What are the responsibilities and job description for the Revenue Manager position at SIEGEL GROUP NEVADA INC?
Siegel Suites and Siegel Select, flagship brands of The Siegel Group, offer affordable flexible-stay accommodations across the US. With fully furnished apartments and convenient amenities, we cater to diverse clientele seeking short-term or long-term housing solutions. Renowned for quality service and comfortable living spaces, we reflect The Siegel Group's commitment to excellence in hospitality and real estate.
Role Summary
The Revenue Manager is responsible for driving revenue performance across a nationwide portfolio of 66 extended-stay properties (and growing) within the Siegel Suites and Siegel Select brands.
The business is primarily weekly and long-term stay, however this role does require managing limited nightly/transient pricing at select properties and markets nationwide. Nightly demand is used strategically, not as a replacement for disciplined weekly rate management.
This role owns portfolio-wide pricing strategy and works directly with General Managers at each location to set, manage, and enforce individual property occupancy objectives, aligned with each asset’s market conditions, comp set, demand profile, and operating realities. Weekly rates must remain competitive, disciplined, and tied to actual property-level occupancy performance, not portfolio averages.
This is a remote position with light travel to properties required to support execution, alignment, and accountability.
Responsibilities
- Manage pricing and revenue strategy across 66 nationwide extended-stay properties
- Partner with GMs to establish individual property occupancy targets
- Set and manage weekly, long-stay, and limited nightly pricing
- Ensure weekly rates are aligned with comp sets, demand signals, and occupancy objectives
- Use nightly pricing tactically without eroding long-stay economics
- Analyze market demand, booking pace, and competitor pricing
- Produce forecasts, revenue reports, and executive summaries
- Optimize channel mix and reduce high-cost distribution
- Support budgeting and long-range planning
- Travel periodically to properties to validate assumptions and reinforce execution
Qualifications
- 2–5 years of extended-stay or weekly-stay revenue management experience
- Direct experience managing weekly and long-term pricing
- Multi-property, multi-market portfolio experience
- Proven ability to work with on-site leadership to set occupancy objectives
- Strong analytical skills with RMS / PMS / CRS systems and Excel
Preferred
- Experience managing limited nightly demand within an extended-stay model
- Familiarity with Duetto, IDeaS, RevPAR Guru, or similar tools
- Experience in value-driven lodging, workforce housing, or flexible living
Performance Metrics / KPIs
- Individual Property Occupancy vs Target
- Weekly Rate vs Comp Set
- Length-of-Stay & Renewal Mix
- RevPAR (supporting metric)
- Channel Cost & Contribution
- Forecast Accuracy