What are the responsibilities and job description for the Regional Director of Revenue Management position at Merritt Hospitality, LLC?
About Us
HEI manages an unparalleled portfolio of leading full-service branded hotels and luxury and lifestyle independent hotels across the U.S. We are the acknowledged experts on upper-upscale, luxury, and premium select-serve hotels in urban, super-suburban, and destination locations. At HEI, we recognize that our enormous success is solely the result of our greatest asset: Our People. Where people work is a choice. Against that choice, our greatest obligation is to ensure day in and day out that our associates have the compensation and benefits they deserve and industry leading tools, training and support that they need to excel. At HEI, simply said, we honor the privilege of our associates choosing us by investing in and making them more valuable.Don't meet every single requirement of this job? At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization!
We value U.S. military experience and invite all qualified military candidates to apply.
Overview
The Regional Director of Revenue Management leads the development, implementation and measurement of all Revenue Management personnel and activities ensuring execution of the reservations sales process, adherence to company and brand policies, and development of strategies that optimize revenue capture from all revenue channels. Optimizes room revenue through the monitoring of transient and group pricing and providing recommendations to Regional Revenue teams. Analyzes reports to identify trends and future demand to periods and guide hotels in establishing their strategies. The position requires regular travel.Job Responsibilities:
Leads Hotel Directors of Revenue to ensure RevPAR Optimization by analyzing/forecasting demand and establishing effective selling strategies, oversell strategies, and optimal market mix of group, transient and other revenue streams.
Works with Regional team to ensure Hotel teams are set up for success by setting clear strategies and tracking compliance.
Participates in weekly hotel strategy meetings to assist in strategy implementation.
Assists with owner communications if required.
Works with other Regional Directors of Revenue Management to implement new company wide initiatives.
Provides oversight in hotel budgeting and business planning for the rooms and food and beverage departments.
Works with the GM, DORM and DOSM to establish and track performance to key strategic plans.
Conducts Quarterly Reviews and ensures Director of Revenue daily, weekly and monthly rhythms are adhered to.
Performs any other job related duties as assigned.
Qualifications and Skills:
Bachelor's Degree in Hotel Administration, Business, Marketing, Finance or relevant field of work preferred.
A minimum of 5 years of revenue management experience, sales experience preferred.
Previous Director of Revenue experience in at least 2 of the major brands preferred.
Strong analytical skills, ability to identify relevant data and use it to draw inferences with reference to impact hotel revenues.
Extensive knowledge of hotel positioning across multiple markets, types of hotels and different brand systems.
Excellent communication and interpersonal skills, command of the written language both written and verbal.
Self-driven with a high level of attention to detail and ability to work on own.
Ability to lead and/or develop and work alongside Directors of Revenues with varying levels of experience.
Travel to properties across the US will be required up to 50% of the time.
Compensation
Salary Range: $150,000.00 - $170,000.00 AnnuallyTipped/Service Charge Eligible? NoDiscretionary Performance Bonus Eligible? YesBenefits
HEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!
For your physical and mental wellness we offer competitive Medical and Dentalprograms through Anthem Blue Cross Blue Shield as well asVision insurance programsthrough EyeMed.Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off.HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.
HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
Salary : $150,000 - $170,000
