Night Revenue Manager - Real Hospitality Group - Corporate NYC 39697 https://rhgcorp.snaphire.com/job?jobmc=39697GOOGLE https://rhgcorp.snaphire.com/job?jobmc=39697GOOGLE
Careers at Real Hospitality Group Real Hospitality Group https://www.realhospitalitygroup.com/ https://rhgcorp.snaphire.com/20161003-rhg-rebrand/images/rhg-logo.jpg
Salary:
YEAR USD
USD

Location: Real Hospitality Group - Corporate NYC 14 Wall Street New York NY 10005 USA

Type of employment : FULL_TIME

Industry: Hotel Management, Hospitality
Department: Corporate
Career Level: Management (supervisor)
Work Hours: Full-time

Date Posted: 14 Nov 2018

Valid Through: 31 Dec 2018

REPORTS TO:  Director of Revenue Management

SUPERVISES DIRECTLY:  All Revenue Analysts and Reservation Managers for Assigned Hotels.

Purpose for the Position:  To assume full responsibility of implementing the revenue strategy set forth by RHG for multi- units in assigned region. The position is responsible for the tactical daily revenue management practice of rate promotion and inventory controls and distribution throughout all distribution channels

Essential Responsibilities:

To support the Director of Revenue Management (DoRM) and assigned hotel leadership teams to ensure the improvement of annual RevPAR penetration of several hotels with multiple brands in various sub-markets by:

  1. Maximizes revenue of assigned hotels through a thorough knowledge of the PMS/RMS system and understanding of all booking channels. Manages inventory allocation and price parameters positioned to achieve overall revenue goals.
  2. Configuration of RMS and rate inventory control systems; system recommendation and forecast validation, and daily report entry and analysis to produce and implement changes in the system.
  3. Support DoRM in the execution of hotels RM strategy.
  4. Work with brand managers to effectively implement strategy and analyze key brand and property specific marketing reports to make successful decisions to increase revenue.
  5. Maintain the hotels pricing and distribution strategy within the hotels PMS and extranet platforms.
  6. Produce the daily internal and weekly financial/ownership forecasts.
  7. Assist the DoRM with pricing and yield decisions across all market segments based on the forecast.
  8. Maintain the hotels RMS to ensure it is maximizing revenue potential on all compression dates into the future.
  9. Assist the DoRM during the annual RFP season in account analysis and pricing decisions.
  10. Assist the DoRM during the annual business plan process.
  11. Manage the group quoting process using both manual ROI analysis and RMS decision support.
  12. Manage group blocks within the PMS for pickup/ cut- offs/ attrition/ wash etc.
  13. Maintain a concise room type oversell/ sell- through strategy for all future dates.
  14. Manage the rate loading process for all rate plans within all systems, and continuously "test book" the property for accuracy.
  15. Attend the hotels weekly revenue meeting, and facilitate when necessary.
  16. Produce routine reports for the DoRM and executive committee members for analysis.

To do this kind of work, you must be able to:

  • Read and interpret business records and statistical reports, including but not limited to Star Reports, Rate Shop reports, Segmentation reports, Forecasts, System Reservation System Reporting tools and area demand generators.
  • Use mathematical skills to interpret financial information and prepare forecasts.
  • Analyze and abide by company policies and brand procedures.
  • Make business decisions based on production reports and similar facts as well as on your knowledge and experiences in the market.
  • See differences in widths and lengths of lines such as those on graphs.
  • Deal with the general public, customers, associates, union and government officials with tact and courtesy.
  • Plan and organize the work of others.
  • Change activity frequently and cope with interruptions
  • Speak and write clearly.
  • Accept full responsibility for managing an activity.
  • Complete all assigned tasks, reports, projects etc. in a professional manner and on an on-time basis
  • Be available for work evenings, weekends, and holidays.

Physical Demands:  Lifting 20 lbs. Maximum with frequent lifting and/or carrying of objects weighing up to 10 lbs.  Requires walking or standing to a significant degree, reaching, handling, feeling, talking, hearing.

Environmental Conditions:  Inside:  Protection from weather conditions but not necessarily from temperature changes.  A job is considered "inside" if the worker spends approximately 75% or more of the time inside.

Math Skills:  Requires mathematical development sufficient to be able to:  Deal with system of real numbers; algebraic solution of equations; and probability and statistical inference.  Apply fractions, percentages, ratio and proportion.

Language Skills:  Must have developed language skills to the point to be able to:  Read newspapers, periodicals, journals, and manuals.  Write business letters, summaries and reports using prescribed format and conforming to all rules of punctuation, grammar, diction and style.  Participate in discussions and debates.  Speak extemporaneously on a variety of subjects.

Relationships to Data, People, and Things:

Data:  Coordinating:  Determining time, place, and sequence of operations or action to be taken on the basis of analysis of data; executing determination and/or reporting on events.

People:  Supervising:  Determining or interpreting work procedures for a group of workers, assigning specific duties to them, maintaining harmonious relations among them and promoting efficiency.  A variety of responsibilities are involved in this function.

Things:  Handling:  Using body members, hand tools, and/or special devices to work, move, or carry objects or materials.  Involves little or no latitude for judgment with regard to attainment of standards or in selecting appropriate tools, objects or materials.

