Conrad Fort Lauderdale Beach · 5 days ago
Revenue Manager - Conrad Fort Lauderdale Beach
Fort Lauderdale, FL
Full-time
Onsite
Mid LevelConrad Fort Lauderdale Beach is seeking a Revenue Manager to join their team at this luxurious oceanfront hotel. The role involves strategically managing group and transient business thresholds, developing pricing strategies, and analyzing market trends to enhance profitability and growth.
Hospitality
Responsibilities
Manage and maintain group and transient inventory controls:
Daily review and implementation of room accommodation and rate inventory controls in Netrez / OnQ PMS and OnQ RMS. Includes weekly implementation of roll-in controls
Ensure group inventory and cut-off dates are managed according to demand
Implement all blackout dates in Netrez / OnQ and review monthly to determine if adjustments are needed
Work with Director of Front Office to ensure that sellout strategies are in place, and OnQ PMS / Netrez are balanced daily
Ensure OnQ FMS and General Ledger are balanced daily as it relates to past actuals
Develop, monitor and adjust sales and pricing strategies:
Conduct a weekly Revenue Management Meeting where the appropriate booking period is evaluated for proper rate and availability control
Provide a synopsis of results vs. decision from the previous week and lead discussion on future issues such as booking pace, pricing strategies, marketing opportunities and the competitive environment
Daily review of Delphi/DMPE reports: GRC, Backlog Report (monthly), Daily Transaction reports and Overrides report. Address concerns and action plans with Director of Sales
Develop annual transient pricing. Ensure pricing is consistent in all distribution channels (Netrez/OnQ PMS, GDS, Internet)
Provide critical analysis of strategies, room statistics and demand factors:
Review end of month rooms statistics reports including FMS, Monthly Revenue Management Reports, STAR, HILSMART, Key Hotel Marketing Reports, Report of Operations, and provide critical analysis on performance vs. forecasts and results of implemented strategies
Conduct displacement analysis of group business, as needed, to determine impact potential business will have on RevPAR
Review all tentative and definite group bookings, to ensure that they support implemented strategies
Complete weekly booking pace reports and analysis on pace, recommending strategy changes when needed
Analyze past and present trends and make recommendations for future strategies
Forecasting:
Prepare all Weekly, Monthly, Rolling Forecasts and Annual Budget using OnQ RMS, Excel, OnQ FMS, Delphi/DMPE, and Netrez/OnQ PMS
Competitive and Demand Analysis:
Review all competitive shops on a consistent basis (at least once per week) and identify selling strategies and market trends
Review Demand calendars, convention calendars and city event calendars to keep abreast of all demand generators
Maintain historical data on events and performance on any promotions during these demand-generating events
Qualification
Required
Strong analytical skills
Experience with revenue management systems
Deep understanding of the hospitality industry
Knowledge of ONQ system
Ability to manage and maintain group and transient inventory controls
Ability to develop, monitor and adjust sales and pricing strategies
Ability to provide critical analysis of strategies, room statistics and demand factors
Ability to prepare all Weekly, Monthly, Rolling Forecasts and Annual Budget using OnQ RMS, Excel, OnQ FMS, Delphi/DMPE, and Netrez/OnQ PMS
Ability to conduct competitive and demand analysis
Demonstration of hospitality values
Demonstration of integrity
Demonstration of leadership
Demonstration of teamwork
Demonstration of ownership
Demonstration of quality
Demonstration of productivity
Demonstration of dependability
Demonstration of customer focus
Demonstration of adaptability
Benefits
Access to pay when you need it through DailyPay
Medical Insurance Coverage – for you and your family
Mental health resources including Employee Assistance Program
Best-in-Class Paid Time Off (PTO)
Go Hilton travel program: 100 nights of discounted travel
Parental leave to support new parents
Debt-Free Education: Team Members will have access to a wide variety of educational credentials through our partnership with Guild Education, including: college degrees and professional certifications
401K plan and company match to help save for your retirement
Hilton Shares: Our employee stock purchase program (ESPP) - you can purchase Hilton shares at a 15 percent discount
Career growth and development
Team Member Resource Groups
Recognition and rewards programs
Available benefits may vary depending upon property-specific terms and conditions of employment.
Company
Conrad Fort Lauderdale Beach
Renowned for its elevated coastal living on Fort Lauderdale’s exclusive North Beach, Conrad Fort Lauderdale Beach redefines ultra-elegant hospitality.
Founded in 2017
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase