Director of Revenue Management

Saved job description

Why us?

Sage Hospitality Group is seeking a  Director of Revenue Management to join their renowned team overseeing the The Nines, A Luxury Collection Hotel . The perfect candidate is passionate about service and creating exceptional experiences for each guest! 

Poised in the heart of the city center, within the walls of the stately Meier & Frank Building one of Portland's most beloved landmarks, the Nines honors the structure’s storied past, both in its striking decor and impeccable service. Individualistic design traits celebrate the surroundings of one of finest LEED Silver-certified hotels in Portland, providing the opportunity to truly experience the region's unique character.

As part of Sage Hospitality Group, we passionately strive to be the best and create excellence in everything we do. We believe in enriching lives one experience at a time. More than a slogan, we empower our employees to make positive impacts on the communities in which we live and work. By providing genuine service we build relationships with our guests and value for our shareholders, and we create unforgettable experiences.

We are looking for independent thinkers. Those who harness their entrepreneurial spirit so that it breaks preconceived notions. We’re not afraid to forge our own path. After all, it’s what industry leaders do. That’s why we welcome risk takers and creative spirits alike. No matter your daily role, Sage recognizes that your success is about more than the work you do—it’s really about who you are, which is why we invest in your personal and professional growth. We hope you consider joining us!

Job Overview

The Director of Revenue Management is responsible for the maximization of revenue, profit, and market share associated with rooms and function spaces. Demonstrates excellent leadership skills by educating others and ensures understanding and gains buy-in of the revenue management processes associated with demand, revenue, forecasting, opportunity analysis, and inventory management. Works with hotel leaders to recommend and identify future markets, hotel opportunities, guide hotels sales strategy and pricing for transient, group, and catering.

Responsibilities

Maximizes revenue, profit, and market share associated with rooms and function space of assigned hotels.

Partners with GM and Sales Leaders’ to ensure a strategic mix of business and pricing strategies are set based on market conditions to achieve sell out efficiency, targeted marketing, maximized revenue, profitability and Annual Budget/Business Plans are aligned.

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.

Continuous analysis of competitive set, 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 room’s 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.

Direct Reports Where Applicable: Group Coordinator, Reservations Sales Agents, Inventory Manager or Sales Reporting & System Analyst.

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

Physical Demands

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Ability to discern/resolve employee complaints, issues and participation in meetings for feedback.

Ability to review preparation of all documentation - applications, write-ups, reviews.

Sitting 85%, Walking 5%, Standing 5%, bending, kneeling, lifting, climbing 5%

Travel – 30-50% travel to hotel properties required.

Environment

Prolonged sitting throughout entire shift at computerized workstation in office environment.

Benefits

The Nines offers perks that are comparable to progressive employers. 

Unlimited time off per Sage policy and manager approval 

Medical, Vision, Dental and Retirement Benefits: 

Eligible to enroll in medical insurance with employer covering up to 70% of premiums with wellness credit 

Eligible to enroll in dental insurance with employer contribution towards premiums & vision insurance 

Eligible to participate in the Company’s 401(k) program with up to 4% employer match, meeting safe harbor requirements and no vesting period 

Eligible to enroll in Health Savings Accounts (HSA) with qualifying medical plans and receive up to $1000 company contribution 

Eligible to enroll in Health, Dependent and Commuter Flexible Spending Accounts (FSA) 

Company paid Basic Life and AD&D insurance coverage, with option to enroll in supplemental coverage 

Eligible to enroll for short-term and long-term disability insurance coverage 

Eligible to purchase Pet Insurance, Accidental Insurance, Critical Insurance and Hospital Indemnity Insurance 

WINFertility guidance for those enrolled in Sage medical plan 

Other Benefits: 

All associates can enjoy our complimentary cafeteria 

$50 TriMet monthly subsidy or parking stipend 

Calm Health Application Subscription 

Employee assistance program 

Paid time off for vacation, sick time, and holidays 

Tuition Reimbursement of up to $2,000 per calendar year 

Great discounts on Hotels, Restaurants, and much more 

Eligible to participate in the Employee Referral Bonus Program. Up to $1,000 per referral 

Bold. Bright. Caring. Energetic. Driven. Strategic. Daring. To deliver the type of outstanding experience we aim to provide our guests, we need remarkable individuals who are passionate and committed to making a difference. If this sounds like you, then explore the career positions at Sage Hospitality that await you. 

Salary

USD $145,000.00 - USD $155,000.00 /Yr.