Revenue Manager
Red Roof Inn
- Experience
- 2+ yrs
- Location
- United States
- Job type
- Full-time
Required skills
- Property Management System (PMS)
- Central Reservation System (CRS)
- OTA extranets
- Microsoft Excel
- Power BI
About the role
Duties and Responsibilities
- Build and maintain strong relationship with hotel ownership and management
- Lead regularly scheduled revenue strategy virtual meetings based on contracted service level
- Generate and analyze performance reports; develop and communicate recommended strategies to hotel management
- Implement approved recommendations including, but not limited to setting and managing:
- Daily, seasonal and event pricing by room type
- Inventory allocations and restrictions
- Brand and online promotions
- Negotiated and transient rates
- Conduct competitor pricing analysis to understand competitive position, highlighting threats and opportunities and give recommendations accordingly
- Monitor systematic inventory restriction parameters, identifying opportunities to loosen or tighten restrictions
- Conduct displacement analysis and give recommendations on negotiated business
- Maintain channel parity
- Review and adjust channel/mix of business strategy
- Collaborate with other departments including Sales & Marketing, Operations, Distribution, etc.
- Complete special projects, participate on department committees and perform other responsibilities as assigned
Qualifications
- Minimum 2-4 years’ experience in hotel revenue management, preferably as a Revenue Manager
- Bachelor's degree in hospitality, business, or related field preferred
- Working knowledge of hotel/industry systems including PMS, CRS, OTA extranets, etc
- Ability to communicate confidently and clearly, both written and verbally including ability to strategically influence others
- Strong technical, analytical, and problem-solving skills
- Proficient in Microsoft Excel with preferred knowledge of Power BI
- Ability to effectively follow up on multiple projects
- Ability to present analysis to all levels of management in a variety of settings
- Must be able to work independently
- Strong time management skills and ability to prioritize work
- Able to travel up to 10% of time
About Red Roof Inn
Operates and franchises economy and mid-scale hotels.
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