Area Director of Revenue Management at Hersha Hospitality Management LP

OverviewOpportunity: Area Director of Revenue ManagementDevelop room sales and distribution strategies and coordinate revenue management processes and procedures maximizing revenue for a group of hotels.Your Growth PathRegional Director of Revenue Management Vice President of Revenue ManagementYour FocusesControl room rates and availability in accordance with established guidelines to maximize occupancy and revenues.Develop communicate and implement sales strategies mix of business channel management pricing strategies as well as reservations systems and related policiesPrepare for and conduct weekly Revenue Management meetings involving rate and inventory strategies transient/group pace competitive business analysis and financial forecasts.Initiate short and long term revenue forecasts and generate weekly and monthly critiques identifying areas of opportunity and strategies to improve revenue and overall profitabilityMeasure and analyze booking trends pickup no shows and sources of businessManage produce and monitor rate strategy tiers booking pace by Market Segment GDS inventory and monthly resultsWork with the different departments to ensure similar goals and implement action plans to achieve optimum revenue managementEstablish and maintain meaningful external and internal relationshipsInterview select train schedule coach and support associates ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values.Practice safe work habits wear protective safety equipment and follow MSDS and OSHA standards.Perform other duties as requested by management.Your Background and SkillsCollege Degree Preferred.At least 2 years of experience in the Revenue Management discipline.Marriott experience is required.DMV market experience is required.HHM Hotels Benefits and PerksMedical Dental and Vision Health InsurancePaid Time Off401k Company MatchFree Basic Life InsuranceTravel DiscountsCommuter Transit and Commuter Parking BenefitsQuarterly Bonuses and IncentivesTechnology ReimbursementsEmployee Assistance and Wellness ProgramEducational/Professional DevelopmentRemote or Hybrid Work OptionsWork Environment and ContextWhile this is a remote opportunity the ideal candidate must be based or have prior DMV market experience.Required to sit for extended periods lift up to 10 pounds bend reach use hands and fingers to operate keyboard.Requires occasional to moderate travel.What We BelievePeople Are Our Capability Hearts That Serve Only Excellence Stay Nimble - Own ItAbout Us HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race color gender gender identity sexual orientation marital status pregnancy national origin ancestry age religion disability veteran status genetic information citizenship status or any other group protected by law.To see other opportunities at this location click here.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 Experience: years Vacancy: 1