REVENUE MANAGER

DIMENSION MASTER • Fort Lauderdale, FL

1d • $80,000 - $105,000 • Onsite

About The Position

Implement revenue management strategies and processes in hotel(s), in order to optimize and maximize revenues.

Requirements

• Highly computer literate with a high level proficiency with Excel.
• Knowledgeable of hotel technology: PMS, Channel Manager, GDS, CRS, Extranets.
• Good analytical and numeric skills.
• Ability to work under own initiative in a highly pressured environment.
• Bachelors or Master’s Degree in Hotel Management, Tourism or Economic Studies preferred or an equivalent combination of education.
• 2 - 4 years of hands-on Hotel Revenue Management experience (Marriott/Hilton/Hyatt/IHG Brands) required.

Responsibilities

• Manages room authorizations, rates and restrictions.
• Manages function space authorizations and restrictions.
• Manages rooms inventory to maximize hotel(s) rooms revenue
• Maintains the transient rooms inventory for the hotel(s) and responsible for maximizing transient revenue.
• Conducts sales strategy analysis and refines as appropriate to increase market share for all managed properties.
• Ensures that the hotel(s) sales strategies are effectively implemented in the reservation system and the inventory system.
• Prepares sales strategy critique.
• Monitors transient and group inventory daily to ensure straight-line availability and maximization of revenue potential for all hotels and brands.
• Ensures that sales strategies and rate restrictions are communicated, implemented and modified as market conditions fluctuate.
• Uses reservations system and demand forecasting systems to determine, implement and control selling strategies.
• Initiates, implements and evaluates revenue tests.
• Ensures compliance and participation in company promotions and eCommerce channels
• Ensures all hotels follow brand strategies that will maintain and/or increase the hotel(s) revenue per available room (RevPAR) and revenue per available square foot (RevPAS).
• Understands the working relationship between sales, reservations and property management systems.
• Promotes and protects brand equity.
• Attends meetings to plan, organize, prioritize, coordinate and manage activities and solutions.
• Responsible for assessing, analyzing and pricing group business strategies.
• Analyze overall monthly hotel performance and provide summary report with recommendations to improve long term strategies.
• Establishes long-range objectives and specifying the strategies and actions to achieve them.
• Ensure web site booking process is maintained up-to-date and functional.
• Work in liaison with hotel sales and reservations departments as a team.
• Regularly check the input and the quality of data (segmentation, denials tracking, etc…) points.
• Conduct quarterly property performance review and develop strategic and tactical action.
• Explores opportunities that drive profit, create value for clients, and encourage innovation; challenges existing processes/systems/products to make improvements
• Evaluate performance of distribution partners and contracted rates (OTA, FIT, tour operator, corporate, consortia, crew, groups, etc…).
• Compiles information, analyzes and monitors actual sales against projected sales
• Creates long range forecast for rooms and catering by segment and updates forecast every period.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees