Regional Revenue Manager

CN Hotels
High Point, NC

Posted 12 days ago

CN Hotels is looking for an energetic and motivated individual to join our current Revenue Management team as the Regional Revenue Manager for a portfolio of transient and leisure hotels.

Health Insurance allowance, performance based bonuses, hotel discounts

The Revenue Manager is responsible for the maximization of revenue, profit and assisting the hotel sales and management team gain market share. The individual should have excellent leadership skills and have an understanding of the revenue management processes associated with demand, revenue, forecasting and inventory management. The Revenue Manager works with hotel leadership and sales teams to identify hotel opportunities, future market trends and assist the sales team with strategy and pricing.

Responsibilities

  • Maximizes revenue, profit, and market share associated with rooms 
  • Partners with GM and Sales Leaders to ensure a strategic mix of business and pricing strategies 
  • Effectively works with people, creating teamwork, taking charge, generating enthusiasm, motivating and using an uplifting and lead-by-example leadership approach.
  • Ensure sales training is provided to Front Office and Reservation associates to help maximize revenue.
  • Continuous analysis of competitive set, market knowledge, price positioning, seasonality and mix.
  • Use all Yield Management tools available to maximize efforts. 
  • Develop appropriate selling strategies to include recommendations on rate, arrival patterns, length of stay, and discount rate availability.
  • Manage property participation and production through relevant Internet sites and other distribution channels (CRO, GDS, ADS, and Travel Agency Consortiums).
  • Build/maintain relationships w/OTA Market Managers and ensure best representation on 3rd party web sites.
  • Develop monthly rooms revenue forecast to be accurate within 5%.
  • Review analysis of Online Reputation management tool and online marketing analytics.
  • Perform special projects and other responsibilities as assigned. Participate in task forces and committees as requested.

Qualifications

Education/Formal Training

Four year degree preferred.

Experience

3-5 years of Revenue Management experience required. Multi-property experience preferred, but not required.

Knowledge/Skills

  • Excellent knowledge of transient, group, and catering customer segments.
  • Excellent personal management skills; time management, meeting deadlines, effective communication and presentations skills.
  • Excellent understanding of total hotel revenue management concepts, processes, and systems.
  • Understands both Brand strategies and cultures.
  • Knowledge of advanced revenue management techniques.
  • Must be extremely confidential and able to manage sensitive and confidential situations tactfully.
  • Negotiate, convince, sell and influence professionals and or associates.
  • Ability to work under pressure and have the ability to complete multiple tasks simultaneously.
  • Excellent reading and effective writing abilities for completing paperwork and management reports, giving and receiving instructions, review and preparation of all documentation and training
  • Excellent mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances

Compensation: 70000 - 85000 based on experience

CN Hotels

CN Hotels Inc. thrives on passion towards hospitality. Founded in the spirit of mutual support, family values, and the desire to serve others, the company encourages communication between management and associates and an environment that is professional, reliable, and friendly.

If the hospitality industry is your interest too, please join our CN Hotels Management team.

Address 711 Gallimore Dairy Road, High Point, NC 27265
Property Type Corporate Headquarters
# Properties 28
# Jobs 2
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