Job Information
Vermont Employer Area Director of Revenue Management in MANCHESTER, Vermont
This job was posted by https://www.vermontjoblink.com : For more information, please see: https://www.vermontjoblink.com/jobs/1169421
About Us\ At Pyramid Global Hospitality, people come first. As a company that values its employees, Pyramid Global Hospitality is dedicated to creating a supportive and inclusive work environment that fosters diversity, growth, development, and wellbeing. Our commitment to a People First culture is reflected in our approach to employee development, employee benefits and our dedication to building meaningful relationships. Pyramid Global Hospitality offers a range of employment benefits, including comprehensive health insurance, retirement plans, and paid time off, as well as unique perks such as on-site wellness programs, local discounts, and employee rates on hotel stays. In addition, Pyramid Global Hospitality is committed to providing ongoing training and development opportunities to help our people build the skills and knowledge they need to advance their careers. Whether you are just starting out in the hospitality industry or are a seasoned professional, Pyramid Global Hospitality offers a supportive and collaborative work environment that encourages growth and fosters success, in over 230 properties worldwide. Join their team and experience the benefits of working for a company that values its employees and is committed to creating exceptional guest experiences. Check out this video for more information on our great company!\ Location Description\ What sets us apart? Our culture, full benefit plans, including 401k with a company match and our lucrative bonus programs, to name a few. We are looking for talented people who have a genuine passion for service. Our Core Values involve personal development, people, and a desire for wanting them to succeed. We believe each member of our team has a key part to play in our delivery of outstanding service and memorable experiences for each guest. We want a hotel that people want to come to, not through. Find out today what a career with Pyramid Global Hospitality can mean for you!\ Overview
POSITION SUMMARY:\ TheArea Director of Revenue Managementwill develop and oversee strategic tactical plans for branded properties in all market segments, to optimize occupancy, ADR, and RevPAR for multiple hotels. The Area Director is responsible for hotel revenue management strategies based on a complete analysis of the competitive set, distribution channels, historical data, and marketing.
ESSENTIAL FUNCTIONS:\ Revenue management expertise in management of systems and distribution channels, hotel pricing and restrictions, inventory management as well as competitor analysis.\ Optimize RevPAR by analyzing/forecasting demand and establishing effective selling strategies, oversell strategies, optimal and seasonal market mix including group, transient and wholesale.\ Conduct ongoing competitor price/product analyses to ensure proper rate positioning/product offering relative to the competition.\ Analyzes historical numbers, market trends and revenue strategies and can effectively verbalize recommendations based on his/her findings.\ Work with property team on pricing decisions for transient, group and wholesale segments.\ Establishes group strategy with a goal to set effective group pricing, pattern, and base with the sales department.\ Implements strong future strategies to assist in making relevant decisions and maximize overall revenue for multiple properties.\ Improves property performance by strategizing with other team members about overcoming market and property challenges and marketing initiatives.\ Manages all distribution and reservation channels including GDS, ecommerce, websites and call center to ensure proper positioning and selling strategies.\ Direct weekly revenue meetings with efficient preparation, analysis of past performance, and future strategy disc ssions with property teams.\ Implement pricing strategies for transient business segments and assist with group pricing strategies including Select and Sell Guidelines and group patterns; analyze competitor-pricing analysis to ensure correct daily and seasonal rate positioning to the competition.\ Acts as a liaison between electronic distribution channels, including offsite call center, to maximize property exposure and bookings.\ Thorough understanding of STAR report, and ability to speak in depth to all reports included in weekly revenue meeting packet.\ Manage/update current selling strategies and product information in all available distribution channels/reservation sources (PMS, third-party reservations providers, call centers, websites, GDS, etc.)\ Facilitate Weekly Revenue Strategy meetings\ Work with DOSM and hotel team to establish strategies to increase revenue of both rooms and F&B.\ Maintain accurate and detailed historical data for all market segments.\ Continually monitor all pertinent travel related websites to ensure competitiveness in positioning, text, availability, and price.\ Maximizing the Hotels\' revenues by monitoring transient and gro