United States
Our foundation in family goes back to 1957, when entrepreneur Jay Pritzker purchased the original Hyatt House motel. Pritzker and his brother, Donald, worked to grow the Hyatt brand, powered by their belief in the importance of family and care. As of March 31, 2020, Hyatt is a global hospitality company with 20 premier brands and more than 900 hotel, all-inclusive, and wellness resort properties in over 65 countries across six continents.With more than 127,000 colleagues across 65 countries, we embrace all cultures, races, ethnicities, genders, sexual orientations, ages, abilities, perspectives, and ways of thinking. Our culture is one that empowers every individual to be his or her best, and such authentic connection inspires the way we care for each other and for our guests.Be a part of something bigger. Enjoy life every day. Make a difference in the lives of those around you. Love where you work. Join a company that values respect, integrity, humility, empathy, creativity, and fun. With careers spanning the globe, your perfect opportunity awaits. Discover why Hyatt is consistently ranked one of the world’s best places to work.
Industry : Hotels & Resorts
Department : General Management
Location : United States, United States
Level : Director
Posted : 30 Jan 2025
Job Role : Revenue Management
Recruiter : Hyatt Hotels
Job Ref : HOZ7633
Employment Type: Permanent
Job Type :
Validate Through : 2025-02-28
Salary Description: Competetive Salary Offered
Description
The Director of Revenue Management will develop long-term strategies and short-term tactics to increase the hotel's overall revenues and to maximize profit.The Director of Revenue has responsibility for all technical accounting aspects of hotel's revenue streams. This role will provide key leadership surrounding the hotel's revenue management policies and will regularly interface with the sales, operations and marketing departments. This role acts as a key liaison between hotel leadership, corporate resources and ownership to create trust and confidence in hotel revenue strategies.
Key Responsibilities:
•Maximize overall hotel revenue for rooms and food and beverage through the implementation of effective pricing and distribution strategies.
•Prepare weekly and monthly rooms occupancy and average rate forecast through the use of Business Intelligence and Revenue Management applications.
•Manage and oversee revenue management analytic functions to produce reporting that support and evaluate hotel business strategies.
•Implement hotel sales strategy and pricing recommendations across all channels, Hyatt revenue systems and market segments.
• Analyze results of strategies and tactics deployed on a consistent basis. Provide all communication necessary to hotels teams, regional teams and ownership stakeholders.
• Prepare the annual business plan and revenue budget through collaboration with hotel leadership.
• Drive innovation through merchandising resort experiences in a way that resonates with customers, ultimately leading to revenue maximization.
Qualifications
•3 to 5 years of experience in similar role in a hospitality industry.
•Advanced analytical skills.
•Ability to build an understanding of local market and competition.
•Strong communication and presentation skills.
•Proficiency in Microsoft Suite.
• Oversee the in-house reservations team and processes.
• Coach and mentor the next generation of revenue leaders by fostering mentor relationships with team members.
Rishi star
Mumbai, India
Awesome hotel !!