MULTI-PROPERTY DIRECTOR OF REVENUE STRATEGY W LONDON & THE LONDON EDITION
Step into a key commercial role overseeing revenue strategy for two of Londons most iconic lifestyle hotels. As our Multi-Property Director of Revenue Strategy youll be responsible for maximising revenue and profit from rooms and function spaces across transient group and catering segments.
As the first point of contact for revenue support at hotel level youll work closely with the Multi-Property Senior Revenue on site to implement pricing positioning and inventory management strategies.
ABOUT THE PROPERTIES
W London and The London EDITION are two of the capitals most distinctive luxury lifestyle hotels each offering a bold and immersive guest experience. Located in the heart of Soho W London blends contemporary design with vibrant energy attracting trendsetters and creatives from around the world.
Just a short distance away in Fitzrovia The London EDITION combines timeless elegance with modern sophistication delivering understated luxury and exceptional service. Together these properties represent the cutting edge of hospitality in London where innovation individuality and excellence meet.
YOUR KEY RESPONSIBILITIES IN THE SPOTLIGHT
Managing Revenue Management Projects and Strategy
Determines sales strategy evaluates effectiveness and prepares historical and future analysis of revenue and profit opportunities.
Monitors the annual pricing process for transient group and catering rooms and function space.
Establishes and maintains effective dynamic and rational pricing strategies for rooms and function space.
Develops and executes the hotel(s) strategic plan(s).
Prepares sales strategy meeting agenda monitors preparation of supporting documentation and leads property meetings.
Establishes long-range objectives and specifies the strategies and actions to achieve them.
Works closely with Sales and Marketing for business opportunities and aims to increase profitability of the organization.
Manages room authorizations rates and restrictions.
Utilizes brands revenue management systems and tools to ensure that revenue and profit are maximized.
Prepares budgets for transient group and catering.
Updates market knowledge and aligns strategies and approaches accordingly.
Serves as a demand expert for team members GMs and regional stakeholders
Verifies that sales strategies and rate restrictions are communicated implemented and modified as market conditions fluctuate.
Promotes and protects brand integrity and positioning.
Participates in quarterly regional reviews.
Utilizes interpersonal and communication skills to lead influence and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
Attends meetings to plan organize prioritize coordinate and manage activities and solutions.
Verifies property diagnostic processes (PDP) are used to maximize revenue and profits.
Demonstrates knowledge of job-relevant issues products systems and processes.
Explores opportunities that drive profit create value for clients and encourage innovation; challenges existing processes/systems/products to make improvements.
Thinks creatively and practically to develop execute and implement new business plans.
Develops 6-month 12-month and 2-year strategic action plans for management of property room and catering revenues.
Performs regular quality checks to verify strategies are implemented correctly and producing desired results ensuring any gaps are identified and addressed.
Analysing and Reporting Revenue Management Data
Actively participates in the weekly and long range forecasts.
Compiles information analyzes and monitors actual sales against projected sales.
Identifies the underlying principles reasons or facts of information by breaking down information or data into separate parts.
Analyzes information and evaluates results to choose the best solution and solve problems.
Uses computers and computer systems (including hardware and software) to set up functions enter data or process information.
Generates and provides accurate and timely results in the form of reports presentations etc.
Prepares forecasts of revenue profit demand and occupancy for rooms for prescribed timeframes.
Prepares revenue and profit opportunity analysis.
Provides revenue analysis functional expertise and leadership to general managers property leadership teams and sales leaders.
Compiles information analyzes and monitors actual sales against projected sales.
Assists with account diagnostics process and validates conclusions.
Analyzes period end and other available systems data to identify trends future need periods and obstacles to achieving goals.
Checks distribution channels regularly for hotel positioning information accuracy and competitor positioning
Building Successful Relationships
Develops and manages internal and external key stakeholder relationships.
Provides targeted and timely communication of results achievements and challenges to all stakeholders.
Informs and/or updates the executives the peers and the subordinates on relevant information in a timely manner.
Develops strong partnerships and relationship with regional team members to successfully achieve regional goals and priorities.
YOUR EFFORTS OUR APPRECIATION
Please note all candidates applying for this role must have obtained the right to work and live in the UK. Documented evidence of eligibility will be required from candidates as part of our recruitment process.
At Marriott International we are dedicated to being an equal opportunity employer welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and greatest strength lies in the rich blend of culture talent and experiences of our associates. We are committed to non-discrimination on any protected basis including disability veteran status or other basis protected by applicable law.
Required Experience:
Director
At Le Méridien, we are inspired by the era of glamorous travel, celebrating each culture through the distinctly European spirit of savouring the good life. Our guests are curious and creative, cosmopolitan culture seekers that appreciate moments of connection and slowing down to savou ... View more