Regional Director of Revenue Management
Chicago, IL, United States
Arbor Lodging is a leading hotel investment and management company with a growing portfolio of hotels across the United States. We have been entrusted by numerous partners and are approved managers for Marriott, Hilton, Hyatt, and IHG. Our culture is focused on connecting our guests with exceptional experiences. We are people-focused, data-driven, and accountable-to our guests and our clients.
Summary :
The Regional Director of Revenue Management is responsible for the Revenue Management for a hotel portfolio of 10-14 select and full-service assets. They will provide direction to the hotels on how to maximize revenue through management of room inventories, market mix, and pricing strategies.
The ideal candidate will work in our Chicago office or Chicago based hotels.
Duties & Responsibilities:
Assist and review in forecasting for properties
Have in-depth knowledge of transient, group, and catering segments and skills in researching market presence for individual properties
Demonstrate great time management, communication, and presentation skills
Have strong knowledge and understanding of revenues management concepts, processes and systems, advanced revenue management techniques, and the ability to communicate these concepts to others
Understand brand strategies and cultures and how to integrate them into revenue plans for properties
Perform daily analysis, strategy changes, and reporting of competitive benchmarks in market trends
Develop pricing strategies for each assigned property
Manage and oversee all third-party distribution
Analyze overall monthly hotel performance and provide a summary report with recommendations to improve long-term strategies
Effectively communicate performance and strategy to executive leadership and owners
Effectively work in concert with sales and ecommerce to execute strategy and develop long term pricing goals
Practice finding less expensive means to reduce the cost of distribution
Prepare and participate in the annual revenue budget process
Advise and coach the client in the operational areas
Visit hotels to get first-hand knowledge of revenue management issues and other key areas
Requirements
Qualifications:
3-5 years of experience in hospitality management
Strong knowledge of Microsoft Excel required
Marriott and Hilton revenue system knowledge and certification required, IHG and Hyatt preferred
Have a strong ability to communicate
Have a Bachelor's degree or higher, or have relevant experience
Have a strong working knowledge of TravelClick products
Benefits:
Competitive salary
Annual review with increase potential
401k program with company match
Additional benefits may be available
Arbor's Guiding Principles:
Arbor Lodging focuses on Five Guiding Principles to foster a culture where growth, development, and progression thrive within the properties:
Do the Right Thing - Operate and act with integrity in all you do even when it is not convenient.
Lead with Heart - Be kind, passionate and hospitable.
Be Accountable - Take ownership and deliver results.
Aim Higher - Go above and beyond to exceed expectations and pursue thoughtful change.
Celebrate Differences - Embrace diversity; respect individual opinions and ideas.
Arbor Lodging Management provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Arbor Lodging Management complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
Salary Description
$110,000 - $120,000 + bonus
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