Revenue Manager Jobs

OVERVIEW/BASIC FUNCTIONThe Revenue Manager is responsible to maximize all room revenue by establishing rates, packages and yield management practices. Manage all distribution channels, GDS, website and third party organizations to drive business. Create reports and procedures to maximize business levels, analyze historical data and determine pace to improve room’s revenue performance year after year.
Essential Functions

• Develops and leads weekly Rev Max meeting
• Develops guidelines for managing hotel’s inventory and pricing strategies to maximize the revenue received from each segment and channel.
• Evaluates channel and intermediary opportunities in line with segmentation goals and in compliance with corporate guidelines.
• Prepares weekly forecast, pace, yield strategies, month end and other reports as needed
• Oversees reservation agent/coordinator.
• Analyzes the external marketplace, customer demand and competitor offerings to ensure proper price competitiveness within the hotel market and competitive set.
• Partners with sales team on contracted, group and negotiated transient revenue generation and ensures alignment with overall pricing and promotional activity
• Prepares and distributes accurate revenue forecasts for the Managing Director and the Director of Sales and marketing.
• Communicates rate and space availability to the hotel sales and management team, the hotel reservation agents.
• Monitors hotel segmentation performance relative to plan and recommends action where needed to ensure goals are met or exceeded.
• Seeks opportunities to improve results by utilizing the various revenue optimization tools and programs.
• Studies industry trends, tracks bookings and analyzes data to develop selling strategies with Director of Sales and Marketing in order to achieve property’s revenue goals
• Travel: 25%
• Determines daily pricing to maximize revenues which are aligned with the overall objectives of the hotel.
• Location: Hybrid – Remote and on-site
• Develops booking pace tables by market segment to support forecast projections
• Assists with the hotel budget process and budget input in 
• Creates and or manages reporting of data to the Director Sales & Marketing

Qualifications

• Minimum five years revenue management experience with higher levels of responsibility.
• Excellent analytical skills to be used to design a cohesive sales effort and evaluate results of these efforts.
• Strong sales background. Ability to identify and understand the market segments as they relate to the luxury market.
• Knowledge of computer accounting programs, math skills as well as budgetary analysis capabilities required.
• High school or equivalent education required. Bachelor’s Degree preferred.

Physical Requirements
Must be able to walk, stand, sit, bend, stoop, squat and stretch to fulfill tasks. Must have finger dexterity to be able to operate office equipment.

Rosewood Sand Hill provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type 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.

SPECIAL POSITION REQUIREMENTS Rosewood Sand Hill requires all employees to be up-to-date on their COVID-19 vaccination, including receiving a booster if eligible. Accordingly, applicants will be required to submit proof of vaccination prior to beginning employment, and may only begin employment if fully vaccinated. In accordance with the law, Rosewood Sand Hill will accommodate applicants and employees who cannot be administered the COVID-19 vaccine for medical or religious reasons, if to do so would not be an undue hardship. Applicants should contact [email protected] if they have questions about this requirement or wish to request an accommodation under the law.
Pay The salary range for this position is $110,000 to $135,000 annually. This is the pay range for this position that the Hotel reasonably expects to pay. This position is eligible for bonus. Decisions regarding individual salaries will be based on a number of factors, such as experience, type of hotel luxury experience, location, and education.