Specific Vocational Preparation:  Formalized and vocational training must include: 3 years of prior hotel front office and/or reservations office experience in a leadership position.  2 years of revenue management responsibilities in a large property or multiple smaller properties.  3 years experience reading and analyzing Market Vision and STAR Reporting.

Night Revenue Manager - Real Hospitality Group - Corporate NYC

REPORTS TO:  Director of Revenue Management

SUPERVISES DIRECTLY:  All Revenue Analysts and Reservation Managers for Assigned Hotels.

Purpose for the Position:  To assume full responsibility of implementing the revenue strategy set forth by RHG for multi- units in assigned region. The position is responsible for the tactical daily revenue management practice of rate promotion and inventory controls and distribution throughout all distribution channels

Essential Responsibilities:

To support the Director of Revenue Management (DoRM) and assigned hotel leadership teams to ensure the improvement of annual RevPAR penetration of several hotels with multiple brands in various sub-markets by:

  1. Maximizes revenue of assigned hotels through a thorough knowledge of the PMS/RMS system and understanding of all booking channels. Manages inventory allocation and price parameters positioned to achieve overall revenue goals.
  2. Configuration of RMS and rate inventory control systems; system recommendation and forecast validation, and daily report entry and analysis to produce and implement changes in the system.
  3. Support DoRM in the execution of hotels RM strategy.
  4. Work with brand managers to effectively implement strategy and analyze key brand and property specific marketing reports to make successful decisions to increase revenue.
  5. Maintain the hotels pricing and distribution strategy within the hotels PMS and extranet platforms.
  6. Produce the daily internal and weekly financial/ownership forecasts.
  7. Assist the DoRM with pricing and yield decisions across all market segments based on the forecast.
  8. Maintain the hotels RMS to ensure it is maximizing revenue potential on all compression dates into the future.
  9. Assist the DoRM during the annual RFP season in account analysis and pricing decisions.
  10. Assist the DoRM during the annual business plan process.
  11. Manage the group quoting process using both manual ROI analysis and RMS decision support.
  12. Manage group blocks within the PMS for pickup/ cut- offs/ attrition/ wash etc.
  13. Maintain a concise room type oversell/ sell- through strategy for all future dates.
  14. Manage the rate loading process for all rate plans within all systems, and continuously "test book" the property for accuracy.
  15. Attend the hotels weekly revenue meeting, and facilitate when necessary.
  16. Produce routine reports for the DoRM and executive committee members for analysis.

To do this kind of work, you must be able to:

  • Read and interpret business records and statistical reports, including but not limited to Star Reports, Rate Shop reports, Segmentation reports, Forecasts, System Reservation System Reporting tools and area demand generators.
  • Use mathematical skills to interpret financial information and prepare forecasts.
  • Analyze and abide by company policies and brand procedures.
  • Make business decisions based on production reports and similar facts as well as on your knowledge and experiences in the market.
  • See differences in widths and lengths of lines such as those on graphs.
  • Deal with the general public, customers, associates, union and government officials with tact and courtesy.
  • Plan and organize the work of others.
  • Change activity frequently and cope with interruptions
  • Speak and write clearly.
  • Accept full responsibility for managing an activity.
  • Complete all assigned tasks, reports, projects etc. in a professional manner and on an on-time basis
  • Be available for work evenings, weekends, and holidays.

Physical Demands:  Lifting 20 lbs. Maximum with frequent lifting and/or carrying of objects weighing up to 10 lbs.  Requires walking or standing to a significant degree, reaching, handling, feeling, talking, hearing.

Environmental Conditions:  Inside:  Protection from weather conditions but not necessarily from temperature changes.  A job is considered "inside" if the worker spends approximately 75% or more of the time inside.

Math Skills:  Requires mathematical development sufficient to be able to:  Deal with system of real numbers; algebraic solution of equations; and probability and statistical inference.  Apply fractions, percentages, ratio and proportion.

Language Skills:  Must have developed language skills to the point to be able to:  Read newspapers, periodicals, journals, and manuals.  Write business letters, summaries and reports using prescribed format and conforming to all rules of punctuation, grammar, diction and style.  Participate in discussions and debates.  Speak extemporaneously on a variety of subjects.

Relationships to Data, People, and Things:

Data:  Coordinating:  Determining time, place, and sequence of operations or action to be taken on the basis of analysis of data; executing determination and/or reporting on events.

People:  Supervising:  Determining or interpreting work procedures for a group of workers, assigning specific duties to them, maintaining harmonious relations among them and promoting efficiency.  A variety of responsibilities are involved in this function.

Things:  Handling:  Using body members, hand tools, and/or special devices to work, move, or carry objects or materials.  Involves little or no latitude for judgment with regard to attainment of standards or in selecting appropriate tools, objects or materials.

Specific Vocational Preparation:  Formalized and vocational training must include: 3 years of prior hotel front office and/or reservations office experience in a leadership position.  2 years of revenue management responsibilities in a large property or multiple smaller properties.  3 years experience reading and analyzing Market Vision and STAR Reporting.

Job Details

Reference # 39697
Posted on 14 Nov 2018
Closes on 31 Dec 2018
Location(s) Real Hospitality Group - Corporate NYC
Department Corporate
Career level Management (supervisor)
Hours/Status Full-time
More details (document)
Link for schema : https://rhgcorp.snaphire.com/jobdetails?jobmc=39697GOOGLE