Revenue Manager

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

## Revenue ManagerApply: On-Site: Hotel Per La, Autograph Collection - Los Angeles, CA: Full time: Posted Yesterday: JR120020**About Us**HEI Hotels and Resorts is proud to welcome the Hotel Per La, a Marriott Autograph Collection Hotel, located in the heart of downtown Los Angeles to our growing portfolio. As one of the standout hotels in Los Angeles, we are born in the business of friends and believe that the richness of life lies in simple, warm moments. We combine a community-focused spirit, thoughtful design, and a convenient location near the LA Convention Center. Our continued success is driven by our associates — the heart of every guest experience. Where people choose to work matters. In return for that choice, we are committed to providing competitive compensation and benefits, industry-leading tools and training, and a culture that empowers growth and excellence. Simply put, we honor the privilege of our associates choosing HEI by investing in them — ensuring they thrive, grow, and elevate every property we serve.Don't meet every single requirement of this job? At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization! We value U.S. military experience and invite all qualified military candidates to apply.**Compensation**Salary Range: $70,000.00 - $90,000.00 Annually### Tipped/Service Charge Eligible? No### Discretionary Performance Bonus Eligible? Yes**Overview**Optimize the hotel’s Room and Catering revenue by working closely with the General Manager, Director of Sales and Front Office Manager to implement strategies. Monitor all distribution channels to ensure effective selling through inventory management, market mix and pricing. Communicates demand patterns to revenue team and assists with forecasting. Helps set strategies leading to increased market share.### **Essential Duties and Responsibilities*** Update and manage selling strategies and product information in all available distribution channels and reservation sources (onsite, third-party reservation providers, call centers, websites, GDS, etc.). •Optimize RevPAR by analyzing and forecasting demand and establishing effective selling strategies, oversell strategies, and optimal market mix.* Work with the hotel General Manager, Director of Sales and hotel team to establish strategies to increase revenue of both Rooms and Catering. Work with the Regional Director of Revenue •Management in implementing Revenue Management programs and new initiatives at the hotel.* Conduct ongoing competitor price and product analyses to ensure proper rate positioning and product offering relative to competition. Actively participate in all pricing decisions for transient, group, and wholesale segments. Facilitate Weekly Sales and Revenue Strategy meetings.* Interview, hire, train, recommend performance evaluations, resolve problems, provide open communication, and recommend discipline and/or termination when appropriate.* Facilitate Daily and Weekly Sales and Revenue Strategy meetings.* Actively participate in budgeting and business planning for the Food and Beverage department including Catering, and any other revenue generating department.* Work with the hotel DOSM and hotel team to establish strategies to increase revenue of both rooms and catering.* Contribute to the financial success of the hotel via participation in annual budgeting and sales and marketing plan process.* Generate and distribute daily, weekly, and monthly revenue management reports and present results from all segments including internet channels.* Maintain historical statistical data from all distribution channels, in all market segments.* Continually monitor all pertinent travel related websites to ensure competitiveness in both availability and price.* Comply with attendance rules and be available to work on a regular basis.* Perform any other job-related duties as assigned.**Qualifications and Skills*** 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.* Effective verbal and written communication skills. Ability to adapt communication style to suit different audiences, such as effectively communicating with supervisors, coworkers, public etc.## **Benefits**HEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you! For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs through EyeMed. Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.### HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.