Area Director of Revenue Strategy

Crescent Hotels & Resorts; Phoenix (AZ); On-site; USD 110,000 - 125,000; Full time

Benefits offered by this job

Possible operational bonus incentive

Exceptional benefit plan

401K matching program

Discounts with Crescent managed properties

Job summary

Crescent Hotels & Resorts is seeking an experienced Area Director of Revenue Strategy to join our dynamic team in Phoenix, Arizona. This strategic role entails collaborating with property operations and commercial teams to maximize revenue and profitability.

The ideal candidate will have extensive hotel revenue management experience, particularly with Marriott and Hilton systems, and possess exceptional analytical and leadership skills. A competitive salary, potential bonuses, and an exceptional benefits package are offered.

Qualifications

• Experience in managing revenue strategy for multiple properties or regions.
• Knowledge of industry regulations and revenue management principles.
• Strong project management skills.

Responsibilities

• Lead the development of revenue management strategies across properties.
• Conduct regular performance reviews of revenue management strategies.
• Collaborate with teams to drive revenue growth through marketing campaigns.

Skills

Proven experience in hotel revenue management

Expert in Hilton and Marriott revenue management systems

Strong analytical skills

Excellent communication skills

Leadership qualities

Education

Bachelor's degree in Hospitality Management or related field

Tools

Revenue management software

CRM systems

Job description

Crescent Corporate United States
10306 Eaton Pl
Fairfax, VA 22030, USA

Pay or shift range: $110,000 USD – $125,000 USD

Description

We are seeking an experienced and strategic-minded individual to join our team as an Area Director of Revenue Strategy. This role will collaborate closely with property operations and commercial teams to develop and implement comprehensive strategies aimed at maximizing revenue generation, market share, and profitability. The ideal candidate will possess strong leadership skills, exceptional analytical capabilities, and a deep understanding of revenue management principles and commercial strategy development.

This position will have a Marriott and Hilton brand focus.

We are committed to providing you with:

• Highly competitive annual salary of $110,000-$125,000 based on experience
• Possible operational bonus incentive
• An exceptional benefit plan for eligible associates & your family members
• 401K matching program for eligible associates
• Flexible scheduling to allow you to focus on what is important to you
• Discounts with our Crescent managed properties in North America for you & your family members

ESSENTIAL JOB FUNCTIONS

• Lead the development and implementation of revenue management and commercial strategy initiatives across multiple properties within the portfolio
• Conduct regular performance reviews and analysis of key performance indicators (KPIs) to assess the effectiveness of revenue management strategies and identify areas for improvement.
• Collaborate with property general managers, sales directors, and marketing managers to develop and execute integrated sales and marketing campaigns that drive revenue growth and enhance market position.
• Monitor market trends, competitor pricing, and demand factors to adjust pricing strategies and optimize revenue potential for each property.
• Analyze historical data, booking patterns, and demand forecasts to make informed decisions regarding pricing, inventory allocation, and distribution strategies.
• Utilize revenue management systems and tools to generate reports, track performance metrics, and identify opportunities for revenue optimization across the area.
• Develop and maintain strong relationships with online travel agencies (OTAs), global distribution systems (GDS), and other distribution partners to maximize visibility and reach for all properties.
• Collaborate with property teams to negotiate and manage contracts with group clients, corporate accounts, and other key revenue-generating accounts.
• Stay informed about emerging trends, industry developments, and technological advancements in revenue management and commercial strategy, and incorporate relevant insights into area-wide initiatives.

REQUIRED SKILLS/ABILITIES

• Proven experience in hotel revenue management and commercial strategy development, with a track record of success in a leadership or managerial role is required.
• Expert in Hilton and Marriott revenue management systems is required.
• Experience in managing revenue strategy for multiple properties or regions within a hotel or hospitality group is required.
• Strong analytical skills with the ability to interpret complex data, identify trends, and develop actionable insights and recommendations.
• Proficiency in revenue management software, commercial strategy tools, and customer relationship management (CRM) systems.
• Excellent communication, negotiation, and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels of the organization.
• Strategic thinking and problem-solving abilities, with a focus on driving revenue growth and achieving business objectives.
• Leadership qualities with the ability to inspire and motivate teams toward achieving common goals and objectives.
• Flexibility to adapt to changing market conditions and business priorities, and the willingness to take initiative and lead change initiatives.
• Knowledge of industry regulations, revenue management principles, and commercial strategy best practices.
• Previous experience working in a diverse and multicultural hospitality environment is preferred.
• Strong project management skills and the ability to execute complex initiatives within established timelines and budget constraints.
• Bachelor's degree in Hospitality Management, Business Administration, or related field. Advanced degree or professional certification in revenue management or commercial strategy is preferred.
• Ability to travel as needed.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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