Stonebridge · 1 month ago
Area Revenue Manager (Hybrid)
Queens, NY
Full-time
Hybrid
Mid Level
$90K/yr - $115K/yr
3+ years expStonebridge is a hospitality company managing a cluster of hotels. The Area Revenue Manager is responsible for implementing and managing revenue strategies across multiple hotels, optimizing rate implementation, inventory management, and distribution to maximize revenue and meet expectations.
HospitalityInformation Technology
Responsibilities
Maximize revenue across assigned hotels by implementing rates and restrictions through the brand’s RMS system
Manage inventory allocation and pricing strategies to achieve overall revenue goals
Validate and fine-tune RMS system recommendations and forecasts, reporting daily entries and analysis of system changes
Support the Regional/Area Director of Revenue Management in executing revenue management strategies for hotels
Work with brand managers to implement strategies and analyze marketing reports to drive revenue
Maintain pricing and distribution strategies across the hotels’ PMS and extranet platforms
Produce weekly and monthly financial forecasts for internal and ownership purposes
Assist in pricing and yield decisions across all market segments based on the forecast
Manage group blocks within the PMS, including pickups, cut-offs, attrition, and oversell strategies
Oversee the rate loading process for all rate plans and regularly test bookings for accuracy
Facilitate and attend weekly revenue meetings with hotel teams
Produce routine reports for the Regional Director of Revenue Management and executive committee members for analysis
Qualification
Required
Strong knowledge of PMS, RMS, and hotel distribution channels
Excellent analytical skills with the ability to interpret financial data and adjust strategies accordingly
Experience in working with third-party market managers and optimizing distribution channels
Strong communication and leadership skills to collaborate with various hotel teams and management
Proficiency in Microsoft Office, especially Excel, for producing forecasts and reports
Ability to work independently and handle multiple tasks in a fast-paced environment
High attention to detail and strong organizational skills
Preferred
3+ years of experience in hotel revenue management, with responsibilities for multiple properties preferred
Benefits
Medical
Dental
Vision
PTO
401(k) matching
Wellness support
Life and disability coverage
Savings accounts
Tuition aid
Travel and lodging perks
Company
Stonebridge
Stonebridge delivers 3rd party hotel management services built on the unwavering focus and sharp insights integral to effectively manage and optimize hotel portfolios so investments thrive.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
TowerBrook Capital Partners
2022-03-02Private Equity
Leadership Team
Rob Smith
CEO and President, Stonebridge Companies
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