Area Revenue Manager

Kimpton Hotels & RestaurantsLos Angeles, CA

About The Position

This role is responsible for maximizing the properties' rooms revenue through strong analytical pricing strategy and effective management of the rooms' inventory. The Area Revenue Manager will lead all aspects of hotel property's daily revenue operations.

Requirements

  • 5 years of relevant experience in Revenue Management for Hospitality or similar industry.
  • Bachelor's Degree is required.
  • Strong analytical approach to problem solving, able to manage in a dynamically changing environment.
  • Excellent written and verbal communication skills, time management and math skills.
  • Proficiency in Microsoft Office Suite.

Nice To Haves

  • Strongly preferred market experience in respective location.
  • Knowledge of multiple languages is a strong plus.

Responsibilities

  • Daily review of the individual property's rooms revenue statistics, monitor Stellex Yield Management parameters and strategies.
  • Create uniform spreadsheets incorporating vital and detailed data of room revenue statistics.
  • Collaborate with the Director of Sales and General Manager to identify selling strategies and trends.
  • Conduct monthly Revenue Manager/Yield Management meetings.
  • Aid hotels in coordinating and assigning duties (mostly involving Stellex and LANmark) for smooth flow of operations.
  • Review Hotel Market Segment mix to minimize any displaced business opportunities.
  • Set operations standards for property Revenue Managers.
  • Participate in each property's forecasting and annual budgeting of rooms figures.
  • Review Central Reservations Opportunities and assist in its quality control.
  • Assist Kimpton Home Office in budgeting hotel reservation costs, including staffing and payroll. GDS costs, Outrigger costs, and Phone costs.
  • Analyze individual hotel's opportunities and trends and develop selling strategies accordingly.
  • Form relationships with local Revenue/Reservation Managers outside of Kimpton hotels to discuss and share ideas of the city's market.
  • Develop tools (e.g. spreadsheets) and skills for more effective Yield Management.
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