Director of Revenue Management

HHM Hotels • Washington, DC

176d • Hybrid

About The Position

HHM Hotels is seeking a dynamic and strategic leader to join our team as the Director of Revenue Management at the Washington Marriott Capitol Hill, a premier property in the iconic Marriott portfolio, located in the heart of Washington, D.C. This exciting opportunity allows you to play a pivotal role in shaping the success of a high-profile hotel, developing and executing innovative revenue strategies to drive profitability and grow market share. Collaborating with a skilled executive team, you'll harness the power of data insights to make impactful decisions that position the hotel as a standout destination in the competitive D.C. market. If you're eager to make your mark on a prestigious Marriott property and elevate revenue management to new heights, this is the role for you!

Requirements

• College Degree Preferred.
• At least 2 years of experience in the Revenue Management discipline.

Responsibilities

• Control room rates and availability in accordance with established guidelines to maximize occupancy and revenues.
• Develop, communicate, and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policies.
• Prepare for and conduct weekly Revenue Management meetings involving rate and inventory strategies, transient/group pace, competitive business analysis and financial forecasts.
• Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitability.
• Measure and analyze booking trends, pickup, no shows, and sources of business.
• Manage, produce, and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results.
• Work with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue management.
• Establish and maintain meaningful external and internal relationships.
• Interview, select, train, schedule, coach, and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values.
• Follow sustainability guidelines and practices related to HHM's EarthView program.
• Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
• Perform other duties as requested by management.

Benefits

• Medical, Dental and Vision Health Insurance
• Paid Time Off
• 401k Company Match
• Free Basic Life Insurance
• Travel Discounts
• Commuter Transit and Commuter Parking Benefits
• Quarterly Bonuses and Incentives
• Technology Reimbursements
• Employee Assistance and Wellness Program
• Educational/Professional Development
• Hybrid Work Schedule

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Accommodation
• Education Level: Bachelor's degree