Hotel Revenue & Pricing Strategist

Hei Hotels Inc.; Los Angeles (CA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Vacation and holidays

Pet insurance

Life insurance

Disability insurance

401(k) with company match

Hotel discounts

Job summary

HEI Hotels and Resorts at Hotel Per La, Autograph Collection in downtown Los Angeles, seeks a Revenue Manager to optimize room and catering revenue. You will partner with the General Manager, Director of Sales, and Front Office Manager to implement pricing, inventory, and distribution strategies across channels.

You will forecast demand, analyze competitors, participate in budgeting, and lead weekly revenue strategy meetings to increase RevPAR and market share.

Qualifications

• Bachelor's degree in Hotel Administration, Business, Statistics, Marketing, Finance or a relevant field of work preferred.
• Two years revenue management experience required.
• In-depth understanding of tools - spreadsheets, statistical methods for analyzing data.
• Strong analytical skills.
• Ability to identify relevant data and use it to draw inferences with reference to impact on hotels revenues.
• Knowledge of hotel operations, including marketing plans, security and safety programs, personnel and labor relations, preparation of business plans, repairs, maintenance, budget forecasting, quality assurance programs, hospitality law, and long-range planning.
• Ability to use PMS, reservation, and revenue management systems to forecast and implement optimal strategies.

Responsibilities

• Update and manage selling strategies and product information in all distribution channels and reservation sources.
• Optimize RevPAR by analyzing and forecasting demand and establishing effective selling strategies, oversell strategies, and optimal market mix.
• Work with GM, DOSM and hotel team to increase revenue of Rooms and Catering.
• Contribute to budgeting, business planning, and annual revenue targets for F&B.
• Generate and distribute revenue reports and monitor market trends.

Skills

Revenue management

Forecasting

Data analysis

PMS systems

Pricing strategy

Education

Bachelor's degree in Hotel Administration / Business / Statistics / Marketing / Finance

Tools

PMS

Reservation systems

Excel

Revenue management systems

Job description

HEI Hotels and Resorts at Hotel Per La, Autograph Collection in downtown Los Angeles, seeks a Revenue Manager to optimize room and catering revenue. You will partner with the General Manager, Director of Sales, and Front Office Manager to implement pricing, inventory, and distribution strategies across channels.

You will forecast demand, analyze competitors, participate in budgeting, and lead weekly revenue strategy meetings to increase RevPAR and market share.