City, State:
Denver, Colorado
Title: Area Revenue Manager
Location: Denver, Colorado
FLSA:
Status: Full-time
Reports to: Vice President of Revenue Management
Pay Range: $74,000-$94,000
About Us: We are visionaries in the hospitality industry, fueled by innovation and precision, and guided by our core values of being Dynamic, Deliberate, and Distinct. As a privately owned hotel management company, we are committed to providing experiences and opportunities for our guests to create lifelong memories through travel. Managing a portfolio of over 160 hotels across the United States, we offer extensive growth opportunities for our partners and investors, and exceptional hospitality career opportunities for our team members.
Job Summary: The Area Revenue Manager is responsible for implementing and managing the revenue strategy across a portfolio of hotels, optimizing rate implementation, inventory management, and distribution across all channels. This role supports the revenue management team in maximizing top-line revenue and meeting owner and partner expectations.
Essential Functions and Duties:
1. Maximize revenue across assigned hotels by implementing rates and restrictions through the brand’s RMS system.
2. Manage inventory allocation and pricing strategies to achieve overall revenue goals.
3. Validate and fine-tune RMS system recommendations and forecasts, reporting daily entries and analysis of system changes.
4. Support the Regional/Area Director of Revenue Management in executing revenue management strategies for hotels.
5. Work with brand managers to implement strategies and analyze marketing reports to drive revenue.
6. Maintain pricing and distribution strategies across the hotels’ PMS and extranet platforms.
7. Produce weekly and monthly financial forecasts for internal and ownership purposes.
8. Assist in pricing and yield decisions across all market segments based on the forecast.
9. Manage group blocks within the PMS, including pickups, cut-offs, attrition, and oversell strategies.
10. Oversee the rate loading process for all rate plans and regularly test bookings for accuracy.
11. Facilitate and attend weekly revenue meetings with hotel teams.
12. Produce routine reports for the Regional Director of Revenue Management and executive committee members for analysis.
Required Experience, Education, and Skills:
13. 3+ years of experience in hotel revenue management, with responsibilities for multiple properties preferred.
14. Strong knowledge of PMS, RMS, and hotel distribution channels.
15. Excellent analytical skills with the ability to interpret financial data and adjust strategies accordingly.
16. Experience in working with third-party market managers and optimizing distribution channels.
17. Strong communication and leadership skills to collaborate with various hotel teams and management.
18. Proficiency in Microsoft Office, especially Excel, for producing forecasts and reports.
19. Ability to work independently and handle multiple tasks in a fast-paced environment.
20. High attention to detail and strong organizational skills.
Work Environment:
21. Primarily a seated role, requiring frequent use of a computer and office equipment.
22. Must be able to lift and carry objects up to 20 lbs.
23. Flexible schedule, including availability for evenings, weekends, and holidays based on business needs.
24. Primarily indoor work, with regular interaction with hotel teams, management, and external partners.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the team member for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Equal Employment Opportunity:
Join us in creating extraordinary experiences and opportunities for our guests and team members.
Our company does not discriminate against its associates or applicants because of race, color, religion, sex, pregnancy, national origin, ancestry, age, marital status, sexual orientation, veteran status, physical or mental disability or medical condition. Equal employment opportunity will be extended to all persons in all aspects of the employer-associate relationships, including recruitment, hiring, advancement, compensation, benefits, training, promotion, transfer, discipline, layoff, recall and termination. Every reasonable accommodation will be made for disabled associates.
Resumes and applications for employment will be evaluated on the basis of qualifications to meet the requirements of the position and ability to perform the requirements of the position.