Now Hiring - KALTHIA HOTEL MANAGEMENT, LLC. - Regional Director of Revenue Management in Las Vegas, NV

Full description of the position

Kalthia Group Hotels is expanding their Corporate team and seeking an experienced Director of Revenue Management to oversee multiple hotels within the portfolio. Responsibilities * The Director of Revenue Management is responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share * This includes the analysis of revenue potential generated by the transient and group market segments as well as the market segmentation within transient and group * One will combine this with catering and space utilization as well as other revenue considerations in order to determine the appropriate mix of business to achieve revenue potentials every day of every year * Establish hotels pricing levels in all segments * Responsible for the daily room inventory management process and daily pricing process * Monitor competitor rates, positioning, strategies and data; maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management * Monitor and communicate fluctuations in occupancy to operational departments so they can effectively manage staffing requirements and increase efficiency * Analyze local events and activities and project the effect of opportunities they create * Perform unconstrained demand analysis to determine optimal business mix * Responsible for all short and long term forecasts including Weekly Forecasts, 30 60 90 Forecasts, In the month forecasts, and Full year forecasts * Oversee process for evaluating all opportunities for contracted business (group, wholesale, corporate negotiated, etc.) presented through the Sales department * Ensure that process enables high speed of response while maximizing profits The Director of Revenue Management is responsible for identifying and maximizing all potential revenue opportunities for the hotels. In today's lodging environment, understanding channel and yield management is critical for maximizing revenues. This position is responsible for formulating long and short-term Revenue Management strategies and for overseeing their successful execution towards the advancement of RevPAR market share. This includes the analysis of revenue potential generated by the transient and group market segments as well as the market segmentation within transient and group. One will combine this with catering and space utilization as well as other revenue considerations in order to determine the appropriate mix of business to achieve revenue potentials every day of every year. Establish hotels pricing levels in all segments. Responsible for the daily room inventory management process and daily pricing process. Monitor competitor rates, positioning, strategies and data; maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management. Monitor and communicate fluctuations in occupancy to operational departments so they can effectively manage staffing requirements and increase efficiency. Analyze local events and activities and project the effect of opportunities they create. Perform unconstrained demand analysis to determine optimal business mix. Responsible for all short and long term forecasts including Weekly Forecasts, 30 60 90 Forecasts, In the month forecasts, and Full year forecasts. Oversee process for evaluating all opportunities for contracted business (group, wholesale, corporate negotiated, etc.) presented through the Sales department. Ensure that process enables high speed of response while maximizing profits. * We offer an excellent travel discount program. * Opportunity to grow, we promote from within Job Type: Full-time Pay: From $85,000.00 per year Benefits: * Employee discount Schedule: * Day shift * Monday to Friday * On call * Weekends as needed Ability to Commute: * Las Vegas, NV 89119 (Preferred) Ability to Relocate: * Las Vegas, NV 89119: Relocate before starting work (Required) Willingness to travel: * 50% (Required) Work Location: Hybrid remote in Las Vegas, NV 89119