Regional Director of Revenue Management
Regional Director of Revenue Management
Posted on :
07-04-2025
Employer Active
1 Vacancy
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Monthly Salary
$ 155000 - 215000
Vacancy
1 Vacancy
Posted on :
07-04-2025
Job Description
ABOUT CIM GROUP:
CIM is a communityfocused real estate and infrastructure owner operator lender and developer. Our team of experts works together to identify and create value in real assets benefiting the communities in which we invest. Back in 1994 our three founders focused on projects in Southern California neighborhoods. Today we are a diverse team of 1000 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live work and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:
The Regional Director of Revenue Management (RDRM) is responsible for leading and executing revenue management strategies across the hotels within the portfolio. This role focuses on optimizing pricing inventory management and distribution strategies to drive market share revenue growth and profitability. The RDRM collaborates closely with hotel leadership teams to align revenue strategies with overall business objectives. The RDRM will report directly to the Vice President of Revenue Management.
RESPONSIBILITIES:
- Develop and implement comprehensive revenue management strategies for all portfolio hotels in collaboration with the Vice President of Revenue Management.
- Monitor market trends competitor pricing and demand patterns to optimize pricing and distribution strategies.
- Lead the forecasting and budgeting process ensuring accuracy and alignment with financial goals in consultation with the Vice President of Revenue Management.
- Collaborate with Sales Marketing and Operations teams to drive total revenue performance.
- Analyze data from revenue management systems STR reports and other market intelligence tools to identify opportunities and risks.
- Implement and oversee best practices in revenue management across all properties.
- Ensure compliance with brand standards and company policies regarding revenue management practices.
- Provide training and mentorship to propertylevel revenue management teams.
- Develop strong relationships with key stakeholders including ownership and corporate leadership.
- Evaluate and recommend enhancements to revenue management technology and systems.
- Performs any other jobrelated duties as assigned.
- Establish monitor and adjust pricing strategies across various market segments.
- Drive revenue performance through datadriven decisionmaking and strategic planning.
- Provide guidance and recommendations on inventory management and distribution channel optimization.
- Lead weekly revenue strategy meetings with property teams.
- Assess and implement group displacement analysis and pricing strategies.
- Collaborate with digital marketing teams to optimize online presence and conversion rates.
- Prepare and present regular reports on revenue performance and future outlook.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification licenses etc.
- Associates or Bachelors degree in Hospitality Management Business Finance or a related field.
- Minimum of 710 years of progressive experience in revenue management preferably in the hospitality industry.
- Experience managing multiproperty revenue management strategies.
- Strong knowledge of revenue management systems (IDeaS RevPlan etc. and hotel property management systems.
- Proficiency in Microsoft Excel PowerPoint and data visualization tools.
ABOUT YOU:
- Indepth understanding of hotel revenue management principles and best practices.
- Strong analytical skills with the ability to interpret complex data and make strategic decisions.
- Excellent communication and presentation skills.
- Ability to lead and influence crossfunctional teams.
- Strong problemsolving and criticalthinking abilities.
- Ability to work independently and manage multiple priorities effectively.
- Knowledge of global distribution systems (GDS) online travel agencies (OTAs) and direct booking channels.
WHAT CIM OFFERS:
At CIM we believe our success stems from our collective efforts and we are committed to providing wellrounded support and resources for our employees. In addition to a competitive compensation plan CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits including:
A variety of Medical dental and vision benefit plans
Health Savings Account with a generous employer contribution
Company paid life and disability insurance
401(k) savings plan with company match
Comprehensive paid time off including: vacation days 10 designated holidays sick time and bereavement leave
Up to 16 hours of volunteer time off
Up to 16 weeks of Paid Parental Leave
Ongoing professional development programs
Wellness program including monthly and quarterly prizes
And more!
Actual base salary considers several factors including but not limited to geography jobrelated knowledge experience and budget. The start of the salary range is typically associated with the minimum experience required. At CIM base pay is one part of the total compensation package. For this role bonus compensation may be a significant part of the total compensation. The anticipated base salary range for the position in Los Angeles California is $155000 $215000.
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group.Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.
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Required Experience:
Director
Employment Type
Full-Time
Key Skills
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