Jobot
Base pay range
$90,000.00/yr - $140,000.00/yr Job Summary
The Revenue Manager will oversee and optimize revenue generation strategies for a portfolio of hotels within a designated region. This role will focus on maximizing room revenue, implementing pricing strategies, and analyzing market trends to drive financial performance. The ideal candidate will collaborate with property teams and senior leadership to develop and execute revenue management tactics, ensuring alignment with corporate goals and market conditions. Key Responsibilities
Revenue Strategy & Optimization: Develop and implement pricing and inventory strategies to maximize revenue for the assigned hotels. Monitor daily, weekly, and monthly performance of the hotels within the region, identifying trends, opportunities, and areas for improvement. Optimize pricing strategies using historical data, market analysis, competitor benchmarking, and demand forecasting. Collaboration & Communication
Work closely with hotel General Managers, Sales, and Marketing teams to align revenue management strategies with overall business objectives. Provide guidance, training, and support to property-level revenue managers to ensure effective execution of revenue strategies. Communicate regional and hotel-specific performance to senior leadership, offering recommendations for improvements. Market Analysis & Forecasting
Conduct in-depth market analysis to evaluate competitive pricing and demand shifts. Develop and maintain short- and long-term revenue forecasts, adjusting tactics based on market conditions, booking patterns, and events. Regularly assess and adjust forecasting models to ensure accuracy. Performance Monitoring & Reporting
Track key performance metrics such as RevPAR, occupancy, ADR, and overall revenue performance. Prepare and present reports on revenue performance, including variance analysis and actionable insights for stakeholders. Conduct post-analysis to evaluate the effectiveness of revenue strategies and implement continuous improvement measures. Revenue Management Tools & Technology
Utilize revenue management systems (RMS), property management systems (PMS), and other data analytics tools to enhance decision-making. Stay current with industry trends, technologies, and best practices to ensure competitive advantage. Qualifications
Bachelor’s degree in Hospitality Management, Business, Finance, or a related field. 5+ years of experience in revenue management or related roles within the hospitality industry, with at least 2 years of experience managing multiple branded properties. Strong understanding of revenue management strategies, market segmentation, and forecasting techniques. Proficiency in revenue management software (e.g., IDeaS, Duetto), PMS, and Microsoft Excel. Analytical mindset with the ability to translate data into actionable insights. Excellent communication, interpersonal, and leadership skills. Ability to work independently, manage multiple priorities, and adapt to changing market conditions. This position sits in the company's San Diego office and requires a daily in-office presence. Interested in hearing more? Easy Apply now by clicking the "Easy Apply" button. Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Want to learn more about this role and Jobot? Click our Jobot logo and follow our LinkedIn page! We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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$90,000.00/yr - $140,000.00/yr Job Summary
The Revenue Manager will oversee and optimize revenue generation strategies for a portfolio of hotels within a designated region. This role will focus on maximizing room revenue, implementing pricing strategies, and analyzing market trends to drive financial performance. The ideal candidate will collaborate with property teams and senior leadership to develop and execute revenue management tactics, ensuring alignment with corporate goals and market conditions. Key Responsibilities
Revenue Strategy & Optimization: Develop and implement pricing and inventory strategies to maximize revenue for the assigned hotels. Monitor daily, weekly, and monthly performance of the hotels within the region, identifying trends, opportunities, and areas for improvement. Optimize pricing strategies using historical data, market analysis, competitor benchmarking, and demand forecasting. Collaboration & Communication
Work closely with hotel General Managers, Sales, and Marketing teams to align revenue management strategies with overall business objectives. Provide guidance, training, and support to property-level revenue managers to ensure effective execution of revenue strategies. Communicate regional and hotel-specific performance to senior leadership, offering recommendations for improvements. Market Analysis & Forecasting
Conduct in-depth market analysis to evaluate competitive pricing and demand shifts. Develop and maintain short- and long-term revenue forecasts, adjusting tactics based on market conditions, booking patterns, and events. Regularly assess and adjust forecasting models to ensure accuracy. Performance Monitoring & Reporting
Track key performance metrics such as RevPAR, occupancy, ADR, and overall revenue performance. Prepare and present reports on revenue performance, including variance analysis and actionable insights for stakeholders. Conduct post-analysis to evaluate the effectiveness of revenue strategies and implement continuous improvement measures. Revenue Management Tools & Technology
Utilize revenue management systems (RMS), property management systems (PMS), and other data analytics tools to enhance decision-making. Stay current with industry trends, technologies, and best practices to ensure competitive advantage. Qualifications
Bachelor’s degree in Hospitality Management, Business, Finance, or a related field. 5+ years of experience in revenue management or related roles within the hospitality industry, with at least 2 years of experience managing multiple branded properties. Strong understanding of revenue management strategies, market segmentation, and forecasting techniques. Proficiency in revenue management software (e.g., IDeaS, Duetto), PMS, and Microsoft Excel. Analytical mindset with the ability to translate data into actionable insights. Excellent communication, interpersonal, and leadership skills. Ability to work independently, manage multiple priorities, and adapt to changing market conditions. This position sits in the company's San Diego office and requires a daily in-office presence. Interested in hearing more? Easy Apply now by clicking the "Easy Apply" button. Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Want to learn more about this role and Jobot? Click our Jobot logo and follow our LinkedIn page! We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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