Hotel Revenue Manager - EVEN Hotel Midtown East
Hotel Brand: EVEN Hotels
Location: United States, New York, New York
Hotel: VN - New York - Midtown East (NYCEV), 221 East 44th Street, 10017
Job number: 166887
Hiring Salary: USD 77,000.00 - 102,000.00 YEARLY
Your day to day:
- Conduct a weekly Revenue Management Meeting where the current 50 week booking window is evaluated. Revenue Manager gives a synopsis of results vs. decision from the previous week and leads discussion on future issues.
- Prepare all reports and analyses necessary to conduct the above-stated meeting.
- Receive all definite and tentative group bookings and provide the General Manager with qualified analysis of how each booking will impact occupancy, average rate, and rooms profit over the dates in question. Review and approve all group proposals with Sales and/or General Manager. Collaborate with Sales Department on group rates.
- Receive all revisions to definite and tentative group bookings to prepare revised analysis as needed.
- Explore and provide variations in the market mix which would stimulate additional revenue without increasing costs.
- Oversee and evaluate the effectiveness of any internal incentive programs for Front Office, Reservations, Sales and Convention Services. Then provide the General Manager with clear payback analysis. Assist the General Manager in making necessary adjustments to any program.
- Responsible for the maintenance of any software programs which contribute to the management of room’s revenue, including Concerto, HCM, Opera, Delphi/Profit Pack or any other necessary systems.
- Work closely with the Director of Sales & Marketing and the Front Office Director to ensure their departmental objectives and responsibilities to The Hotel Management Group are met without having a negative impact on total rooms revenue management. This is with special attention to Corporate Marketing Programs, Special Promotions, and PCR customers, Local Volume Accounts, and Corporate Negotiated Accounts.
- Establish hotel pricing levels in all segments.
- Responsible for the daily room inventory management process. Actively monitor group blocks to determine rooms availability for sale.
Works closely with regional commercial team, hotel sales, hotel management and ownership to establish and implement pricing, yield, and selling strategies for the hotel, based on market factors and company guidelines. - Monitor competitor strategies and data; maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management. Monitor and communicate fluctuations in occupancy to operational departments so they can effectively manage staffing requirements and increase efficiency.
- Assist with the annual hotel budget development and ongoing results analysis.
This role is onsite 5 days per week.
What we need from you:
- Previous experience in Revenue Management in New York City as a Revenue Manager or Director is required.
- 2 plus years hotel management experience is required.
- Previous IHG systems experience preferred.
- Must speak and write fluent English.
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Important information:
- The salary range listed is the lowest to highest pay scale we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the pay range will be based on several factors, including relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.
- No amount of pay is considered to be wages or compensation until it is earned, vested, and determinable. The amount and availability of any bonus, commission, or other form of compensation allocable to a particular employee remain in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
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Hiring Salary: USD 77,000.00 - 102,000.00 YEARLY