Address
Form of workDescription:
Why you should work for us....
Paid Time Off
Choose 6 Holidays Per Year
Team Member Room Discounts
Referral Program
Aflac Enrollment:
Accident, Disability, Life, Cancer, Dental & Vision Insurance
Enrollment in Health Insurance
Enrollment in 401K with Employer Match
Paid Volunteer Opportunities
Bonus Plans
Principle Responsibilities & Position Purpose:
Develop room sales and distribution strategies and coordinate revenue management processes and procedures to maximize room revenue and yield penetration for a group of hotels. This is accomplished through proper management of room inventories and using analytics and technical knowledge of hotel revenue management platforms, rate & inventory, reservations and front office systems.
Pre-Requisites (Requirements):
-3+ years of experience in revenue management at a branded hotel preferred
-Minimum requirement is Associate degree. Four-year College or Hospitality degree is preferred, and/or equivalent work experience.
-Prior Multi-Hotel Experience required, preferable Hilton & Marriott.
-Must be a strong leader, self-motivator, team builder
-Must be willing and able to sign Paragon's non-disclosure and non-compete agreements
-Brand certification programs are preferred
-Must display professionalism and have characteristics of honesty and trustworthiness
-Must have excellent attendance and be punctual
Work Environment & Context:
-Must be able to perform major life activities: standing, lifting, bending, learning, reading, concentrating, thinking, and communicating
-Must be able to stand for eight hours, bend, stretch, and reach
-Work schedule varies and may include occasionally working on Holidays, weekends, and evenings. Long hours sometimes required
-Must be able to push or pull 60 pounds and lift and/or carry 30 pounds
Requirements:
Required Knowledge, Skills, and Abilities:
Knowledgeable in:
Assigned Group of Hotels and knowledgeable of their Branded Revenue Management Standards
Revenue Management Systems including Analytics Platforms (ie Cognos, Tableau, etc)
Knowledge of revenue management concepts, tactics and processes
Skills:
-Strong experience or adaptable training in the use of automated systems, personal computers and software programs, including Microsoft Excel, Work & PowerPoint
-Effective communication skills to establish a collaborative approach to revenue management with both hotel and corporate leaders
-Possesses excellent analytical skills and the ability to make recommendations based on analysis
-Prioritize departmental functions to meet due dates and deadlines.
-Understand financial information and data, and basic arithmetic function. Must be able to work well in stressful, high-pressure situations.
Abilities:
-Multi task, detail oriented, remain service centric
-Ability to build and maintain strong relationships with key stakeholders
-Ability to work with the different departments to ensure similar goals and implement action plans to achieve optimum revenue management
-Communicate with co-workers, receiving and transmitting mail, phone and written messages and relay pertinent information
-Has strong communication skills, both verbal and written
-Manage time effectively
-Ability to make sound decisions with minimal supervision
-Ability to take initiative towards learning new tools and processes
-Assist with guest issues with professionalism maintaining hospitable attitude.
Additional Info:
Essential Functions:
-Monitor & Evaluate rate and inventory controls in assigned hotels' Revenue Management Systems in accordance with established guidelines to maximize occupancy and revenues
-Develop, communicate and implement sales strategies, mix of business, channel management and pricing strategies, as well as reservations and related systems that will maintain and/or increase the hotels' RevPAR & RevPAR Generation Index (RGI)
-Measure and analyze booking trends, pickup, no shows, source of business and proper hotel segmentation of rates and rate integrity
-Manage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, OTA, inventory and monthly results
-Monitor competitive set pricing and understand the dynamics of the local market and demand generators
-Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitability
-Prepare for and conduct weekly Revenue Management meetings with property GM, AGM & DOS, involving rate and inventory strategies, transient/group pace, competitive business analysis and financial forecasts
-Work closely with the hotel GM and DOS to ensure maximization of group and LNR rates
-Analyze city events and project the effect of opportunity they create
-Analyze reports and available information to make long-term pricing recommendations, including weekly and monthly analysis and critique of the STR report
-Utilize brand revenue forecast systems and tools to ensure that revenue and profit are maximized
-Effectively communicate brand specific revenue management philosophies to the property staff
Positions for Possible Future Advancement:
The next step for this position is in a training capacity. The ability to teach skills and competencies will enhance leadership skills in preparation for further promotion. Once that is achieved, the individual may qualify to be promoted to Director of Revenue Management.
