Regional Revenue Manager

Extended Stay America; Charlotte (NC); Remote; USD 65,000 - 112,000; Full time

Job summary

A leading company in hospitality is seeking a Regional Revenue Manager to oversee revenue management practices across multiple hotels. The role involves maximizing profitability, preparing detailed reports, and ensuring alignment with corporate revenue strategies. Candidates should have a solid background in revenue management and strong analytical skills, alongside a bachelor's degree in a related field.

Benefits

Medical Insurance

401(k) Savings Plan

Paid Time Off

Employee Assistance Program (EAP)

Health Care and Dependent Care Flexible Spending Accounts

Qualifications

• Minimum three years of experience as a multi-unit Director of Revenue Management or equivalent.
• Superior analytical, writing, and presentation skills are necessary.
• Must have a sound knowledge of Revenue Management and its practices.

Responsibilities

• Maximizing the region's revenues by monitoring transient and group production.
• Preparing Daily, Weekly, and Monthly Reports.
• Assisting in developing budgets and analyzing trends that impact revenues.

Skills

Analytical Skills

Interpersonal Skills

Revenue Management Knowledge

Financial Statements Knowledge

Excel Proficiency

Education

B.S./B.A. in Business, Hotel Management, or Statistics

Tools

Hotel Property Management Systems

Job description

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Directly accountable for maximizing the revenues of the hotels within their region. The position is integral to the success of each hotel's revenue management system. The position will play a lead role in the development and implementation of each hotel's yield strategies. Position is fully remote.

REPORTING LINE

Directly to Senior Director of Revenue Management. Position will interact with Regional Director of Operations, Regional Director of Sales, VP of Sales, EVP of Operations, and other members of ESA's management team as required.

PRIMARY RESPONSIBILITIES

The Regional Revenue Manager is responsible for:

* Ensuring that the Region's revenue management practices are consistent with ESA's policies and procedures, as defined by ESA's Corporate Revenue Team. The above mentioned includes utilizing the ESA Tool Kit;

* Preparing Daily, Weekly, and Monthly Reports;

* Maintaining the region's Revenue Management knowledge base;

* Monitoring/managing ESA's Revenue Management System;

* Maximizing the Region's revenues by monitoring transient and group production, ensuring that an optimal guest mix is maintained;

* Evaluating group booking requests to ensure that the Hotels are not displacing higher yielding revenue;

* Implementing all changes/recommendations with assistance from the Hotels' Revenue Team;

* Critically analyzing the impact of the revenue management strategies implemented by the Revenue Team;

* Ensuring that the Hotels' position in the GDS and other distribution channels is consistent with the Hotels' Selling Strategies, includes conducting rate and availability audits;

* Ensuring that all rate plans are built in accordance with established guidelines;

* Assisting the GMs, RDO, SDR, and EVP in analyzing events/trends that may impact a Hotel's/Region's revenues;

* Assisting in the development of the Hotels' budgets;

* Conducting research that assesses the revenue management practices of the Hotels' primary competitors to ensure that opportunities to enhance the Hotels' revenues are not overlooked;

* Reporting to the Hotels' Revenue Teams on a weekly basis concerning the current and future state of the Hotels' revenue management system and providing periodic updates with reference to primary research activities and ongoing initiatives;

* Forecasting within acceptable tolerance levels;

* Serving as an informational resource for the Hotels' Property Management Team,

* Preparing for and conducting the region's weekly Revenue Team Meeting and attending the region's Group Pipeline Meetings;

* Assisting in developing, training, and providing guidance to ESA's Revenue Analyst(s);

* Working collaborative with ESA's Revenue Management Team;

* Attending all company sponsored Revenue Management related training programs;

* Participating in ESA Revenue Management conference calls.

PRIMARY GOALS

* Meeting and exceeding budgeted revenues, ensuring that the Hotels' RevPAR indexes are maintained or enhanced;

* Maintaining the integrity of the Hotels' yield chain;

BENEFITS

• Medical Insurance
• Vision Insurance
• Health Care and Dependent Care Flexible Spending Accounts
• Employer Paid Basic Life and AD&D Insurance
• Employer Paid Long Term Disability
• Optional Employee Paid - Voluntary Benefits
• Short-Term Disability
• Buy-Up Long-Term Disability
• Supplemental Life Insurance
• 401(k) Savings Plan
• Paid Time Off
• Employee Assistance Program (EAP)

JOB REQUIREMENTS

Education: B.S./B.A. Business, Hotel Management, or Statistics preferred

Experience: Minimum three years of experience as a multi-unit Director of Revenue Management or equivalent.

Other: Must possess superior analytical and interpersonal skills; sound knowledge of the discipline of Revenue Management; in-depth knowledge of reservations and sales and marketing, including the Global Distribution Network; working knowledge of hotel financial statements; and excellent writing/presentation skills. Incumbent must also be proficient in the use of a hotel specific Property Management Systems. Must be highly proficient with Excel.

Compensation

Pay Ranges

Pay range information for the position you are applying for is below. Disclaimer: Compensation may vary based on role, level, experience, length of time in a position, and location. Candidates are not guaranteed to be at the high or low end of the compensation ranges presented. The Company complies with applicable federal, state, and local minimum wage requirements.

Pay ranges for the following states only:

California: $70,000 - $75,000

New Jersey: $70,000 - $75,000

Washington: $77,969 - $80,000

Whitestone, NY: $83,000 - $88,000

ESA Management, LLC is an Equal Opportunity Employer. It is the policy of ESA Management, LLC to treat applicants and associates in all aspects of the employment relationship without regard to race, color, religion, creed, sex, pregnancy, age (as defined under applicable law), national origin or ancestry, disability status, veteran status, genetic information or any other characteristic protected by federal, state or local laws.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management

• Industries

  Hospitality

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