100 Revenue Manager Jobs in New York, NY
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oto development is Hiring a Revenue Manager Near New York, NY
Hotel experience is a must
Salary ranges from $80K-$85K plus bonus and benefits
OTO Development is pleased to announce a wonderful opportunity for an Revenue Manager.
What will you be doing most days?
- Maximizing property rooms revenue through the appropriate pricing and control of the hotel's room inventory.
- Formulate and execute Yield Management decisions and make adjustments accordingly that result in positive market share gains for the hotel.
- Responsible for weekly, monthly forecasts and accuracy within a 3% guideline.
- Review group blocks, monitor pick up, cut-off dates and ensure Group rates and ceilings are in places in the Sales & Catering Management System
- Maintain and provide point of contact support for all OTAs
- Prepare reports for the hotel and corporate office including: Weekly Reports, End of Month Reports, Pace Reports, Revenue Meeting Reports, etc.
- Host weekly revenue management meeting
- Attend weekly sales and operations meetings
- Monitor reservations daily
- Responsible for assisting with Wholesale reservations, maintaining inventory and rates.
- Have a thorough knowledge of the property rooms budget and forecasting process.
- Assist in developing the property marketing plan to enhance revenue through the brand
- Monitor and update rates and inventory through Kdate
- Ensure the timely and accurate loading of property rates, policies and procedures
- Audit and familiarize hotel on sales tactics and strategies of competitor properties as well as the property’s listing on other channels
- Any other assignments as determined by the City Dir. Of Revenue Management or General Manager
What are the requirements for this position?
- Bachelor’s degree in finance, accounting, business, management, or related field
- Thorough understanding of Global Distribution Systems, Hotel PMS and Hotel Property Sales and Catering Management System.
- Ability to work with people possessing different levels of hotel management skills.
- Ability to work with minimal supervision as well as part of a team.
- Ability to prioritize and manage his/her time.
- Thorough understanding and ability to establish profitability goals.
- Strong analytical and decision-making skills, including the ability to manage rate and availability to ensure hotel revenue maximization.
- Ability to analyze problems and demonstrate sound problem-solving skills.
- Good oral and written communication skills.
- Ability to read and interpret statistical data; to write routine reports and correspondence; to speak effectively before groups of customers or employees of organization; to edit grammar, spelling, punctuation, and content.
- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions and decimals; ability to compute rate, ratio, and percent; and to draw and interpret bar graphs.
- Basic accounting procedures.
- Ability to solve practical problems and deal with a variety of concrete variables; ability to research and critically analyze information
- Proficient working knowledge of Windows Office, especially Excel.
Physical Requirements for this Position
This is a largely sedentary role; however, you must be able to walk and stand for extended periods of time as the job dictates.
Travel Requirements
This position requires up to 20% travel. Travel is outside the local area and overnight
About OTO
OTO Development (OTO) is a one of the fastest growing hotel management companies in the lodging industry. As an industry leader, OTO develops, owns, and operates award-winning select-service hotels in key markets across the U.S. with brand partners: Marriott, Hilton & Hyatt. For six years, OTO has ranked on INC. 5000's list of Fastest Growing Private Companies and in 2018 was certified as a high-trust, high-performance workplace by the independent analysts at Great Place to Work Institute. We would love for you to join our team!
OTO provides competitive pay and benefit programs, including medical insurance options, dental and vison insurance, 401k with company match, company provided life insurance, tuition assistance, paid time off, paid holiday time, travel discounts, and more.
Position: Revenue Manager
Department: Revenue Management
Exempt
Position Reports to: Director of Revenue Management
Job Summary
Full Time
Accommodations
$116k-168k (estimate)
02/14/2024
04/11/2024
otodevelopment.com
REDONDO BEACH, CA
200 - 500
2004
Private
MICHAEL GALLEN
$10M - $50M
Accommodations
Related Companies
About oto development
OTO Development is hotel management and service company that offers development and maintenance of hotels.
The job skills required for Revenue Manager include Revenue Management, Accounting, Forecasting, Catering, Wholesale, Problem Solving, 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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