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Regional Director of Revenue Management

Excel Hotel GroupSan Diego, California

$120,000 - $135,000 / year

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Overview

Schedule
Full-time
Career level
Executive
Remote
On-site
Compensation
$120,000-$135,000/year
Benefits
Health Insurance
Dental Insurance
Life Insurance

Job Description

Benefits:
  • Employee discounts
  • Paid time off
  • 401(k)
  • 401(k) matching
Regional Director of Revenue ManagementCompany Headquarters:San Diego, CACompany Type:Privately Held, Select-Service Hotel Management Company
Company Overview
We are a rapidly growing, privately held hotel management company based in San Diego, CA, with a portfolio of 30+ select-service hotels across California and additional properties under development. Our portfolio includes a diverse mix of top-tier brands such as Hilton, Marriott, Hyatt, IHG, and more. We are driven by a results-oriented culture, a passion for hospitality, and a commitment to growing talent from within.
The Director of Revenue Management is responsible for identifying and maximizing potential revenue opportunities for the hotels. In today’s lodging environment, understanding channel and yield management is critical for maximizing revenues. The Director of Revenue Management is responsible for formulating long- and short-term strategies and for overseeing their successful execution towards the advancement of RevPAR. This includes the analysis of revenue potential generated by transient and group market segments as well as the optimization of market mix, catering and space utilization, and other revenue considerations to achieve maximum revenue every day of the year.Responsibilities Include:
  • Establish pricing levels in all segments for assigned hotels
  • Manage daily room inventory 
  • Monitor competitor rates, positioning, strategies and data
  • Maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management
  • Analyze local events and activities and project the effect of opportunities they create 
  • Monitor and communicate fluctuations in occupancy to operational departments in order to effectively manage staffing requirements
  • Perform unconstrained demand analysis to determine optimal business mix
  • Prepare short- and long-term forecasts including Weekly Forecasts, 30 60 90 Forecasts, and Full-Year Forecasts
  •  Oversee process for evaluating all opportunities for contracted business (group, wholesale, corporate negotiated, etc.) presented through the Sales department. Ensure that process enables high speed of response while maximizing profits
Benefits/Perks
  • Excellent benefits include: Medical, dental, life, PTO, and 401k with company match
  • We offer an excellent travel discount program.
  • Opportunity to grow, we promote from within
Compensation: $120,000.00 - $135,000.00 per year

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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FAQs About Regional Director of Revenue Management Jobs at Excel Hotel Group

What is the work location for this position at Excel Hotel Group?
This job at Excel Hotel Group is located in San Diego, California, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Excel Hotel Group?
Candidates can expect a pay range of $120,000 and $135,000 per year.
What employment applies to this position at Excel Hotel Group?
Excel Hotel Group lists this role as a Full-time position.
What experience level is required for this role at Excel Hotel Group?
Excel Hotel Group is looking for a candidate with "Executive" experience level.
What benefits are offered by Excel Hotel Group for this role?
Excel Hotel Group offers following benefits: Health Insurance, Dental Insurance, Life Insurance, Paid Vacation, Career Development, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Excel Hotel Group?
You can apply for this role at Excel Hotel Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.