Revenue Manager

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Full Time Hospitality Corporate Office, Decatur, IL, US

2 days ago Requisition

Salary Range: $72,000.00 To $78,000.00 Annually

Are you ready to advance your career to the next level? Are you a passionate hospitality professional? How about hands-on, energetic, and driven? Tharaldson wants you!

We provide a friendly, professional place to work and have fun, with opportunities for advancement and career growth. A strong company culture inspires our team members to achieve the highest standards of hospitality. Tharaldson Hospitality Management has 90 hotels nationwide and continues to grow, creating exciting career opportunities for our team members.

Competitive pay

Daily Pay Option

401(k) and Profit Sharing

Paid Vacation

Summary:

Maximizes room revenue through the management of room inventory, market mix and pricing strategy. Also supervises the processing of guest reservations and group blocks. In addition, supervises, trains, and develops certain staff to encourage maximization of hotel revenue. 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 accommodations may be made to enable individuals with disabilities to perform the essential functions.

Primary Responsibilities:

• Supports the hotels’ General Managers, Assistant General Managers, and Directors of Sales daily.
• Monitors the pricing of competitors, understands the dynamics of the local market and demand generators and presents appropriate actions to the revenue committee.
• Chairs the daily, weekly, and monthly revenue meetings, and generates all reports needed for that meeting. Generates action plans from meetings and shares with the group.
• Coordinates the yield management process and manages the property management system on a daily basis.
• Reviews and approves all group proposals with the Director of Sales and/or General Manager. Collaborates with the Director of Sales on group rates, ceilings, and selective guidelines.
• Monitors group blocks to determine rooms available for sale to transient customers. The Revenue Analyst shall also understand the groups’ pick up history and shall manage group cut off dates.
• Effectively develops the hotel pricing and market mix strategy.
• Monitor and communicate with Director of Sales on daily walk-in rates and pricing strategies.
• Determines the hotel weekly and long range rooms’ forecasts.
• Assists in the annual hotel budget development and ongoing results analysis.
• Monitors the Reservations department’s efforts towards maximum hotel revenue and looks for new revenue-producing opportunities.
• Review various reports including Star Report,on a daily, weekly, and/or monthly basis as required.
• Works with Sales team to create “new” selling opportunities, such as packages to increase REVPAR.
• Ensures hotel is visible on the internet and is partnered with many sites as possible.
• Works with Sales team to determine LNR, Consortia, and RFP rates. Ensures the hotel is prepared for the RFP season.
• Communicates fluctuations in occupancy to operational departments so they can make staffing adjustments and increase efficiency.
• Partner with Sales teams providing analysis, training and collecting data as needed.
• Responds quickly to appropriate guest requests or complaints in a friendly manner and appropriate action is taken. Directs request or complaints to appropriate department.
• Follows company policies and procedures and is able to effectively communicate them to subordinates.
• Assi…