Area Director of Revenue Management
Hersha Hospitality Management LP
Welcome page Returning Candidate? Log back in! Area Director of Revenue Management Posted Date 18 hours ago(10/23/2024 8:38 AM) ID 2024-60523 Type Regular Full-Time Property Name HHM Hotels - Tampa Region Location Tampa Florida 33634 US Tag Details #LI-SM1 Overview
MSDS and OSHA standards.Perform other duties as requested by management.
Opportunity: Area Director of Revenue Management
Develop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of hotels.
Your Growth Path
Regional Director of Revenue Management – Vice President of Revenue Management
Your Focuses
Control room rates and availability in accordance with established guidelines to maximize occupancy and revenuesDevelop, communicate and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policiesPrepare for and conduct weekly Revenue Management meetings involving rate and inventory strategies, transient/group pace, competitive business analysis and financial forecasts.Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitabilityMeasure and analyze booking trends, pickup, no shows, and sources of businessManage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly resultsWork with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue managementEstablish and maintain meaningful external and internal relationshipsInterview, select, train, schedule, coach and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values. Follow sustainability guidelines and practices related to HHM’s EarthView program.Practice safe work habits, wear protective safety equipment and followMSDS and OSHA standards.Perform other duties as requested by management.
Your Background and Skills
College Degree PreferredHilton and Marriott full service experience requiredAt least 2 years of experience in the Revenue Management discipline.HHM Hotels Benefits and Perks
Medical, Dental and Vision Health InsurancePaid Time Off401k Company MatchFree Basic Life InsuranceTravel DiscountsCommuter Transit and Commuter Parking BenefitsQuarterly Bonuses and IncentivesTechnology ReimbursementsEmployee Assistance and Wellness ProgramEducational/Professional DevelopmentRemote or Hybrid Work Options
Work Environment and Context
Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.Requires occasional to moderate travel.What We Believe
People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It
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