Regional Revenue Manager - Home Base
Today’s Best Western has been on a journey of incredible transformation, elevating our brand image, improving the guest experience and enhancing our organizational culture. Today, this culture of modernization and innovation is embraced by our more than 1,000 corporate employees, many of whom have stayed with Best Western for 10, 20, even 30+ years. We are proud to have created a work atmosphere that provides an exciting, fun and rewarding place to work every day.
Acts as primary property revenue manager for a portfolio of Best Western Hotels. Provides revenue management services directly to assigned properties with 60% of their annual goal surrounding the hotels performance increasing year over year. Tasked with driving RevPAR Index % CHG for each hotel using a variety of proven Revenue Management tactics. .
Essential Job Results
Acts as primary consultant for a portfolio of hotels on pricing strategy, rate strategy and yield management. Identify and develop revenue opportunities and perform competitive market analyses on a weekly basis. Consult with hotels on corporate, group and negotiated rates.
Practical advanced knowledge in conducting weekly yield management meetings to identify the success of prior week and the price/inventory strategies for future weeks. Collaborates with hotel representatives each week and then implements the agreed upon strategy in hotel PM system and a variety of BW or External systems.
Practical advanced knowledge to create and maintain demand forecasts and pace reports for each property.
Must have functional working knowledge of up to 5 property management systems in order to modify and conduct all rate changes daily/weekly on behalf of the assigned hotels. Must have working functional knowledge of standard industry tools including Smith Travel Research reports.
- Minimum 5 years’ experience as a property, regional or corporate level revenue manager.
- Preferred multi-property experience.
- Bachelor’s Degree in Hospitality Management, Business, Marketing or related field, or equivalent experience.
- A Certified Hotel Revenue Manager (CHRM) or Certified Revenue Management Executive (CRME) certification or the ability to acquire either certification within one year.
- Ability to effectively communicate.
- Strong analytical skills.
- Strong public speaking/communication skills.
- Attention to detail.
- Ability to work from home uninterrupted.
- Self-starter with excellent work ethic, salesmanship, interpersonal, and communications skills. Adaptable in rapidly changing business. Excellent multitasking skills.
- Strong technical skills with Microsoft Office.
- Receives tactical direction on duties, service standards and goals.
- Exerts a positive impact on revenue generation.
- Uses indirect influence to promote compliance with programs, standards and policies.
- Conveys sense of purpose and motivates others to accomplish goals.
- Basic competition and industry knowledge.
- Well rounded professional know-how to meet technical standards.
- Deals with concepts and complexity comfortably.
- Convinces others to accept new concepts and approaches.
- Resolves defined problems and probes known sources for answers.
- Makes sound and productive decisions based on analysis, experience and judgment.
- Up to 25% travel required.
- Passport may be required
All your information will be kept confidential according to EEO guidelines.
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Job Status: Full Time
Job Reference #: 743999696803660