2022: Anderson, IN
Revenue managers oversee the process of collecting and organizing analytical data related to an organization’s revenue, sales, and other financial activities.
01/25/2022: San Jose, CA
An on-site revenue manager can benefit from firsthand knowledge of the market and activities at the hotel, but, thanks to technology, hotels can leverage the skills of a corporate revenue manager with great results.
02/23/2022: Montgomery, AL
Revenue managers also work closely with the Marketing department to create promotional offers and campaigns.
04/15/2022: San Bernardino, CA
Simply, revenue management means predicting consumer behavior to sell the product at an optimal price every day.
04/03/2022: Philadelphia, PA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Revenue Manager jobs
Some revenue management jobs may only require an associate’s degree and work experience.
02/19/2022: Fort Myers, FL
Channels are often closely tied to the customer segments that use them, so depending on the product type, a revenue manager can choose a channel and set prices for a particular segment of a target audience.
03/10/2022: Evansville, IN
Using data analysis and predictive analytics.
01/20/2022: Chicago, IL
Channel and overbooking management.
01/22/2022: Amarillo, TX
Without understanding that psychology should be at the center of revenue strategy, a revenue manager can be prone to the “spaghetti method” – throw everything at the wall and see what sticks.
03/03/2022: Sioux City, IA
Step 3: View the best colleges and universities for Revenue Manager.
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