Hotel Revenue Manager

Sheraton Baltimore North • Remote (MD, United States) • $200k - $250k / year • 3w ago

The Sheraton Baltimore North has an exciting opportunity to join our team as our Revenue Manager. The primary responsibility of the Revenue Manager is to optimize hotel revenue by effectively managing daily room inventory and pricing across all market segments.

Responsibilities:

Produce and maintain forecast estimates and pace reports
Check competitor strategy continuously and review their pricing and availability
Hold regular yield management meetings to evaluate past revenue performance and set strategies for future weeks.
Utilize market intelligence tools and articulate demand shifts to the revenue team
Manage hotel revenue growth, set performance goals, and implement revenue management plans to drive profitability for the asset
Understand and provide analysis on the hotel’s optimal mix of sales and proactively activate strategies to continue market share success against the competition
Provide necessary analysis and reporting for the hotel management team, corporate office team, and for ownership review meetings
Complete weekly day-by-day 30-60-90 rooms forecast for the hotel
Complete the annual day-by-day room budget for the hotel
Enter STR data each week

Qualifications:

Must have 2-3 years of experience in revenue management role with Marriott Brands
OneYield certified, experience with CI/TY, Lightspeed, and Marsha
Strong analytical skills and the ability to interpret data
Experience with computer programs such as MS Office, Google Suite, and revenue management software
Preferred experience with Amadeus Demand360, Agency360, Lighthouse Rate insight and BI

#J-18808-Ljbffr