Revenue Strategy Manager

MGM Resorts International

Las Vegas (NV)

On-site

USD 120,000 - 180,000

Full time

3 days ago
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Benefits offered by this job

Wellness incentive programs
Hotel, food & beverage discounts
Free parking
Health & income protection
Professional development opportunities

Job summary

MGM Resorts International is seeking a Revenue Strategy Manager to lead a portion of high-level revenue strategy and target setting, driving REVPAR and profit across properties. You will collaborate with a world-class Revenue Management Strategy team to analyze customer and competitive intelligence and align pricing with corporate objectives.

The ideal candidate has a Bachelor’s degree in a related field and 3+ years in Revenue Management or hospitality, with advanced Excel, Power BI, and SAS

Qualifications

  • Bachelor's Degree in Business Management, Finance, or related fields.
  • 3+ years of experience in Revenue Management or related field.
  • Hospitality industry experience preferred.
  • Strong knowledge of Microsoft Excel & Excel VBA.
  • Experience using visual analytics software, preferably Microsoft Power BI.
  • Experience using SAS Enterprise Guide.
  • Bilingual, English preferred.
  • Proven track record of driving business performance.
  • Leadership experience preferred.
  • Experience in a resort setting preferred.

Responsibilities

  • Drive analysis to help determine optimal business mix for MGM Resorts.
  • Recommend cross-property revenue strategies to Executives.
  • Implement best practices to improve efficiency in Revenue Management.
  • Develop high-level strategic plan to achieve REVPAR and profit targets.
  • Mentor, coach, and develop team; plan staff development and succession.
  • Collaborate with corporate groups and stakeholders to align pricing strategies.

Skills

Analytical skills
Leadership experience
Communication
Problem solving
Strategic thinking

Education

Bachelor's Degree in Business Management, Finance, or related fields

Tools

Microsoft Excel
Excel VBA
Power BI
SAS Enterprise Guide

Job description

Revenue Strategy Manager### Revenue Strategy ManagerApply: Office - US, Las Vegas, NV 3260 Sammy Davis Jr: Full time: Posted Yesterday: 280644Las Vegas, Nevada**The SHOW comes alive at MGM Resorts International**Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.**THE JOB:**The Manager of Revenue Management Strategy collaborates with the team to lead a portion of high-level revenue strategy & target setting, driving the highest possible REVPAR and profit. This Manager will be a member of a world class Revenue Management Strategy team. Additional responsibilities include driving analysis to determine the optimal business mix, support development of a plan to achieve targets, and ensure this strategy and pricing is aligned across MGMRI. This individual may also drive customer and competitive intelligence, including benchmarking of comparable properties and researching customer statements to assess relative brand value. **THE DAY-TO-DAY:*** Drive analysis to help determine the optimal mix of business for MGMRI.* Recommend cross property YRM strategies to Executive Director and Vice President to achieve alignment across the enterprise.* Implement best practices to drive efficiency within the YRM department.* Support development a high-level strategic plan to achieve REVPAR and profit targets.* Communicate revenue strategy and performance to other corporate groups.* Gather and analyze customer and competitive intelligence such as pricing and brand value.* Drive and assure effective execution of various profit improvement initiatives.* Network externally to seek innovation.* Provide mentorship, problem resolution, and coaching to team, and create culture enabling development of high performing individuals. Instill importance of development plans and develop succession plans for future team growth. Plan, schedule, and manage the staff to promote efficiency in completing their job responsibilities.* Create and maintain a work environment that promotes client service, teamwork, performance feedback, individual recognition, mutual respect, and employee satisfaction ensuring quality hiring, training, and succession planning processes that encompass the company’s diversity commitment.* Perform other job-related duties as requested. **THE IDEAL CANDIDATE:*** Have a Bachelor's Degree in Business Management, Finance, or related fields, or equivalent education and experience* Has 3+ Years of prior relevant experience in Revenue Management or related field* Experience in hospitality industry and/or operations - Preferred* Strong knowledge of Microsoft Excel &Microsoft Excel VBA - Preferred* Experience using visual analytics software, preferably Microsoft Power BI - Preferred* Experience using SAS Enterprise Guide - Preferred* Bilingual, English as the primary or secondary language - Preferred* Proven track record of driving business performance - Preferred* Previous experience leading teams - Preferred* Previous experience working in a similar resort setting - Preferred **THE PERKS & BENEFITS:*** Wellness incentive programs to help you stay healthy physically and mentally* Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more* Free parking on and off shift* Health & Income Protection benefits (for eligible employees)* Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community **VIEW JOB DESCRIPTION:**https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19398Are you ready to **JOIN THE SHOW**? Apply today!
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