Stonebridge · 1 month ago
Area Director of Revenue Management
Stonebridge is a company focused on hospitality, and they are seeking a Director of Revenue Management. This role involves overseeing revenue management strategies across multiple hotels, analyzing data, and developing sales strategies to achieve revenue goals and enhance market share.
HospitalityInformation Technology
Responsibilities
Oversee revenue management activities, ensuring pricing, positioning, and inventory control across multiple hotels
Analyze data and trends to identify opportunities for increasing room revenue and market share
Develop and recommend sales strategies for transient, group, and wholesale segments
Manage demand forecasts, inventory, and revenue reports to maximize total revenue and profit
Collaborate with hotel General Managers, sales leaders, and owners to align revenue strategies with business goals
Regularly check distribution channels for accuracy, competitor positioning, and hotel visibility
Monitor and analyze STAR reports to improve revenue strategies and identify market trends
Provide leadership to hotel teams, ensuring effective implementation of revenue strategies
Assist with creating yearly room revenue budgets and provide input for the sales strategy
Communicate revenue management results and insights to key stakeholders, including hotel teams and franchise partners
Qualification
Required
2-year degree in Business Administration, Finance, Accounting, Economics, Hotel and Restaurant Management, or a related field, plus 2 years of experience in revenue management or related professional area; OR
4-year bachelor's degree in Business Administration, Finance, Accounting, Economics, Hotel and Restaurant Management, or a related field required
Strong analytical skills with the ability to interpret financial data and develop revenue strategies
Experience with pricing, inventory management, and forecasting for the hospitality industry
Excellent communication and leadership skills to manage relationships with hotel teams, sales leaders, and owners
Proficiency in using revenue management systems (RMS), PMS, and distribution channels
Ability to work independently and manage multiple properties simultaneously
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.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
TowerBrook Capital Partners
2022-03-02Private Equity
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