Director Of Revenue Management
Are you a strategic thinker with a passion for maximizing revenue and driving financial success in the hospitality industry? Join our team as a Director of Revenue Management (DORM) and take charge of our revenue optimization efforts. With your high energy and enthusiasm, you will play a key role in shaping our revenue strategy and achieving exceptional results. As the DORM, you will have the opportunity to work with a talented group of professionals and be a part of the world-class hospitality experience at Barnsley Resort. Your exceptional communication and business acumen will be put to the test as you coordinate with internal departments to ensure revenue optimization. This is a great opportunity for someone who is passionate about hospitality; has a strong desire to be part of a dynamic and collaborative team; and strives to be part of a dynamic and growth-oriented company where your expertise and passion for revenue optimization will make a significant impact.
Responsibilities include :
- Leading our revenue management team and overseeing all aspects of revenue optimization
- Developing and implementing pricing strategies to maximize revenue and profitability
- Analyzing market trends and competitor data to identify opportunities and make informed pricing decisions
- Utilizing revenue management systems and tools to forecast demand and optimize inventory
- Regulating rate and inventory controls via computerized systems
- Reviewing and analyzing data from any number of sources and reports to understand own hotel's pricing, production, performance and trends
- Maintaining a high level of knowledge about the competition and market place, including competitive pricing and product offerings, customer demand, and key accounts
- Developing and maintaining partnerships with key third-party business partners
- Collaborating with sales and marketing teams on decisions relating to group proposals, contracts, inventories, cut-off dates, and rates to develop targeted promotions and packages
- Monitoring and evaluating revenue performance and adjusting strategies as needed
- Conducting regular revenue meetings and providing guidance to the team
- Staying up-to-date with industry trends and best practices to drive continuous improvement
- Preparing and disseminating hotel forecasts including occupancies, revenues, house counts and other statistical data
- Preparing and disseminating as needed other statistical reports relevant to revenue management or reservations
- Preparing for and chairing the weekly revenue strategy meeting
- Organizing reservations activities within the department
- Using networking 'social media for business' tools such as LinkedIn to research existing & potential accounts, and develop new contacts for the hotel
- Performing statistical analyses related to hotel performance including, but not limited to room occupancy, ADR, and revenue. Generating reports on demand or as needed
- Attending hotel meetings, as well as schedules and conducts departmental meetings
- Communicating verbally or in writing with guests, employees, management, and ownership
- Providing hotel departments with rate and inventory information
- Actively participating in preparing the annual rooms budget and business plan
Qualifications include :
Bachelor's degree or equivalent experience.3 years+ years experience in revenue management position.Previous supervisory / managerial experience.Ability to effectively communicate verbally and in written form with the public as well as other team members.Strong understanding of hotel sales and hotel distribution sources and strategies.Experience with major hospitality sales CRM systems.Essential statistical and analytical skills required to identify revenue opportunities and shortfalls.Ability to work both independently and cross-functionally to achieve goals.Ability to thrive in a multi-tasked and fast-paced environment.Present a professional and confident appearance.Benefits include :
Multiple tiers of medical coverageDental & vision coverage24 / 7 teledoc serviceFree maintenance medicationsPet insuranceHotel discountsTuition reimbursementPaid time off (vacation, sick, bereavement, and holidays)401K matchWorking at Davidson Hospitality Group is like nowhere else. It's less of a job, more of a calling. It's part career, part revolution. Because whatever you do here, you play a part in helping redefine the way quality hospitality is delivered to our guests, our clients, our partners, and each other. EOE AA- Minorities / Females / Vet / Disability / Gender Identity / Sexual Orientation. Davidson Hospitality is a drug-free workplace. Pre-employment drug test and background check required. We participate in E-Verify.