Director of Revenue Management
Director of Revenue Management
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Job Description
Napa CA $140000 $150000 Direct FullTime OnSite Hospitality
Our client is seeking a highly experienced and strategic Director of Revenue Management to oversee the companys revenue operations. The Director of Revenue Management will be responsible for developing and implementing revenue management strategies to maximize the companys profitability and ensure its longterm success. This position will report to the General Manager and will work closely with the Sales and Marketing teams to align revenue goals with business objectives. This role will consist of traveling 50 of the time.
RESPONSIBILITIES
Develop and implement revenue management strategies that drive profitability for the hotel.
Analyze market trends and adjust pricing strategies to optimize revenue and occupancy.
Develop and maintain relationships with key industry stakeholders including travel agents corporate clients and online travel agencies.
Collaborate with the Sales and Marketing teams to develop and execute promotional campaigns and pricing strategies.
Monitor and analyze hotel occupancy rates revenue and market share to identify opportunities for improvement.
Manage the hotels inventory and pricing across all distribution channels including direct and indirect channels.
Conduct regular competitive analysis to stay informed on market trends and identify opportunities for growth.
Provide regular reports on revenue performance to the General Manager and other stakeholders.
Lead and mentor the revenue management team providing guidance and support to ensure that revenue goals are met.
QUALIFICATIONS
Bachelors degree in Hospitality Management Business Administration or a related field.
Minimum of 5 years of experience in Revenue Management with at least 2 years in a leadership role.
Proven experience utilizing Synexis to enhance revenue optimization strategies.
Extensive knowledge of revenue management principles and techniques as well as market trends and industry best practices.
Strong analytical skills and the ability to use data to inform decisionmaking
#RRG19
Employment Type
Full Time
