Director of Revenue Management - The Scarlet

The Scarlet, A Tribute Portfolio Hotel•Lincoln, NE

About The Position

Are you a strategic thinker with a passion for maximizing revenue and driving financial success in the hospitality industry? Join our team as a Director of Revenue Management and take charge of our revenue optimization efforts. With your high energy and enthusiasm, you will play a key role in shaping our revenue strategy and achieving exceptional results. Summary: Lead our revenue management team and oversee all aspects of revenue optimization Develop and implement pricing strategies to maximize revenue and profitability Analyze market trends and competitor data to identify opportunities and make informed pricing decisions Utilize revenue management systems and tools to forecast demand and optimize inventory Collaborate with sales and marketing teams to develop targeted promotions and packages Monitor and evaluate revenue performance and adjust strategies as needed Conduct regular revenue meetings and provide guidance to the team Stay up-to-date with industry trends and best practices to drive continuous improvement Join our team and be part of a dynamic and growth-oriented company where your expertise and passion for revenue optimization will make a significant impact. Apply now to start your exciting career as a Director of Revenue Management!

Requirements

Bachelor’s degree or equivalent experience.
3 years+ years experience in Revenue Management position.
Previous supervisory/managerial experience.
Ability to effectively communicate verbally and in written form with the public as well as other team members.
Strong understanding of hotel sales and hotel distribution sources and strategies.
Experience with major Hospitality Sales CRM systems.
Essential statistical and analytical skills required to identify revenue opportunities and shortfalls.
Ability to work both independently and cross-functionally to achieve goals.
Ability to thrive in a multi-tasked and fast-paced environment.
Present a professional and confident appearance.

Responsibilities

Lead our revenue management team and oversee all aspects of revenue optimization
Develop and implement pricing strategies to maximize revenue and profitability
Analyze market trends and competitor data to identify opportunities and make informed pricing decisions
Utilize revenue management systems and tools to forecast demand and optimize inventory
Collaborate with sales and marketing teams to develop targeted promotions and packages
Monitor and evaluate revenue performance and adjust strategies as needed
Conduct regular revenue meetings and provide guidance to the team
Stay up-to-date with industry trends and best practices to drive continuous improvement