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Now Hiring - Area Director of Revenue Management in Fort Worth, TX

Area Director of Revenue Management in Fort Worth, TX

Davidson Hospitality Group
Base Salary $70K - $100K
Total Comp: NA
Qualifications Years In Sales
Industry: Travel
Benefits: yes
Customer Size: all
Car Allowance: no
Sales Cycle: Short
Travel: none
Years Selling in Industry:
Education:
They Sell Hotels & Resorts
To Whom Hotels & Travel Accommodation
Location: Fort Worth, TX
3.9
Property Description:
The Kimpton Harper Hotel in Fort Worth, TX is a luxurious and contemporary boutique hotel that offers an exceptional opportunity for job applicants seeking a rewarding hospitality career. Located in the heart of a vibrant city, the Kimpton Harper Hotel is known for its modern accommodations, world-class amenities, and warm and welcoming atmosphere. As a team member, you will have the chance to work in a dynamic and inclusive environment, where your contributions are valued and recognized. The Kimpton Harper Hotel offers excellent opportunities for professional growth and advancement, with a supportive team culture that encourages creativity and innovation. Join us and be a part of a prestigious hospitality brand that is committed to delivering exceptional guest experiences, while providing you with a rewarding and fulfilling career in the hospitality industry. Come and join our team of dedicated professionals and make a meaningful impact on our guests' stay at the Kimpton Harper Hotel.
Overview:
Are you a highly analytical and strategic thinker with a passion for maximizing revenue and driving business growth? Join our team as an Area Director of Revenue Management and be at the forefront of optimizing revenue opportunities. As a Revenue Director, you will play a critical role in maximizing hotel revenue, implementing pricing strategies, and analyzing market trends to ensure our continued success.

Summary:
  • Develop and implement revenue management strategies to optimize hotel revenue and achieve financial targets
  • Conduct competitive market analysis to identify opportunities and recommend pricing strategies
  • Collaborate with sales and marketing teams to develop promotions and packages to drive revenue
  • Utilize revenue management systems and tools to analyze data and make informed pricing decisions
  • Monitor and forecast demand trends to effectively manage inventory and availability
  • Identify new revenue streams and business opportunities to drive profitability
  • Provide guidance and training to hotel staff on revenue management best practices
  • Stay updated on industry trends and competitor activities to maintain a competitive edge

Join our team and be part of an innovative and dynamic environment where your expertise in revenue management will make a significant impact. Apply now to become an Area Director of Revenue Managment and drive our success in achieving revenue goals.
Responsibilities:
Job Duties and Responsibilities:
  • Maximize room revenue, profit and market share associated with rooms.
  • Manage the processes associated with demand, revenue, forecasting, and opportunity analysis in addition to inventory management.
  • Continually train and develop Hotel/Regional Directors of Revenue Management to perform at a higher level.
  • Identifies future market trends and hotel opportunities and effectively communicates through reports and updates.
  • Coordinates and participates in Revenue Management meetings.
  • Ensures that a strategic mix of business and pricing strategies are set for each hotel based on market conditions to maximize revenue and profitability.
  • Continuous analysis of competitive sets, pricing positions, market conditions, seasonality and mix.
  • Define action plan if planned financial targets are not met.
  • Collaborate with key business partners to define annual promotion calendar and identify promotional key success indicators, as well as plan targets for next year.
  • Use all Yield Management and reporting tools available to maximize efforts.
  • Manage property participation and production through relevant Internet sites and other distribution channels.
  • Work in liaison with hotel sales and reservations departments.
  • Plan effectively within the revenue management function and integrate with Sales, Marketing, Finance and Operations.
  • Ensure that the Senior Leadership Team is kept up to date on accurate revenue forecasting and pricing strategies, as well as product and promotion performance.
  • Present Senior Leadership Team with pricing strategies and forecasted impacts.
  • Drive revenue through promotions and placement with distribution partners.
  • Ensure compliance with brand standards as well as SHG standards and procedures.
  • Utilize systems and resources including One Yield, MRDW, HPP, and CI/TY.
  • Review STR reports and provide analysis of hotel performance against their comp set.
  • Travel regularly to the hotels.
Qualifications:
Commitment to Task : Demonstrates dependability and shows a sense of urgency about getting results; willing to commit the hours it takes to get the job completed; takes responsibility for actions and achieves results; overcomes obstacles.
Communication Skills : Presents ideas, concepts, and information effectively and clearly through the spoken word; actively listens; communicates comfortably with various audiences; responds effectively to questions.
Flexibility : Adapts and changes course of action when appropriate; effectively transitions from task to task; deals well with unresolved situations, frequent change, delays, or unexpected events; maintains objectives amidst shifting priorities.
Initiative : Takes action proactively; addresses issues or opportunities without supervision; focuses on desired results and accomplishments; demonstrates clear purpose, enthusiasm, and a "can-do" attitude.
Managing Execution : Manages multiple projects and effectively prioritizes tasks, responsibilities, and goals; uses goals to guide actions and creates detailed action plans; organizes and schedules people and tasks; utilizes resources effectively to meet goals.
Teamwork : Works cooperatively with others to accomplish business goals and objectives; asks others for their ideas and opinions; supports team's decisions; contributes to the team's efforts.

