Regional Revenue Manager

Regional Revenue Manager job summary

We are seeking an analytical thinker to create innovative ways to exceed our revenue management objectives for multiple hotel properties. As the regional revenue manager, you will be responsible for developing pricing models, forecasting revenue goals, and implementing a revenue management plan to increase hotel growth and profitability. To keep our hotels competitive, you will need to evaluate and analyze our competitors’ pricing and operational strategies while also monitoring current industry trends. Our ideal candidate will have 2-3 years of previous revenue management experience or similar hotel operations role. Please apply now if you’re ready to be a key player in helping us grow!

Regional Revenue Manager responsibilities

• Optimize hotel revenue by evaluating performance goals, and put revenue management strategies in place to set profitable rates
• Conduct comparative market analyses and confirm corporate, group, and negotiated rates with hotels
• Evaluate previous weeks' revenue performance and develop strategies for upcoming weeks through regular yield management meetings
• Generate and update forecast estimates and pace reports for each property you oversee
• Check competitor operational strategy continuously, and review their pricing and availability

Regional Revenue Manager qualifications

• High school diploma or GED, and bachelor’s degree in business or related field preferred
• 2-3 years of successful experience in revenue management or hotel operations role, preferably overseeing multiple properties
• 3-5 years of experience in the hospitality field
• Exemplary analytical skills, math skills, and the ability to interpret data are vital
• Exceptional written and verbal communications skills are a must
• Computer proficiency including MS Office, Google Suite, and revenue management software needed

Regional Revenue Manager compensation

$76,924 (National Average)