Why you should work for us....
Paid Time Off
Choose 6 Holidays Per Year
Team Member Room Discounts
Referral Program
Aflac Enrollment:
Accident, Disability, Life, Cancer, Dental & Vision Insurance
Enrollment in Health Insurance
Enrollment in 401K with Employer Match
Paid Volunteer Opportunities
Bonus Plans
Principle Responsibilities & Position Purpose:
Develop room sales and distribution strategies and coordinate revenue management processes and procedures to maximize room revenue and yield penetration for a group of hotels. This is accomplished through proper management of room inventories and using analytics and technical knowledge of hotel revenue management platforms, rate & inventory, reservations and front office systems.
Pre-Requisites (Requirements):
-3+ years of experience in revenue management at a branded hotel preferred
-Minimum requirement is Associate degree. Four-year College or Hospitality degree is preferred, and/or equivalent work experience.
-Prior Multi-Hotel Experience required, preferable Hilton & Marriott.
-Must be a strong leader, self-motivator, team builder
-Must be willing and able to sign Paragon's non-disclosure and non-compete agreements
-Brand certification programs are preferred
-Must display professionalism and have characteristics of honesty and trustworthiness
-Must have excellent attendance and be punctual
Work Environment & Context:
-Must be able to perform major life activities: standing, lifting, bending, learning, reading, concentrating, thinking, and communicating
-Must be able to stand for eight hours, bend, stretch, and reach
-Work schedule varies and may include occasionally working on Holidays, weekends, and evenings. Long hours sometimes required
-Must be able to push or pull 60 pounds and lift and/or carry 30 pounds
Requirements:
Required Knowledge, Skills, and Abilities:
Knowledgeable in:
Assigned Group of Hotels and knowledgeable of their Branded Revenue Management Standards
Revenue Management Systems including Analytics Platforms (ie Cognos, Tableau, etc)
Knowledge of revenue management concepts, tactics and processes
Skills:
-Strong experience or adaptable training in the use of automated systems, personal computers and software programs, including Microsoft Excel, Work & PowerPoint
-Effective communication skills to establish a collaborative approach to revenue management with both hotel and corporate leaders
-Possesses excellent analytical skills and the ability to make recommendations based on analysis
-Prioritize departmental functions to meet due dates and deadlines.
-Understand financial information and data, and basic arithmetic function. Must be able to work well in stressful, high-pressure situations.
Abilities:
-Multi task, detail oriented, remain service centric
-Ability to build and maintain strong relationships with key stakeholders
-Ability to work with the different departments to ensure similar goals and implement action plans to achieve optimum revenue management
-Communicate with co-workers, receiving and transmitting mail, phone and written messages and relay pertinent information
-Has strong communication skills, both verbal and written
-Manage time effectively
-Ability to make sound decisions with minimal supervision
-Ability to take initiative towards learning new tools and processes
-Assist with guest issues with professionalism maintaining hospitable attitude.
Additional Info:
Essential Functions:
-Monitor & Evaluate rate and inventory controls in assigned hotels' Revenue Management Systems in accordance with established guidelines to maximize occupancy and revenues
-Develop, communicate and implement sales strategies, mix of business, channel management and pricing strategies, as well as reservations and related systems that will maintain and/or increase the hotels' RevPAR & RevPAR Generation Index (RGI)
-Measure and analyze booking trends, pickup, no shows, source of business and proper hotel segmentation of rates and rate integrity
-Manage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, OTA, inventory and monthly results
-Monitor competitive set pricing and understand the dynamics of the local market and demand generators
-Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitability
-Prepare for and conduct weekly Revenue Management meetings with property GM, AGM & DOS, involving rate and inventory strategies, transient/group pace, competitive business analysis and financial forecasts
-Work closely with the hotel GM and DOS to ensure maximization of group and LNR rates
-Analyze city events and project the effect of opportunity they create
-Analyze reports and available information to make long-term pricing recommendations, including weekly and monthly analysis and critique of the STR report
-Utilize brand revenue forecast systems and tools to ensure that revenue and profit are maximized
-Effectively communicate brand specific revenue management philosophies to the property staff
Positions for Possible Future Advancement:
The next step for this position is in a training capacity. The ability to teach skills and competencies will enhance leadership skills in preparation for further promotion. Once that is achieved, the individual may qualify to be promoted to Director of Revenue Management.
