Director of Revenue Management

The MannerNew York, NY
$120,000 - $140,000

About The Position

The Manner Hotel is looking for a Director of Revenue Management to develop room sales and distribution strategies and coordinate revenue management processes and procedures to maximize revenue for the hotel.

Requirements

  • College Degree Preferred.
  • At least 2 years of experience in the Revenue Management discipline.
  • Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.
  • Requires occasional to moderate travel.

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.
  • Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
  • Perform other duties as requested by management.
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