United States
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Industry : Hotels & Resorts
Department : General Management
Location : Miami, United States
Level : Director
Posted : 02 Dec 2024
Job Role : Revenue Management
Recruiter : Hyatt Hotels
Job Ref : HOZ53253
Employment Type: Permanent
Job Type :
Validate Through : 2025-05-18
Salary Description: Competetive Salary Offered
Description
At Hyatt, we believe our guests select Hyatt because of our caring and attentive associates who are focused on providing excellent service and meaningful experiences.
Andaz Miami Beach is now recruiting a Director of Revenue Management to join the hotel's opening team. An art-deco building and architectural landmark is home to the newest luxury lifestyle hotel located in the heart of Mid-beach. Opening in early 2025, the property boasts 287 guestrooms including 34 breathtaking suites and the ONLY Ocean-view arrival experience in Miami Beach. The design features elements of texture, art, and pops of color that create a unique and captivating experience. Each suite is designed with floor-to-ceiling windows, most with deep-soaking tubs, and cozy reading nooks. Guests can also enjoy private outdoor terraces with stunning views of the Atlantic and the Miami skyline. Unmatched amenities include a full-service spa, a well-equipped fitness center, a destination dining experience by José Andrés, two pools, and a Beach Club catering to the who's who of Miami. Spanning 25,000 square feet of innovative indoor and outdoor event space, Andaz Miami Beach will become a landing spot for guests and locals seeking celebratory gatherings that embrace the city's culture of music, art, and fashion.
Position Summary
The Director of Revenue Manager is responsible for maximizing overall hotel revenue for rooms and food and beverage through the implementation of effective pricing and distribution strategies in at Andaz Miami Beach.
Out-perform direct competitors by winning market share with rational and competitive pricing, distribution strategy backed by targeted marketing, and careful management hotel inventory to maximize topline revenue and yield high net profits. Manage and oversee revenue management analytic functions to produce reporting that support and evaluate hotel business strategies.
The Director of Revenue Management will also provide guidance and support sales and marketing initiatives that are targeted to meet the needs of the hotel. Produce accurate revenue forecasts that help set hotel goals and outgrow the competition. Display leadership qualities that mentor, develop, and guide hotel team members such as revenue analysts and operations managers.
Position Responsibilities/ Essential Functions
• Analyze short and long term forecasting, analyze trends in group inventories & rates to include occupancy, goals, product line and strategic sales goals.
• Analyze and monitor marketing channels, key and other account production. Ensure that all major channels of distribution effectively support the hotel and maintain rate parity.
• Conduct a weekly strategy meeting to evaluate pricing strategies and availability control.
• Update all channels of distribution as needed with rate or inventory restrictions.
• Receive all definite and tentative group bookings and provide the General Manager with qualified analysis of how each booking will impact occupancy, average rate and rooms profit over the dates in question.
• Work with each department to develop property-specific strategies to ensure positive growth.
• Establish appropriate goals and benchmarks to effectively measure performance.
• Monitor and analyze the competition weekly through competitive shops, internet, news reports to identify selling strategies and emerging trends.
• Explore and provide variations in the market mix, which would stimulate additional revenue without increasing costs.
• Work on all Revenue Management projects as requested e.g. implementing formal End of Month reporting process at each hotel, providing roll up reporting for corporate users and the brand team, etc.
• Develop and implement succession planning for Revenue Management talent.
• Lead, hire, train and coach Reservations agents and Reservation manager.
• Perform other related tasks as required.
Qualifications
____Rishi__772__
Mumbai, India
Awesome hotel !!