Director of Revenue Management

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POST DATE 9/15/2016
END DATE 10/15/2016

Hyatt Place DC/US Capitol Washington, DC

Company
Hyatt Place DC/US Capitol
Job Classification
Full Time
Company Ref #
hc.1E63E16A21C61658
AJE Ref #
576185579
Location
Washington, DC
Experience
Entry Level (0 - 2 years)
Job Type
Regular

JOB DESCRIPTION

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JOB OVERVIEW To maximize rooms revenue and yield penetration through proper management of rooms inventories and through analytical and technical knowledge of hotel reservation system. REPORTS TO General Manager ESSENTIAL JOB FUNCTIONS Oversee revenue management and distribution strategy of the hotel and manage day to day yield operations. Daily pick-up analysis, strategy adjustments and reporting. Perform competitive benchmark studies and follow market trends. Create and develop pricing strategies in conjunction with the individuality of each hotel. Provide forecasts of expected results, variances and budget comparisons. Manage and oversee strategy for all third party distribution. Responsible for assessing, analyzing and pricing group business strategies. Analyze overall monthly hotel performance and provide summary report with recommendations to improve long term strategies. Ensure all related systems are configured correctly, validated and working to full capacity. Ensure web site booking process is maintained up-to-date and functional. Work in liaison with hotel sales and departments as a team. Responsible for best practice standards to include competitor analysis market modeling distribution yield management business mix yield management length of stay yield management inventory availability by channel pricing control and new pricing concepts. Reduce the cost of distribution by finding new less expensive means of delivering business. Prepare outline, support, and participate in the annual revenue budget process. Advice and coach the client in other operational areas. Visit the hotels to get first-hand knowledge of all revenue management issues and other key areas. Any other reasonable requests made by management.