Executive Director of Revenue

The main purpose of this position is to be responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share. Leverages provided resources to ensure the successful application and continuous development of Revenue Management techniques for maximizing the generation of rooms’ revenue, as well as any other revenue streams such as catering, restaurant or spa revenues.

Qualifications

Job Description

• Leads strategic planning and collaborates with all hotel profit generation teams to actively seek opportunities to drive incremental profit for Rooms, Restaurants, Spas, and other revenue streams.
• Leverages Revenue Management analytics, technologies, processes, tools, and training programs to optimize hotel profits.
• Creates short- and long-term forecasts, that yield the best decisions on pricing and yielding tactics for rooms, outlets and Convention centers
• Drive Market Share and Revenue Performance through proper pricing and mix management.
• Develop overall pricing strategy to include all market segments and distribution channels
• Provide guidance on corporate transient negotiated pricing, group pricing for each group, and wholesale pricing
• Manages reservations team
• Actively participates in ownership conversations and presentations.