Job description
Position Summary The Revenue Manager is responsible for maximizing revenue opportunities through the development and implementation of effective short and long-term inventory and pricing strategies based on future demand forecast, current and historical trends. This includes the development and deployment of inventory restrictions and pricing strategies to maximize revenue per available with a focus on driving operational efficiencies through extended stay occupancy. Duties also include the monitoring and management of inventory via various distribution channels including but not limited to CRS, Internet and GDS. This position will also be responsible for the design, deployment and monitoring of forecasting and budgeting for each of their managed hotels which would include a full competitive analysis. The position’s success will be greatly benefited by consulting with third party intermediaries such as Expedia and Booking/Priceline to gain maximum exposure and revenue gains for the hotel as well as complete analysis of local events and activities and a projection of the revenue opportunities they create for the hotel.Job Description
Principle duties and responsibilities (Essential Functions) include:
Operational/Functional:
- Deliver outstanding experiences to guests, partners, and team members
- Review and react to relevant reports and records
- Review and ensure quality of documentation and record-keeping
- Ensure compliance with applicable regulations
- Set departmental goals and strategy to align to company mission and departmental goals and targets
- Coordinate with other departments to achieve results
- Develop and maintain relationships with vendors
- Achieve all revenue and expense targets
- Direct financial operations of the department, including budget management, and monitoring expenditures
- Participate in budget and forecasting process as directed
- Attract, retain, and motivate the best talent
- Ensure team members receive proper training applicable to their position and career aspirations and in accordance with company policy and/or local laws
- Responsible for monitoring, measuring, and recognizing performance of team members who directly report to the role and indirect reports
- Support, comply and promote company initiative, policies and guidelines
- Handle employee issues in a professional and timely manner
- Responsible for ensuring success through the eyes of employees, guests, and owners
- Utilize and collaborate with resources across different departments and corporate office
- Capable of influencing employees to perform to their highest standard and establishing a trusting environment to enrich the culture
- Focus on the mission and well-being of the department, hotel, and company as a whole
- Lead by example and operate with integrity and respect
- Inspire your team to embrace and demonstrate our values and GUEST People Standards
A candidate for this position must possess the following applicable knowledge, skills and abilities and be able to demonstrate and provide applicable examples to support his/her competency.
- Excellent verbal and written communication skills.
- Excellent interpersonal and customer service skills.
- Excellent organizational skills and attention to detail.
- Strong analytical and problem-solving skills.
- Strong supervisory and leadership skills.
- Ability to prioritize and organize work assignments.
- Extensive knowledge of hotel and hospitality industry.
- Proficient with Microsoft Office Suite or related software.
Benefits
Sonesta recognizes that benefits play a vital role in helping ensure the health and financial security of employees and their families. We offer a variety of benefits to our employees including:
- Medical, Dental and Vision Insurance
- Health Savings Account with Company Match
- 401(k) Retirement Plan with Company Match
- Paid Vacation and Sick Days
- Sonesta Hotel Discounts
- Educational Assistance
- Paid Parental Leave
- Company Paid Life Insurance
- Company Paid Short Term and Long Term Disability Insurance
- Various Employee Perks and Discounts
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