Regional Revenue Manager
Job Description

Regional Revenue Manager Job Description

Regional Revenue Manager Job Overview

The regional revenue manager is in charge of setting and implementing pricing strategies for multiple hotel properties in a given area. Responsibilities include analyzing the competition’s pricing and market dynamics, implementing promotions and discounts, managing room types and rate plans, and collaborating with other hotel departments to achieve revenue and occupancy targets. This role requires collaboration and interpersonal skills to align each individual hotel with a shared revenue management strategy.

Regional Revenue Manager Job Template

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!

Location

Ashburn, VA

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)

Industry Tested

203 hotel managers have hired successfully with this template on WizeHire.

High Quality

This template attracts 30% more quality candidates at 1/10 of the average cost per hire.

DISC Optimized

This template has been written for the ideal regional revenue manager's personality type.

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