Revenue Manager

The Line•Austin, TX

41d

About The Position

More than a group of hotels, the LINE is a creative community built around a sense of discovery - an exploration of a building, a neighborhood, and a culture. From Koreatown in LA to Adams Morgan in DC to downtown Austin, each property is architecturally interesting and chosen for its location in emerging neighborhoods in compelling cities. The LINE hotels are both reflective and responsive- shaped by the communities they are part of while also contributing something new to those places. The LINE properties are a collaboration of the best local and out-of-town talent in design, food and beverage, arts and culture. We are seeking a dynamic Revenue Manager to join our team. A successful candidate will have a genuine passion for the hospitality industry and an entrepreneurial spirit.

Responsibilities

Maximize overall room revenue on a daily, weekly, monthly, quarterly and annual basis as well as apply yield strategies provided by the Area Director of Revenue Management to achieve or exceed budgeted room revenues and market share penetration goals
Prepare and analyze daily, weekly and monthly segmentation pace reports and set and implement selling strategies based on pace and market conditions
Collaborate and communicate with Reservation Department staff ensuring that proper selling strategies and standard operating procedures are in place and adhered to
Prepare agenda items to support the weekly Revenue Management Strategy meeting with the Area Director of Revenue to include critiques, tracking, competitive analysis and future strategies for all market segments
Collaborate with Marketing and Sales leaders on all matters relating to room revenue, and provide room revenue and occupancy forecasts for operational departments
Provide support in the preparation of the Rooms Revenue Budget and Market penetration goals annually
Control labor and operating expenses through effective scheduling, budgeting, purchasing decisions, and inventory and cash control
Responsible for interviewing, selecting, training, guiding, managing and scheduling personnel
Monitor and develop employee performance to include, but not limited to, providing supervision, conducting counseling, evaluations, setting annual goals and delivering recognition and reward
Ensure staff understands their job expectations before holding them accountable