Address
Form of work
SalaryJob Number 24056322
Job Category Revenue Management
Location Americas Revenue Management Sv, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAP
Schedule Full-Time
Located Remotely? Y
Relocation? N
Position Type Management
JOB SUMMARY
This position is responsible for the execution of revenue management processes and strategy that meet the company’s mission and standards and focus on continuous improvement. Senior Revenue Manager, RMAS oversees and coordinates the revenue management functions (pricing, competitive assessments, etc.) and inventory strategy for Marriott Select Brand (MSB) hotels and Full Service Branded hotels.
CANDIDATE PROFILE
Education and Experience
- 2-year degree from an accredited university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major; 3 years of experience in the revenue management, sales and marketing, or related professional area.
OR
- 4-year bachelor's degree in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major; 2 years of experience in the revenue management, sales and marketing, or related professional area.
Managing Revenue Management Projects and Strategy
- Manages room authorizations, rates and restrictions.
- Analyzes competitive performance through the use of market share tools.
- Communicates and educates hotels on proper pricing, competitive positioning and restrictions and the impact that they may have on the hotels’ revenue strategies.
- Develops and implements strategies with the General Manager that will maintain and/or increase the hotel’s RevPAR.
- Utilizes Marriott’s revenue management systems and tools to maximize revenue and profit for both transient and group segments.
- Conducts Sales Strategy meetings with General Manager and key property staff to educate and evaluate pricing and inventory strategies.
- Confirms that the hotel(s) sales strategies are effectively implemented in the inventory and pricing systems.
- Effectively communicates brand specific revenue management philosophies as they pertain to One Yield/Total Yield recommended strategies.
- Communicates brand philosophies to the property staff.
- Understands Revenue Management Advisory Services’- Americas initiatives and philosophies.
Providing Business and Technical Support
- Responds to, solves and makes decisions on standard/routine business requests with limited risk.
- Assists more senior associates in achieving business results by: utilizing technical knowledge and skills to enhance business processes; establishing priorities for self and, where appropriate, others; allocating own time effectively to meet goals in a manner that does not disadvantage other associates or groups; and contributing to department/unit budget as appropriate (i.e., following guidelines, etc.).
Additional Responsibilities
- Demonstrates an awareness of personal strengths and areas for improvement and acts independently to improve and increase skills and knowledge.
- Takes responsibility for own work as well as contributes to the team and departmental goals and/or business results. May direct work of non-management staff.
- Performs other duties as appropriate.
California Applicants Only: The salary range for this position is $66,560.00 to $134,991.00 annually.
Colorado Applicants Only: The salary range for this position is $63,150.00 to $122,722.00 annually.
Hawaii Applicants Only: The salary range for this position is $76,410.00 to $134,991.00 annually.
New York Applicants Only: The salary range for this position is $63,150.00 to $134,991.00 annually.
Washington Applicants Only: The salary range for this position is $67,724.80 to $134,991.00 annually. In addition to the annual salary, the position will be eligible to receive an annual bonus. Employees will accrue 0.04616 PTO balance for every hour worked and eligible to receive minimum of 7 holidays annually.
All locations offer coverage for medical, dental, vision, health care flexible spending account, dependent care flexible spending account, life insurance, disability insurance, accident insurance, adoption expense reimbursements, paid parental leave, educational assistance, 401(k) plan, stock purchase plan, discounts at Marriott properties, commuter benefits, employee assistance plan, and childcare discounts. Benefits are subject to terms and conditions, which may include rules regarding eligibility, enrollment, waiting period, contribution, benefit limits, election changes, benefit exclusions, and others.
The application deadline for this position is 14 days after the date of this posting, 04/01/2024.
Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.
Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.
