Description
JOB SUMMARY
Leads Revenue Analysis Managers in executing analysis activities focusing on revenue profit and demand associated with hotel(s) rooms and space inventory in a given market or cluster. Develops and / or uses analytical tools and systems to maximize revenues and profit. Position is accountable for preparing forecasts budgets and projections. Position contributes to sales strategy evaluates effectiveness and prepares historical and future analysis of revenue and profit opportunities. Serves as a demand expert to the Director / Manager of Group Strategy and Director / Manager of Inventory Management.
CANDIDATE PROFILE
Education and Experience
2-year degree from an accredited university in Business Administration Finance and Accounting Economics Hotel and Restaurant Management or related major; 4 years experience in the revenue management sales and marketing or related professional area.
OR
4-year bachelors degree from an accredited university in Business Administration Finance and Accounting Economics Hotel and Restaurant Management or related major; 2 years experience in the revenue management sales and marketing or related professional area.
CORE WORK ACTIVITIES
Analyzing and Reporting Revenue Management Data
Compiles information analyzes and monitors actual sales against projected sales.
Identifies the underlying principles reasons or facts of information by breaking down information or data into separate parts.
Analyzes information and evaluates results to choose the best solution and solve problems.
Uses computers and computer systems (including hardware and software) to program write software set up functions enter data or process information.
Generates and provides accurate and timely results in the form of reports presentations etc.
Provides revenue analysis functional expertise and leadership to general managers property leadership teams and market sales leaders.
Extracts and analyzes data in order to draw viable / actionable business conclusions.
Prepares forecasts of revenue profit demand and occupancy for rooms and function space 3-month and 6 month long range and budget.
Prepares revenue and profit opportunity analysis.
Managing Revenue Management Projects and Strategy
Utilizes interpersonal and communication skills to lead influence and encourage others; advocates sound financial / business decision making; demonstrates honesty / integrity; leads by example.
Updates market knowledge and aligns strategies and approaches accordingly.
Achieves and exceeds goals including performance goals budget goals team goals etc.
Attends meetings to plan organize prioritize coordinate and manage activities and solutions.
Establishes long-range objectives and specifies the strategies and actions to achieve them.
Takes a predetermined strategy and drives the execution of that strategy.
Demonstrates knowledge of job-relevant issues products systems and processes.
Understands and meets the needs of key stakeholders (owners corporate guests etc.).
Explores opportunities that drive profit create value for clients and encourage innovation; challenges existing processes / systems / products to make improvements.
Prepares sales strategy critique.
Prepares budgets for transient group and catering.
Manages all revenue profit and demand data associated with rooms and function space.
Provides recommendations to improve effectiveness of revenue analysis processes.
Communicates brand initiatives demand and market analysis to hotels / clusters / franchise partners / owners.
Promotes and protects brand equity.
Participates in quarterly regional reviews.
Contributes to development of hotel sales goals pricing and selling strategy and customer information.
Building Successful Relationships
Develops and manages internal key stakeholder relationships.
Provides targeted and timely communication of results achievements and challenges to the stakeholders.
Managing and Conducting Human Resources Activities
Interviews and hires employees with the appropriate skills to meet the business needs of the unit.
Develops implements and maintains a departmental orientation program for employees to receive the appropriate new hire training to successfully perform their job.
Utilizes all available on the job training tools for employees.
Communicates performance expectations in accordance with job descriptions for each position and monitors progress.
Conducts employee performance appraisals according to Standard Operating Procedures.
Administers bonus and incentive programs.
Establishes and maintains open collaborative relationships with employees and ensures employees do the same within the team.
Solicits feedback utilizes an open door policy and reviews employee satisfaction results to identify and address employee problems and concerns.
Manages employee progressive discipline procedures for areas of responsibility.
Ensures regular on-going communication is happening in all areas of responsibility to create awareness of business objectives and communicate expectations recognize performance and produce desired business results.
Additional Responsibilities
Informs and / or updates the executives the peers and the subordinates on relevant information in a timely manner.
At Marriott International we are dedicated to being an equal opportunity employer welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and greatest strength lies in the rich blend of culture talent and experiences of our associates. We are committed to non-discrimination on any protected basis including disability veteran status or other basis protected by applicable law.
Required Experience :
Director
Key Skills
Crisis Management,Marketing,Public Relations,Fundraising,Media Relations,Constant Contact,Strategic Planning,Social Media Management,Team Management,Public Speaking,Wordpress,Writing Skills
Employment Type : Full-Time
Department / Functional Area : Revenue Management
Experience : years
Vacancy : 1
Director Of Revenue • Bal Harbour, Florida, USA