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The Fairmont Hotel
Sonoma, CA | Full Time
$135k-186k (estimate)
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Marriott International, Inc.
Sonoma, CA | Full Time
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Director of Revenue Management
$135k-186k (estimate)
Full Time | Consumer Services 5 Months Ago
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The Fairmont Hotel is Hiring a Director of Revenue Management Near Sonoma, CA

JOB DESCRIPTION
Company Description

"Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor's limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS"

Job Description

Reporting to the General Manager with a dotted line to the Director of Sales & Marketing, the Director of Revenue Management (DORM) is responsible for leading the hotel RevPro team in determining strategic vision for the resorts. The DORM establishes goals and implements tactical efforts, with the goal of promoting revenue growth generation among key customer segments and revenue centers, and supporting the hotel's brand positioning and image. The role is responsible for data quality and analysis, providing gathered intelligence, and recommending revenue and e-commerce strategies to the RevPro team, as well as other corporate and ownership entities. In addition, the role ensures that inventory allocation and pricing parameters are positioned to support the overall revenue goals of the hotel, while assisting all stakeholders in maximizing profit.

  • Actively participates in ownership conversations and presentations

* Leads strategic planning and collaborates with all hotel profit generation teams to actively seek opportunities to drive incremental profit for Rooms, F&B, Spas, and other revenue streams.
* Effectively communicates a compelling Total Hotel Profit Optimization vision to all relevant property leaders, fosters Revenue Management Culture within the revenue generating departments of the hotel and teaches RM concepts within the hotel.

* The position would have oversight and input into Revenue Management strategies regarding Front Office & Reservation upsell programs, Resort Pass utilization at the main pool and within the Spa, Spa/Event/Venue yield management and analytics
* Leverage Revenue Management analytics, technologies, processes, tools, and training programs to optimize hotel profits.
* Creates short- and long-term forecasts, that yield the best decisions on pricing and yielding tactics
* Monitors relevant economic, market, and competitive set indicators to derive insight-led profit generation strategies.
* Chairs and prepares materials for the weekly Revenue Management Meetings, following Brand guidelines.

* Prepares material and presents Revenue Management Plans and Revenue Management Results to asset management, ownership and senior leadership team.
* Maximizes room revenue contribution through a thorough understanding of all booking channels and management of inventory and rate therein.
* Optimizes pricing, promotions, and availability strategies through definition and management of all rates, rate levels, stay restrictions and other tactics, which are congruent with demand factors to target the most profitable customer segments to maximize profits.
* Directs and manages all channel distribution strategies. Manages relationship with OTA/CTO partners, keeping up-to-date on each partner's distribution options and extranet maintenance to ensure optimal display of the hotel. Evaluates extranet enhancements and new business opportunities related to booking channels.
* Collaborate with Marketing team to execute, measure, evaluate and improve digital marketing efforts, to support the hotel strategic marketing plans working within the established budgets.
* Optimizes opportunities to drive incremental revenues through upsell programs in all booking channels.
* System owner for RMS, CRS (ORS and TARS), Rate shopping system, TravelCLICK products and hotel specific platforms. Responsible for data quality and system hygiene, following Accor standards, recommendations and procedures.

* Oversees content management in all electronic channels, liaises with hotel Marketing team to ensure regular updates of images and descriptions of hotel, room brands, outlets and services are completed.
* Oversees relationship with GRC and Distribution services teams.
* Supports on-property Reservations Managers to achieve resorts' KPIs and revenue goals.
* Maintains relationships with local market competitors to keep informed of trends and news.
* Motivate, lead, coach and manage all aspects of team members' performance towards achieving exceptional guest service and employee satisfaction results.
* Participates in the annual budget process and produces long term projections, as required.

Qualifications

To perform the job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions:
* Strong communication skills, both verbal and written
* Dynamic can-do attitude
* Possessing the trait of being organized and multi-tasking
* Strong analytical skills and attention to detail
* Presents a professional and polished appearance
* Deal effectively with guests and other team members
* Experience with Ideas G3 RMS, Opera Cloud PMS, Passkey, Delphi or Opera Sales and Catering preferred
* Ability to complete work within given deadlines
* Maintain confidentiality of proprietary information and protect company assets
* Previous Reservations' experience highly preferred

Required Education and Experience:

* Minimum 4 years Director of Revenue Management experience
* Bachelor degree in Hotel Management, Accounting, Finance, or Mathematic preferred.

This role is Onsite. Salary Range for positions is $94,000- $118,000

Additional Information

Fairmont Sonoma Mission Inn & Spa, an elegant Spanish mission-style Inn, boasts exceptional accommodation in the heart of Wine Country. As one big team, community of service professionals, we come together and work with a common purpose to welcome, connect and serve others.

Visa Requirements: Applicants must be able to provide proof that they are legally able to work in the United States.
Our commitment to Diversity & Inclusion:
We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Services

SALARY

$135k-186k (estimate)

POST DATE

12/31/2023

EXPIRATION DATE

05/03/2024

WEBSITE

pagodanorthpole.com

HEADQUARTERS

Warrensburg, MO

SIZE

<25

INDUSTRY

Consumer Services

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The following is the career advancement route for Director of Revenue Management positions, which can be used as a reference in future career path planning. As a Director of Revenue Management, 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 Director of Revenue Management. You can explore the career advancement for a Director of Revenue Management below and select your interested title to get hiring information.