Complex Director of Revenue Management
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About The Position
The Complex Director of Revenue Management at HRI Lodging is a pivotal role responsible for overseeing revenue management strategies across a portfolio of Hyatt branded hotels. This position requires a meticulous and experienced professional who can provide direction and support to maximize revenue and market share. The Complex Director will work closely with the hotel's revenue optimization committee and leadership team to foster a culture of revenue management, ensuring alignment with HRI Lodging's financial goals. The role involves managing room inventories, market mix, and pricing strategies to optimize performance across multiple properties. In this capacity, the Complex Director will directly support a portfolio of full-service Hyatt hotels, monitoring group and transient business thresholds within a five-year forecast. This includes providing critical analysis on the impact of short-range decisions affecting occupancy, average rate, and rooms profit goals. The Director will also analyze monthly and weekly STAR Report results to understand RevPAR Index fluctuations and apply this knowledge to predict future outcomes. Collaboration with the marketing department is essential to create demand during low periods, and the Director will lead the monthly forecast review process to ensure accuracy in financial projections. The ideal candidate will possess strong analytical skills, be adept at problem-solving, and have the ability to communicate effectively with various stakeholders. They will also be responsible for training sales and front office teams on revenue management principles and maximizing the use of available tools. This role is not just about strategy but also about implementation, requiring a leader who can drive results through collaboration and innovation.
