Complex Director of Revenue Management

Employment Type

: Full-Time

Industry

: Hospitality - Lodging/Resort/Travel



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As the only Five-Diamond property in New York City’s SoHo neighborhood, the 46-story, 391-room hotel offers guests unsurpassed accommodations and sweeping views of Manhattan and the Hudson River. With paramount service, spacious accommodations, a world-class spa, outdoor pool, three food & beverage venues, and banquet and event space, The Dominick joins only two other premier hotels in New York City in Preferred Hotels & Resorts’ prestigious Legend Collection.

The Dominick is seeking a Complex Director of Revenue Management to join our team!


Position Overview :

The Complex Director of Revenue Management is responsible for maximizing total top line revenue, profits and market penetration through proper management of inventories and public space and thorough analytical, technical and market knowledge at The Dominick and our sister property, The Redbury Hotel in New York City. In addition, the Complex Director of Revenue Management explores and provides variations in the market mix which would stimulate additional revenue without increasing costs. The job holder also establishes hotel pricing levels in all segments and is responsible for the daily room inventory management process.

Responsibilities:

1. Collaborates with hotel sales and hotel management to establish and implement pricing, yield, and selling strategies for the hotel, based on market factors and company guidelines;

2. Monitors competitor strategies and data;

3. Maintains understanding of the dynamics of the local market and demand generators and present appropriate action plans to management;

4. Monitors and communicates fluctuations in occupancy to operational departments so they can effectively manage staffing requirements and increase efficiency.

5. Manages the daily operations of the Reservations Department including hiring, training and implementing SOPs.

Qualifications:

1. Bachelor's degree in Hotel Administration, Business Administration and 4 plus years hotel management experience.

2. An MBA degree and previous Revenue Management or pricing experience is preferred.

3. Demonstrated knowledge of effective hotel pricing concepts, yield management optimization and selling strategies.

4. Demonstrated ability to determine which concepts to apply in given market conditions.

5. Excellent verbal and written communication skills including computer literacy

We are an equal opportunity employer.


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