Hotel Director of Revenue Job at Marvin Love and Associates, Chicago, IL

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  • Marvin Love and Associates
  • Chicago, IL

Job Description

Marvin Love and Associates is seeking a passionate and results-driven Director of Revenue for a full-service Marriott Hotel, located in Alabama, to join our dynamic team in the hospitality industry. As a Revenue Manager, you will play a critical role in maximizing revenue opportunities through effective pricing strategies, forecasting, and inventory management. Your primary focus will be on optimizing room revenue, enhancing guest satisfaction, and driving overall profitability. The ideal candidate will possess strong analytical skills, a deep understanding of market trends, and the ability to make data-driven decisions. You will collaborate closely with various departments, including sales, marketing, and operations, to develop and implement pricing strategies that reflect market conditions and competitive landscape. By leveraging your expertise in revenue management systems and tools, you will analyze performance metrics and develop reports to guide decision-making processes. This position offers an exciting opportunity to impact the hotel’s financial performance while working within a renowned organization known for its commitment to excellence in hospitality. If you are a strategic thinker with a passion for revenue optimization and guest experience, we encourage you to apply and join us in creating memorable stays for our guests.

Responsibilities

  • Develop and implement effective revenue management strategies to maximize hotel revenue.
  • Analyze market trends and competitor pricing to inform pricing decisions and strategies.
  • Monitor and manage room inventory and pricing across all channels to optimize revenue.
  • Forecast demand accurately based on historical data, market conditions, and upcoming events.
  • Work closely with the sales and marketing teams to design promotional packages and pricing structures.
  • Prepare and present regular revenue reports and performance metrics to senior management.
  • Train and mentor hotel staff on revenue management principles and best practices.

Requirements

  • Bachelor's degree in Hospitality Management, Business Administration, or a related field.
  • Proven experience in a revenue management or similar role within the hospitality industry.
  • Strong analytical skills with the ability to interpret complex data sets and market trends.
  • Familiarity with revenue management systems and tools (e.g., Opera, IDeaS, or similar software).
  • Excellent communication and interpersonal skills to effectively collaborate with team members and stakeholders.
  • Strong problem-solving skills and attention to detail.
  • Ability to work in a fast-paced environment and manage multiple priorities effectively.

Benefits

  • Retirement Plan (401k, IRA)
  • Health Care Plan (Medical, Dental & Vision)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
    • Target 100k
    • Open to hybrid arrangement with 2-3 days per week on property
    • 10k guaranteed bonus after 1 year OR 10k in relocation if 100% on property
    • Eligible for standard bonus plan
  • Training & Development

Job Tags

Holiday work, Full time, Relocation, 2 days per week, 3 days per week,

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