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Area Director of Revenue Management

Company: Parks Hospitality Group
Location: Raleigh
Posted on: November 11, 2019

Job Description:

Parks Hospitality Group is seeking an energetic forward thinking Area Director of Revenue Management to join our team. This position will oversee revenue management strategies for eight hotels (six Hilton, one Marriott and one Hyatt) with brands that include Hilton Garden Inn, DoubleTree by Hilton, Hampton Inn & Suites, Homewood Suites, Hyatt Place and Aloft. The Area Director of Revenue Manager serves a proactive role in developing effective revenue strategies with each hotel team. The ideal candidate will have excellent communication skills with the keen ability to develop effective revenue strategies within multiple markets.
This position will be responsible for maximizing the revenues of assigned hotels by monitoring and implementing daily pricing/LOS restrictions, maintaining booking channels and hosting weekly strategy meetings that stimulate healthy strategy discussions with hotel teams. The Area Director of Revenue Management will assist with weekly revenue forecasting, pace reporting and budgeting processes. This is an office-based position in Raleigh, NC and reports to the Corporate Director of Sales & Marketing and indirectly to the Vice President Operations & Sales.
Parks Hospitality Group is a top-line revenue driven company. We strategically unify Revenue Management with our Sales & Marketing teams to form the "Revenue Optimization Team" where everyone works together to develop progressive winning revenue strategies.
Requirements:--- Update hotel's rate and inventory controls on a daily basis and communicate with hotel teams. --- Maintain effective pricing, inventory, and length of stay strategies. --- Manage and maintain group and transient inventory controls. --- Monitor competitive set pricing and OTA pricing and ensure proper positioning for all hotels. --- Maintain distribution channel data integrity. --- Approve weekly revenue forecasts for assigned hotels. --- Provide critical analysis of strategies, room's statistics and demand factors. --- Assist with budget process. --- Lead weekly Revenue Strategy Meetings with hotel teams that stimulate productive rate and inventory discussions. Calls will include STR performance and segment production analysis. --- Create and analyze reports as needed. Examples include segmentation, pace, sell-out efficiency, etc. --- Stay current with brand specific revenue management recommendations and requirements and communicate accordingly. --- Train and mentor GM's, DOS and other associates on revenue management best practices.

Keywords: Parks Hospitality Group, Raleigh , Area Director of Revenue Management, Executive , Raleigh, North Carolina

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