What are the responsibilities and job description for the Revenue Manager position at Paragon Hotel Company?
If hired, the applicant must reside on, or be willing to relocate to, the East Coast.
Prior Multi-Hotel Revenue Management experience required, preferable Hilton, Marriott, and IHG.
Principle Responsibilities & Position Purpose:
Develop room sales and distribution strategies and coordinate revenue management processes and procedures to maximize room revenue and yield penetration for a group of hotels. This is accomplished through proper management of room inventories and using analytics and technical knowledge of hotel revenue management platforms, rate & inventory, reservations and front office systems.
Pre-Requisites (Requirements):
-3 years of experience in revenue management at a branded hotel preferred
-Minimum requirement is Associate degree. Four-year College or Hospitality degree is preferred, and/or equivalent work experience.
-Prior Multi-Hotel Experience required, preferable Hilton, Marriott, and IHG.
-Must be a strong leader, self-motivator, team builder
-Must be willing and able to sign Paragon’s non-disclosure and non-compete agreements
-Brand certification programs are preferred
-Must display professionalism and have characteristics of honesty and trustworthiness
-Must have excellent attendance and be punctual
Work Environment & Context:
-Must be able to perform major life activities: standing, lifting, bending, learning, reading, concentrating, thinking, and communicating
-Must be able to stand for eight hours, bend, stretch, and reach
-Work schedule varies and may include occasionally working on Holidays, weekends, and evenings. Long hours sometimes required
-Must be able to push or pull 60 pounds and lift and/or carry 30 pounds
Required Knowledge, Skills, and Abilities:
Knowledgeable in:
Assigned Group of Hotels and knowledgeable of their Branded Revenue Management Standards
Revenue Management Systems including Analytics Platforms (ie Cognos, Tableau, etc)
Knowledge of revenue management concepts, tactics and processes
Skills:
-Strong experience or adaptable training in the use of automated systems, personal computers and software programs, including Microsoft Excel, Work & PowerPoint
-Effective communication skills to establish a collaborative approach to revenue management with both hotel and corporate leaders
-Possesses excellent analytical skills and the ability to make recommendations based on analysis
-Prioritize departmental functions to meet due dates and deadlines.
-Understand financial information and data, and basic arithmetic function. Must be able to work well in stressful, high-pressure situations.
Abilities:
-Multi task, detail oriented, remain service centric
-Ability to build and maintain strong relationships with key stakeholders
-Ability to work with the different departments to ensure similar goals and implement action plans to achieve optimum revenue management
-Communicate with co-workers, receiving and transmitting mail, phone and written messages and relay pertinent information
-Has strong communication skills, both verbal and written
-Manage time effectively
-Ability to make sound decisions with minimal supervision
-Ability to take initiative towards learning new tools and processes
-Assist with guest issues with professionalism maintaining hospitable attitude.