Area Vice President of Revenue Management (Remote Opportunity)

Salary Details

Salary Description: Competetive Salary Offered

Job Description For Area Vice President of Revenue Management (Remote Opportunity)

Description

The Opportunity

The AVP of Revenue Management, Franchise will direct the Revenue Management and collaborate across Commercial Services, CS Analytics, and Revenue Management for all Franchise hotels, across Select Service, Full Service, and All-Inclusive hotels. This individual will be responsible for providing strategic, and tactical support for operators to engage their hotels in driving performance. In this role, the AVP of Revenue Management, Franchise will be collaborating closely with the broader revenue management and commercial teams, where they will be instrumental in continuing to make Hyatt a leading franchise company. They will be part of a team passionate about diversity, equity, and inclusion, committed to nurturing curiosity and new skills and building connections across the organization with stakeholders, colleagues, and guests. This individual will be counted on to support Franchise best-in-class revenue management practices. The position reports to the Vice President of Commercial Services, Franchise.You will be part of a team passionate about diversity, equity, and inclusion, committed to nurturing curiosity and new skills and building connections with stakeholders, colleagues, and guests across the organization.

Who We Are

At Hyatt, we believe in the power of belonging and creating a culture of care, where our colleagues become family. Since 1957, our colleagues and guests have been at the heart of our business and helped Hyatt become one of the world's best and fastest-growing hospitality brands. Our transformative growth and the addition of new hotels, brands, and business lines can open the door for exciting career and growth opportunities for our colleagues.

As we continue to grow, we never lose sight of what's most important: People. We turn trips into journeys, encounters into experiences, and jobs into careers.

Why Now?

This is an exciting time to be at Hyatt. We are growing rapidly and are looking for passionate changemakers to be a part of our journey. The hospitality industry is resilient and continues to offer dynamic opportunities for upward mobility, and Hyatt is no exception.

How We Care for Our People

Our purpose sets us apart-to care for people so they can be their best. Every business decision is made through the lens of our purpose, and it informs how we have and will continue to support each other as members of the Hyatt family. Our care for our colleagues is the key to our success. We're proud to have earned a place on Fortune's prestigious 100 Best Companies to Work For® list for the last ten years. This recognition is a testament to how our Hyatt family continues to come together to care for one another, our commitment to a culture of inclusivity, empathy, and respect, and making sure everyone feels like they belong.

We're proud to offer exceptional corporate benefits which include:

•Annual allotment of free hotel stays at Hyatt hotels globally

•Flexible work schedules

•Work-life benefits including well-being initiatives such as a complimentary Headspace subscription, and a discount at the on-site fitness center

•A global family assistance policy with paid time off following the birth or adoption of a child as well as financial assistance for adoption

•Paid Time Off, Medical, Dental, Vision, 401K with company match

Our Commitment to Diversity, Equity, and Inclusion

Our success is underpinned by our diverse, equitable, and inclusive culture and we are committed to diversity across the board-from whom we hire and develop, the organizations we support, and whom we buy from and work with.

Being part of Hyatt means always having space to be you. Our global teams are a mosaic of cultures, ethnicities, genders, ages, abilities, and identities. We constantly strive to reflect the world we care for with teams that achieve and grow together. To learn more about our commitments to DE&I, please visit the Why Hyatt section of the Hyatt career page.

Who You Are

As our ideal candidate, you understand the power and purpose of our Culture of Care and embody our core values of Empathy, Inclusion, Integrity, Experimentation, Respect, and Well-being. You enjoy working with others, are results-driven, and seek various opportunities to develop personally and professionally.

The Role

Responsibilities include general engagement with RM to represent the franchise's viewpoint and needs. This includes engagement across CS Analytical teams to engage the Franchise CS team in strategic actions based on data. They will prepare and review monthly and quarterly analytics across sample functions. Additional responsibilities include assisting in the enhancement of the sample focus area and participating in special projects that incorporate a wide range of sample function exposure.

•Oversee all aspects of Hyatt's overall revenue management and analytics function for the franchise, working closely with peers in related and affected functional areas.

•Direct the development and analysis of business and industry market forecasts and assumptions including the development of revenue forecasts, annual and long-range plans to support strategic planning for Franchise.

•Analyze and communicate results of strategies and tactics to support scaleable strategies to deploy to operators.

•Monitor market performance to ensure revenue objectives are achieved and implement appropriate revenue growth strategies to correct performance shortfalls.

•Lead Regional Quarterly Business Review process for Commercial data, aggregating performance results and forward outlook, supporting VP of Commercial Services in developing regional revenue strategy to achieve results.

•Collaborate with Data and portfolio health teams to support dashboards and scorecards that commercially support operators in utilizing Hyatt tools and resources to improve performance.

•Engage Franchise CS in key revenue management strategies that Commercial leads should be focusing on with operators and support in growing the RM knowledge.

•Contribute to the strategic direction of the company and its commercial agenda as part of the leadership team at the company.

•Oversee coordination with marketing, sales, planning, operating divisions, finance, and other company departments required to accomplish the department's functional responsibilities.

•Demonstrate a commitment to Hyatt's core values.

•Opportunities to participate in Hyatt's Diversity & Inclusion activities.

Qualifications
Experience Required:

•15+ years' experience in Revenue Management. Significant experience in the leadership of all or part of a well-respected revenue management function within a company and industry that is highly dependent on revenue management as a core competence (e.g., hotels, airlines, cruise lines, car rental, or gaming-preferably). Consideration will also be given to individuals experienced in revenue management solutions from the consulting/services arena, but preference will be given to those with prior experience.

•Expertise with revenue management information systems - Information systems literacy, necessary to Hy PrO (Idea's Platform), and a strong affinity for optimizing systems in day-to-day use.

•Transformational change experience - Experience developing new strategies, establishing vision, and leading business change across people, systems, and processes to centralize the revenue management function and realign the regional teams that support it

•Experience working with franchise operators required.

Experience Preferred:

•Bachelor's degree

•Experience with varied RM systems and specifically Ideas

The position responsibilities outlined above are in no way to be construed as all-encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

We welcome you:

Research shows that women, people of color, and other historically excluded groups, tend to apply to jobs, only if they meet all the listed job qualifications. Unsure if you check every box, but feeling inspired to enhance your career? Apply. We'd love to consider your unique experiences and how you could make Hyatt even better.

The salary range for this position is $150,000 to $215,000. This position is also eligible to earn an annual bonus and other bonus incentive compensation.

The final pay rate/salary offered to the successful candidate will depend on experience, skill level and other qualifications for the role, as well as the location of the performance of work. Pay for the successful candidate will meet local requirements, including the local minimum wage rate.