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Revenue Manager

HHM Hotels (NYC Corporate)
Posted a month ago, valid for 22 days
Location

New York, NY 10008, US

Salary

$80,000 - $90,000 per year

Contract type

Full Time

Health Insurance
Paid Time Off
Life Insurance
Employee Assistance
Wellness Program

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Sonic Summary

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  • The position of Revenue Manager focuses on maximizing room revenue and yield penetration through effective management of room inventories and analytics.
  • Candidates should have a college degree in a related discipline and/or prior revenue management experience, with a focus on controlling room rates and occupancy.
  • The role involves developing and implementing sales strategies, conducting revenue forecasts, and analyzing booking trends to enhance profitability.
  • The salary for this position is competitive and commensurate with experience, although specific figures are not mentioned in the overview.
  • HHM Hotels offers a comprehensive benefits package including health insurance, paid time off, and a 401k company match.

Overview

Opportunity: Revenue Manager

HHM Hotels is seeking an experienced Revenue Manager to lead revenue strategy for a cluster of independent hotels in the New York City market. Based in our New York Corporate Office, the role is responsible for developing and executing room sales, pricing, and distribution strategies while coordinating revenue management processes to maximize profitability across multiple properties.

 

Your Growth Path 

Area Director – Regional Director – VP Revenue Management

 

Your Focuses

  • Control room rates and availability in accordance with established guidelines to maximize occupancy and revenues.
  • Develop, communicate and implement sales strategies, mix of business, channel management, pricing strategies, as well as reservations systems and related policies.
  • Initiate short and long term revenue forecasts and generate weekly and monthly critiques, identifying areas of opportunity and strategies to improve revenue and overall profitability.
  • Measure and analyze booking trends, pickup, no shows, and sources of business.
  • Manage, produce and monitor rate strategy tiers, booking pace by Market Segment, GDS, inventory and monthly results.
  • Work with the different departments to ensure similar goals, and implement action plans to achieve optimum revenue management.
  • Communicate with hotel functional leaders to establish a collaborative approach to revenue management.
  • Establish and maintain meaningful external and internal relationships
  • Practice safe work habits.
  • Perform other duties as requested by management.

Your Background and Skills

  • College Degree in related discipline and/or prior revenue management experience.
  • At least 3 years of experience in the Revenue Management discipline, in a similar area or clustered position. 
  • Independent hotel experience is required. 

HHM Benefits and Perks

  • Medical, Dental and Vision Health Insurance
  • Paid Time Off
  • 401k Company Match
  • Free Basic Life Insurance
  • 24/7 access to TELUS Health, a confidential work-life resource.
  • Travel Discounts
  • Employee Assistance and Wellness Program
  • Educational/Professional Development
  • Referral Bonus Program

Work Environment and Context

  • Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.

What We Believe

People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It

 

 

About Us

 

HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

 

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