Revenue Manager

FAIRMONT

Revenue Manager

Santa Monica, CA +1 location
Full Time
Paid
  • Responsibilities

    Job Description

    Reporting to the Director of Revenue Management & eCommerce, responsibilities and essential job functions include but are not limited to the following:

    • Supports all aspects of pricing, trend, and business evaluations to optimize, ADR, REVPAR and TREVPOR.
    • Prepare and able to present weekly commercial strategy meetings to discuss performance and strategy.
    • Analyze booking trends, segmentation performance, and demand driver to prepare weekly, and long term forecasts.
    • Collaborate with Marketing and distribution teams to deploy initiatives that drive measurable results.
    • Maintain and manage Passkey inventory, property content and guest communication templates.
    • Manage daily inventory control, balance and room assignment.
    • Load, maintain and manage all Business Transient rates on all distribution channels. Conduct on-going audit for accuracy and visibility on channels
    • Assist with maintaining accurate hotel content on branded websites and all 3rd party websites
    • Maintain accuracy of information/data and enhance automation efforts in reporting tools
    • Assist in the preparation of competitive analysis and other supporting documents
    • Assist in managing room authorizations, rates, and restrictions, including communicating rate restrictions and strategy to operation team
    • Monitor changes in inventory and provide guidance on the impact of current strategies
    • Monitor group blocks and assess risk, while making strategy recommendations
    • Assist with accurately generate and update Revenue Management reports
    • Assist with system maintenance including but not limited to, inputting rates, restrictions, monitoring forecasted demand, updating group forecasting and running daily system checks
    • Assist in the implementation of hotel sales strategies in the reservation and inventory systems
    • Participate and contribute in all revenue related initiatives
    • Perform ad-hoc tasks, analysis, and reporting on a needed basis to senior leadership
    • Communicates effectively between Reservations, Sales, Convention Services, Accounting and Front Desk
  • Qualifications

    Qualifications

    • At least 2 years minimum experience in a similar role
    • Previous reservations experience required
    • Strong working knowledge of Property Manager (Opera Cloud)
    • Experience with Ideas G3 and Demand 360
    • Detail oriented with strong analytical skills
    • Strong oral, written, and interpersonal skills to communicate with all levels of organization
    • Must work well in stressful, high pressure situations

    Additional Information

    All your information will be kept confidential according to EEO guidelines.

  • Compensation
    $97,000-$97,000 per year
  • Locations
    Santa Monica, CA • Denver, CO