Hotel Revenue Director (Remote)

This is a full time, remote and permanent role as per the US Central timezone

Job Summary:

As a Remote Hotel Revenue Director, you will be responsible for maximizing revenue and profitability for our hotel/resort properties through strategic pricing, inventory management, and data analysis. You will leverage industry insights and market trends to optimize room rates, distribution channels, and revenue streams.

Responsibilities:

• Develop and implement revenue management strategies to optimize pricing, occupancy, and RevPAR (Revenue per Available Room) for the hotel portfolio.
• Monitor market demand, competitor pricing, and consumer behavior to identify revenue opportunities and threats.
• Analyze historical data, booking patterns, and demand forecasts to make data-driven decisions on pricing and inventory allocation.
• Manage room inventory and availability across distribution channels (OTAs, GDS, direct bookings, etc.) to maximize revenue and minimize distribution costs.
• Collaborate with sales, marketing, and reservations teams to develop promotional offers, packages, and campaigns that drive incremental revenue.
• Conduct regular revenue meetings with stakeholders to review performance metrics, discuss strategies, and adjust tactics as needed.
• Utilize revenue management software and tools to generate reports, perform analysis, and optimize pricing and distribution strategies.
• Monitor and evaluate the effectiveness of revenue management tactics, adjusting strategies as necessary to achieve financial goals.
• Stay informed about industry trends, best practices, and technological advancements in revenue management and hospitality.
• Provide training and support to hotel staff on revenue management concepts, tools, and processes.

Qualifications:

• Bachelor's degree in Hospitality Management, Business Administration, Finance, or related field. Master's degree preferred.
• Proven experience in hotel revenue management, with a track record of optimizing revenue and profitability.
• Strong analytical skills with proficiency in data analysis and revenue forecasting.
• Excellent understanding of pricing strategies, revenue optimization techniques, and distribution channels in the hospitality industry.
• Familiarity with revenue management systems (RMS), property management systems (PMS), and central reservation systems (CRS).
• Ability to communicate effectively with cross-functional teams and stakeholders at all levels.
• Detail-oriented with strong organizational and time management skills.
• Ability to work independently and remotely, with a proactive and results-driven mindset.

Benefits:

Competitive salary package.

Flexible remote work arrangements.