Hotel Revenue Optimization Leader
4 days ago
About Us
Fairmont Chicago, Millennium Park is a luxurious hotel located in the heart of Chicago's vibrant downtown area. Our hotel offers stunning views of Millennium Park and the city skyline, making it an ideal destination for both business and leisure travelers.
About the Role
We are seeking a highly skilled Hotel Revenue Optimization Leader to join our team. As a key member of our revenue management department, you will be responsible for developing and implementing strategies to maximize room revenue contribution through effective pricing, promotions, and availability management. Your expertise will help drive incremental profit growth for Rooms, Restaurants, Spas, and other revenue streams.
Main Responsibilities
- Lead strategic planning and collaborate with all hotel profit generation teams to identify opportunities to drive incremental profit.
- Effectively communicate a compelling Total Hotel Profit Optimization vision to all relevant property leaders, fostering a Revenue Management Culture within the revenue generating departments of the hotel.
- Leverage Revenue Management analytics, technologies, processes, tools, and training programs to optimize hotel profits.
- Create short- and long-term forecasts that yield the best decisions on pricing and yielding tactics.
- Participate in the annual budget process and produce long-term projections, as required.
- Actively participate in ownership conversations and presentations.
- Monitor relevant economic, market, and competitive set indicators to derive insight-led profit generation strategies.
- Chair and prepare materials for the weekly Revenue Management Meetings, following Brand guidelines.
Key Skills and Qualifications
- Minimum 2 years of Revenue Management Experience within 450+ room hotel with significant meeting space.
- Strong communication skills, both verbal and written.
- Dynamic can-do attitude.
- Strong analytical skills and attention to detail.
- Presents a professional and polished appearance.
- Effectively deals with guests and other team members.
- Previous reservation experience highly preferred.
- Experience with Ideas G3 RMS, Opera PMS, Passkey, Delphi or Opera Sales and Catering preferred.
Benefits
- Competitive salary range: $80,000 - $120,000 per year.
- Opportunities for career advancement and professional growth.
- Collaborative and dynamic work environment.
- Access to industry-leading technology and training programs.
- Recognition and rewards for outstanding performance.
Why Work for Accor?
Accor Hotels is a global leader in the hospitality industry, with a portfolio of world-class brands and properties. We offer a unique opportunity to work with talented individuals from diverse backgrounds and industries. Join our team and discover a world of possibilities.
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