Hilton Worldwide, Inc.
Complex Assistant Director of Revenue Management - Conrad Los Angeles and Waldor
Hilton Worldwide, Inc., Los Angeles, California, United States, 90079
Job Description - Complex Assistant Director of Revenue Management - Conrad Los Angeles and Waldorf Astoria Las Vegas (HOT0B977)
Job Number:
HOT0B977 Work Locations
Conrad Los Angeles 100 S. Grand Avenue Los Angeles 90012 Join us as a
Complex Assistant Director of Revenue Management
and be a part of the newest luxury hotel in downtown LA,
Conrad Los Angeles ! As part of the billion-dollar
The Grand LA
project, this is the 7th Conrad Hotel in the U.S. and the 1st in California. Located in the most exciting state-of-the-art development in DTLA, this luxurious 28-story hotel has over 300 rooms, a spa, 16,000 square foot rooftop with a pool deck, over 16,000 square feet of event space, and 6 food and beverage outlets.
This includes a signature restaurant & bar, a signature bar, rooftop restaurant, lobby bar, pool, and in-room dining
all in partnership with Chef Jose Andres' award-winning restaurant group,
Jose Andres Group
. This role is based at the Conrad Los Angeles and requires 100% on-site presence. As the Complex Assistant Director of Revenue Management, you would be responsible for assisting the Director of Revenue Strategy with inventory management and room pricing strategies by generating and analyzing reports, collaborating with sales, reservations, and front office teams, and maintaining frequent communication with the Revenue Leadership. This role will assist in overseeing the revenue strategy for two hotels. The ideal candidate will have (2) years of progressive work-related experience in financial/strategic planning, revenue management, pricing with proficiencies in multiple disciplines/technologies/processes, preferably in the hotel industry. Specifically, you would be responsible for performing the following tasks to the highest standards: Managing group and transient inventory controls:
Daily review and implementation of room inventory and rate controls in Global Revenue Optimization System (GRO) & Rate & Inventory system (R&I). Work with Event Services and Group Rooms Coordinator to ensure effective and efficient management of group inventory – provide direction when needed on cutoff date extensions and additions to inventory. Implement all blackout dates and review frequently to determine if adjustments are needed. Work with Director of Front Office to ensure that sellout strategies are in place, and that OnQ PMS is balanced daily. Assist in developing, monitoring and adjusting sales and pricing strategies:
Identify selling strategies, market trends, and booking patterns and provide recommendations to Revenue Leadership. Ensure pricing is consistent in all distribution channels. Review all competitive shops daily. Maintain relationships with 3rd party market managers to ensure distribution channels have the right content, availability and prices. Partner with Reservations & Front Office to improve upsells. Information Analysis and Monitoring
Ensure effective information gathering and analysis is conducted in order to identify and maximize all possible opportunities and minimize any risks. Develop weekly Commercial Strategy meeting deck and provide meeting minutes. Ensure accuracy of all information being produced or reported. Review Demand calendars, convention calendars and city event calendars to keep abreast of all demand generators. Maintain historical data on events and performance on any promotions during these demand-generating events. SUPPORTIVE FUNCTIONS
In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing
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HOT0B977 Work Locations
Conrad Los Angeles 100 S. Grand Avenue Los Angeles 90012 Join us as a
Complex Assistant Director of Revenue Management
and be a part of the newest luxury hotel in downtown LA,
Conrad Los Angeles ! As part of the billion-dollar
The Grand LA
project, this is the 7th Conrad Hotel in the U.S. and the 1st in California. Located in the most exciting state-of-the-art development in DTLA, this luxurious 28-story hotel has over 300 rooms, a spa, 16,000 square foot rooftop with a pool deck, over 16,000 square feet of event space, and 6 food and beverage outlets.
This includes a signature restaurant & bar, a signature bar, rooftop restaurant, lobby bar, pool, and in-room dining
all in partnership with Chef Jose Andres' award-winning restaurant group,
Jose Andres Group
. This role is based at the Conrad Los Angeles and requires 100% on-site presence. As the Complex Assistant Director of Revenue Management, you would be responsible for assisting the Director of Revenue Strategy with inventory management and room pricing strategies by generating and analyzing reports, collaborating with sales, reservations, and front office teams, and maintaining frequent communication with the Revenue Leadership. This role will assist in overseeing the revenue strategy for two hotels. The ideal candidate will have (2) years of progressive work-related experience in financial/strategic planning, revenue management, pricing with proficiencies in multiple disciplines/technologies/processes, preferably in the hotel industry. Specifically, you would be responsible for performing the following tasks to the highest standards: Managing group and transient inventory controls:
Daily review and implementation of room inventory and rate controls in Global Revenue Optimization System (GRO) & Rate & Inventory system (R&I). Work with Event Services and Group Rooms Coordinator to ensure effective and efficient management of group inventory – provide direction when needed on cutoff date extensions and additions to inventory. Implement all blackout dates and review frequently to determine if adjustments are needed. Work with Director of Front Office to ensure that sellout strategies are in place, and that OnQ PMS is balanced daily. Assist in developing, monitoring and adjusting sales and pricing strategies:
Identify selling strategies, market trends, and booking patterns and provide recommendations to Revenue Leadership. Ensure pricing is consistent in all distribution channels. Review all competitive shops daily. Maintain relationships with 3rd party market managers to ensure distribution channels have the right content, availability and prices. Partner with Reservations & Front Office to improve upsells. Information Analysis and Monitoring
Ensure effective information gathering and analysis is conducted in order to identify and maximize all possible opportunities and minimize any risks. Develop weekly Commercial Strategy meeting deck and provide meeting minutes. Ensure accuracy of all information being produced or reported. Review Demand calendars, convention calendars and city event calendars to keep abreast of all demand generators. Maintain historical data on events and performance on any promotions during these demand-generating events. SUPPORTIVE FUNCTIONS
In addition to performance of the essential functions, this position may be required to perform a combination of the following supportive functions, with the percentage of time performing
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