Revenue Manager Job at Capital Insight Management Llc, Los Angeles, CA

alU2SkpnV2tDY1ZEN284RWdKOTMzdFFLSnc9PQ==
  • Capital Insight Management Llc
  • Los Angeles, CA

Job Description

Job Description

Job Description

Benefits:

  • 401(k) matching
  • Competitive salary
  • Dental insurance
  • Free food & snacks
  • Health insurance
  • Vision insurance
Starting @ $100,000 depends on experience

Job Description:

The Revenue Manager is responsible for leading the hotel revenue strategy. The RM establishes goals and implements tactical efforts, with the goal of promoting revenue growth generation and supporting the hotel's brand positioning. The role is responsible for data quality and analysis, providing gathered intelligence, and recommending revenue strategies to the property teams, as well as corporate and ownership entities. In addition, the role ensures that inventory allocation and pricing parameters are positioned to support the overall revenue goals of the hotels, while assisting all stakeholders in maximizing profit. The role identifies and mentors GMs in the hotel and provides counsel to other company stakeholders.

Scope of Responsibilities:

  • Leads strategic revenue planning and collaborates with all hotel teams to actively seek opportunities to drive incremental profit for the properties.
  • Effectively communicates a compelling Total Hotel Profit Optimization vision to all relevant property leaders, fosters Revenue Management Culture within the hotels.
  • 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
  • Participates in the annual budget process and produces long term projections, as required.
  • Actively participates in ownership conversations and presentations.
  • Monitors relevant economic, market, and competitive set indicators to derive insight-led profit generation strategies.
  • Prepares daily, weekly, monthly and quarterly reports for properties and leadership team.
  • Maximizes room revenue contribution through a thorough understanding of all booking channels and management of inventory and rates.
  • Optimizes pricing, promotions, and availability strategies through definition and management of all rates, rate levels, stay restrictions and other tactics, which are congruent with demand factors to target the most profitable customer segments to maximize profits.
  • Directs and manages all channel distribution strategies. Evaluates new business opportunities related to booking channels.
  • Collaborate with the Brand Revenue contacts to execute, measure, evaluate and improve digital marketing efforts, to support the hotel strategic marketing plans working within the established budgets.
  • Collaborates with Major OTAs and manages performance reviews with OTA/CTO partners, keeping up-to-date on each partners distribution options to ensure optimal display of the hotel.
  • System owner for Rate shopping system and hotel specific platforms.
  • Oversees content management in all electronic channels, liaises with OTAs and Brands to ensure regular updates of images and descriptions of hotel, room brands and services are completed.
  • Maintains relationships with local market competitors to keep informed of trends and news.
  • Motivate, lead, coach and manage all aspects of team members performance towards achieving exceptional guest service and employee satisfaction results.
Personal Profile:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions:

  • Strong communication skills, both verbal and written
  • Dynamic can-do attitude
  • Strong analytical skills and attention to detail
  • Presents a professional and polished appearance
  • Effectively deal with GMs and other team members
  • Possessing the trait of being organized and multi-tasking
  • Ability to complete work within given deadlines
  • Maintain confidentiality of proprietary information and protect company assets
Required Education and Experience:

  • Minimum 5 years of Revenue Management experience

Job Tags

Temporary work, Local area,

Similar Jobs

MDB GROUP, LLC

Heavy Equipment Operator/Driller Trainee (Construction) Job at MDB GROUP, LLC

 ...have experience operating heavy construction equipment such as backhoe, skid steer, excavators, or loaders? Do you want to learn the drilling and blasting industry with a stable, growing, majority employee-owned company? If you answered YES to these questions, then we... 

Alto Health Care Staffing

Nutritionist Job at Alto Health Care Staffing

Clinical Nutritionist Department Code 8302 Department Name Food and Nutritional Services Facility Name Columbus Regional Hospital Purpose The purpose of the Initial Competency Evaluation is to confirm that new CRH employees and internal transfers have the... 

Targeted Solutions, LLC

Information Technology/Information Assurance (IT/IA) Specialist II Westlake, TX (REQ: 24-J-0635) Job at Targeted Solutions, LLC

 ...Up to $54.31 hourly The IT/IA primary function is working within Special Access Programs (SAPs) supporting Department of Defense (DoD) agencies, such as HQ Air Force, Office of the Secretary of Defense (OSD) and Military Compartments efforts. The position will provide... 

Headway

LCP (Remote) Job at Headway

 ...Remote Licensed Clinical Psychologist Wage: Between $95-$166 an hour Are you a Licensed Clinical Psychologist looking to launch a private practice, or grow your existing practice? Headway can help you earn more through insurance! Headway supports thousands... 

Fidelity Partners Services, LLC.

Medical Laboratory Technician Job at Fidelity Partners Services, LLC.

 ...Medical Laboratory Technicians 2nd Shift [4:00pm to 12 midnight] Location: Columbia VA Healthcare System William Jennings...  ...Requirements: National Agency Check and Inquiries with Fingerprints. Type of Employment: Full-Time, 40 hours per week. Estimate...