Hotel Revenue Manager — Growth & Optimization

First Hospitality, Inc.

Chicago (IL)

On-site

USD 90,000 - 120,000

Full time

4 days ago
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Benefits offered by this job

Insurance DAY 1
Paid time off DAY 1
Holiday pay DAY 1
401(k) after 30 days
Hotel discounts
Professional development

Job summary

First Hospitality, Inc. in Chicago seeks an Area Revenue Manager to drive revenue strategies across a portfolio of select-service hotels.

You will forecast, price, and optimize mix to maximize room revenue and market share, translating data into actionable tactics with hotel leadership and sales. We value proactive problem-solvers who collaborate in a fast-paced hospitality environment and leverage RMS, CRS, and PMS to deliver results.

Qualifications

  • 2+ years of hotel revenue management experience, preferably with world-wide brand (Hilton and IHG preferred).
  • 4-year degree in hotel administration, business, finance, or related field; or equivalent experience and education preferred.
  • Exceptional verbal and written communication skills, including electronic communication.
  • Advanced proficiency in Microsoft Office products.
  • Must be able to speak, read, and write in primary language used in the workplace.
  • 8+ hours per day sitting at desk/computer.
  • Manual dexterity and repetitive motions required throughout workday.
  • Ability to travel up to 10% of the time as needed or directed.

Responsibilities

  • Own all aspects of revenue management for multiple select-service properties.
  • Analyze and yield manage all revenue distribution systems (RMS, CRS & PMS).
  • Develop and implement pricing strategies for all segments/channels.
  • Facilitate strategy meetings, compile data, analyze trends, and implement tactics.
  • Provides ongoing feedback on strategies, market trends & addresses areas of opportunity.
  • Assist in developing the annual budget, forecast, and optimal mix for each hotel.
  • Proactively identifying industry, market, and economic trends data.
  • Conduct displacement analysis on an ad-hoc basis.
  • Engage in preventative measures to minimize problems; act to quickly resolve any issues or discrepancies that arise.
  • Maintain confidentiality of information.
  • Effectively communicate with hotel teams.
  • Always maintain professionalism consistent with company expectations.

Skills

Analytical thinking
Verbal and written communication
MS Office proficiency
Travel flexibility

Education

4-year degree in hotel administration, business, finance, or related field

Tools

RMS
CRS
PMS

Job description

First Hospitality, Inc. in Chicago seeks an Area Revenue Manager to drive revenue strategies across a portfolio of select-service hotels.

You will forecast, price, and optimize mix to maximize room revenue and market share, translating data into actionable tactics with hotel leadership and sales. We value proactive problem-solvers who collaborate in a fast-paced hospitality environment and leverage RMS, CRS, and PMS to deliver results.

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