  • Exceptional service and customer relations skills with ability to foster effective relationships with staff, management and clientele.
  • Excellent verbal and written communication skills and ability to communicate ideas and concepts.
  • Highly proficient in computers including, but not limited to Internet, Microsoft Office programs and hotel sales related programs.
  • Strong facilitation and presentation skills.
  • Bachelor's degree in hospitality, business, or a related field (preferred)
  • Previous experience in revenue management, preferably in the hotel or hospitality industry
  • Strong analytical and problem-solving skills
  • Proficiency in revenue management systems and tools
  • Excellent communication and interpersonal skills
  • Ability to work independently and collaborate with cross-functional teams
  • Detail-oriented with a focus on data accuracy
  • Knowledge of market trends and industry dynamics
Benefits:

Davidson Hospitality Group is an award-winning, full-service hospitality management company overseeing hotels, restaurants, dining and entertainment venues across the US. A trusted partner and preferred operator for Hilton, Hyatt, Kimpton, Marriott, and Margaritaville, Davidson offers a unique entrepreneurial management style and owners’ mentality that provides the individualized personal service of a small company, enhanced by the breadth and depth of skill and experience of a larger company. In keeping with the company’s heritage of delivering value, Davidson is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group.


In keeping with the company’s heritage of delivering value to its owners and team members, Davidson offers a rich benefit program with a variety of benefits designed to enrich the lives and well-being of our team members and their families.

  • Three Tiers of Medical Coverage
  • Dental & Vision Coverage
  • 24/7 Teledoc service
  • Free Maintenance Medications
  • Pet Insurance
  • Hotel Discounts
  • Tuition Reimbursement
  • Paid Time Off (vacation, sick, bereavement, and Holidays).
  • 401K Match

Working at Davidson is like nowhere else. It’s less of a job, more of a calling. It’s part career, part revolution. Because whatever you do here, you play a part in helping redefine the way quality hospitality is delivered to our guests, our clients, our partners, and each other.

EOE AA- Minorities/Females/Vet/Disability/Gender Identity/Sexual Orientation

Davidson Hospitality is a drug free workplace. Pre-employment drug test and background check required. We participate in E-Verify.

Davidson Hospitality Group
Company Size
5001 to 10000 Employees
Founded
1974
They Sell
Hotels & Resorts
To Whom
Hotels & Travel Accommodation
Revenue
$1 to $5 billion (USD)


Davidson Hospitality Group is currently hiring for 16 sales positions
Davidson Hospitality Group has openings in: OH, TX, CA, RI, FL, IN, TN, AR, WA, & MN
The average salary at Davidson Hospitality Group is:

16 Yes (amount not posted)

Davidson Hospitality Group
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Davidson Hospitality Group

Davidson Hospitality Group is currently hiring for 16 sales positions
Davidson Hospitality Group has openings in: OH, TX, CA, RI, FL, IN, TN, AR, WA, & MN
The average salary at Davidson Hospitality Group is:

16 Yes (amount not posted)