Area Director of Revenue Management - Branded Hotels
HHM Hotels - DMV Region - washington, DC
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Overview Opportunity: Area Director of Revenue Management Join HHM Hotels as Area Director of Revenue Management and make a significant impact. Oversee a dynamic cluster of branded hotels in the vibrant DC metropolitan area. Leverage your strategic acumen to drive revenue growth, optimize pricing, and maximize market share across this high-demand region. HHM Hotels, a renowned hospitality management company, offers a collaborative environment and opportunities for professional development. 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 revenues. Develop, communicate and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policies Prepare 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 profitability Measure and analyze booking trends, pickup, no shows, and sources of business Manage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results Work with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue management Establish and maintain meaningful external and internal relationships Interview, 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 Preferred. Hilton experience required, Marriott experience a plus At least 2 years of experience in the Revenue Management discipline. HHM Hotels Benefits and Perks Medical, Dental and Vision Health Insurance Paid Time Off 401k Company Match Free Basic Life Insurance Travel Discounts Commuter Transit and Commuter Parking Benefits Quarterly Bonuses and Incentives Technology Reimbursements Employee Assistance and Wellness Program Educational/Professional Development Remote 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 The compensation range for this role is $100,000.00-$120,000.00 and the determined salary will be commensurate with the candidate's qualifications and experience within the hospitality industry. HHM Hotels offers a competitive salary package that aligns with market standards, with the highest potential earnings observed for candidates with atleast 2 years of relevant experience. About Us HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law. To see other opportunities at this location, click here.
Created: 2024-10-30