Director of Revenue Management

Hyatt - Pittsburgh, PA

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Hyatt Hotel Properties

Hyatt Regency Pittsburgh International Airport

1111 Airport BoulevardPO Box 12420 Pittsburgh PA 15231

Posted: Nov 12, 2019

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Summary

Job overview

The Director of Revenue Management provides oversight of all revenue functions for assigned hotel.

  • Develops, implements, communicates, analyzes, measures and adjusts strategies to achieve top line revenue goals in conjunction with the company’s vision and standards.
  • Directs hotel revenue team and develops action steps to improve REVPAR performance.
  • Executes and oversees hotel strategies to ensure STAR index gains that meet Company objectives.
  • Reviews and recommends rooms and catering strategies including pricing, inventory, and channel management, in order to achieve budgeted revenue and maximize market share.
  • Ensures proper mix of business through the use of market data, historical information, inventory controls and pricing strategies.
  • Review and approve displacement analyses with property revenue team.
  • Develop and implement property-specific action plans as necessary to address performance deficiencies.
  • Maintain keen awareness and oversight of online real estate through updated and effective e-commerce/revenue initiatives.
The ideal candidate for this position
  • Education and Experience: Two or Four-Year degree in hotel management, business, or related major. Requires advanced knowledge of hospitality revenue principles and practices. Five or more years of related experience.
    Knowledge of Hyatt systems and process preferred.
  • This position requires a substantial and successful track record in profitable revenue management while maintaining integrity and professional bearing.
  • Possess knowledge of accounting and budgeting along with the ability to compile facts/figures and analyze information that involves data manipulation or interpretation to arrive at logical conclusions.
  • Ability to anticipate and identify issues and exercise initiative to investigate, interpret and weigh alternatives to reach logical conclusions and make sound business decisions.
  • Display consistent professional leadership while simultaneously handling competing and changing priorities and projects.
  • Remain positive, resourceful and possess the ability to improvise while working in a fast-paced environment, sometimes under pressure.
  • The ability to effectively and efficiently schedule, manage and delegate work.
  • Appropriately and effectively interview, hire, motivate, develop, monitor and address staff performance matters.
  • Possess excellent listening, verbal and written communication skills with professionalism, diplomacy and confidentiality.
  • Computer proficiency in Microsoft office along with the ability to travel when needed. Must satisfy and comply with the legal requirements for employment within the jurisdiction.

This position is at a location where Hyatt is not the employer. The employer of individuals working at this hotel may be a third-party management company that is responsible for all employment benefits and obligations at this location.

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