Revenue Manager

Piatt Hotel Group is searching for a Revenue Manager to join their corporate team in Southpointe to centrally support their portfolio of hotels. The Revenue Manager plays a critical role in ensuring the portfolio’s financial success by optimizing pricing, managing distribution channels, and using data-driven strategies to maximize revenue across multiple properties. In this role, you will work closely with various departments, including sales, marketing, and operations, to align strategies and meet revenue goals across multiple properties.

Some key responsibilities include:

Revenue Strategy Development:

   - Develop and implement revenue management strategies to maximize room occupancy and revenue per available room (RevPAR).

   - Set pricing strategies based on market conditions, demand forecasts, and competitor analysis.

   - Adjust pricing in real-time, using revenue management systems (RMS) to respond to changes in demand and market trends.

Forecasting and Analysis:

   - Produce accurate daily, weekly, and monthly forecasts for room revenue.

   - Analyze historical data, market conditions, and future demand patterns to make informed pricing decisions.

   - Monitor key performance indicators (KPIs) such as occupancy, average daily rate (ADR), and RevPAR.

Inventory and Channel Management:

   - Manage room inventory across all distribution channels (e.g., online travel agents (OTAs), direct bookings, third-party channels) to maximize occupancy and revenue.

   - Ensure the accurate setup and maintenance of rates and availability in all distribution systems.

   - Evaluate and optimize channel performance, ensuring that the mix of business is balanced to achieve maximum revenue and profit.

Collaboration and Coordination:

   - Work closely with the sales and marketing teams to align revenue strategies with promotional activities and marketing campaigns.

   - Collaborate with the operations and front office teams to ensure effective capacity management and customer service.

Reporting and Performance Monitoring:

   - Prepare and present revenue management reports for senior management, outlining key metrics, strategies, and revenue performance.

   - Track and report on competitor performance and market positioning.

   - Monitor the impact of pricing decisions and promotions, adjusting strategies as needed.

Qualifications:

- Bachelor’s degree in Hospitality Management, Business, Finance, or a related field.

- Proven experience in hotel revenue management, preferably in a corporate or multi-property setting.

- Previous Hilton and Wyndham brand experience a plus

- Strong analytical skills and proficiency with revenue management systems

- Excellent communication, leadership, and collaboration skills.

- Ability to make data-driven decisions in a fast-paced environment.

- Advanced knowledge of Excel and other analytical tools.

 Skills Required:

- Strong understanding of market segmentation, channel management, and distribution strategies.

- Excellent problem-solving and critical thinking abilities.

- Ability to work collaboratively across departments.

- Detail-oriented with strong organizational skills.

- Proficiency in data analysis and forecasting techniques.

Benefits:

We offer a competitive benefits package including 401(k) with match, Medical, Dental, Vision, Life Insurance, Long-Term Disability (LTD), Short-Term Disability (STD), Cellphone Stipend, Paid Time Off (PTO), Paid Holidays, Paid Parking, Paid UFC Gym Membership and Team Member Travel Perks/Discounts.

Piatt Hotel Group is a full-service hotel and restaurant development and management company with five decades of experience encompassing an array of projects providing hospitality procurement, development and operation services.

Equal Opportunity Employer