Revenue Strategy Manager - Hospitality

The SHOW comes alive at MGM Resorts International.
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
This is an in office based position in Las Vegas, NV.
THE JOB:
The primary responsibilities of the Manager of Hospitality Revenue Management is to analyze and prepare various reports on all financial aspects of Hospitality as they relate to yielding, budgeting, staffing, scheduling, revenue generation and cost control. This role will also require extensive hands-on data and process management experience in order to build data driven solutions, conduct analysis, and derive insights that will drive commercial success for MGMRI's portfolio of Hospitality verticals with a particular focus on F&B. This role will support key yielding initiatives that include but are not limited to pricing analytics, reservation and booking window optimization, inventory management, competitive analysis and COGS mitigation.
THE DAY-TO-DAY:

• Develop and implement a consistent and best of breed set of templates, reports and analyses for audiences including management, internal teams, and external partners to utilize.
• Collaborate with Information Management on designing and maintaining highly scalable data pipelines to obtain proper data sources.
• Facilitate the use of analytics and visualization across Revenue management and its stakeholders to drive innovation.
• Oversee the strategy for gathering and analysis of customer and competitive intelligence such as pricing.
• Develop optimization models; measure model performance and validity using statistical techniques.
• Oversee analysis and implement strategies to increase Revenue Per Available Seat Hour (RevPASH).
• Perform demand forecast and revenue optimization using various forecasting techniques (e.g., time series, linear regressions, etc.) to identify sales trends.
• Design, document, deploy and maintain analytical reports utilizing data manipulation techniques to track KPI's.
• Translate complex datasets, statistical analyses and models into reporting within business intelligence software for distribution.
• Daily tasks include yielding prices and providing recommendations for revenue maximization by leveraging forecasts and analyses including pricing optimizations, competitive sets, and dilution and displacement evaluations.
• Assist in the collection and storage of key historical data, such as competitive sets, to assist in the ongoing implementation of pricing strategies, reporting, and recommendations for continued revenue generation and efficiencies.
• Continuously investigate new profit and growth opportunities.
• Generate new or simplify and consolidate existing reporting as needed.
• Collaborate with management in evaluating new technologies and software to improve tracking and streamline processes.

THE IDEAL CANDIDATE:

• Bachelor's Degree or equivalent experience with an emphasis in Statistics, Finance, Economics, MIS or related equivalent education and work experience.
• 5+ Years of data analytics experience.
• Proficient in analytical tools such as Power BI, Tableau, SQL, Python, Excel.

THE PERKS & BENEFITS:

• Enhanced healthcare coverage, robust financial benefits, and generous time-off perks.
• Wellness incentive programs to help you stay healthy physically and mentally.

Are you ready to JOIN THE SHOW? Apply today!