Revenue Manager - Elysee New York Hotel
On-siteNew York City, New York, United States or New York, United States
Job Summary
Manage resort revenue yields by establishing pricing and selling strategies for transient, group, and wholesale segments. Build rate plans in the Property Management System and ensure rate parity across all distribution channels. Analyze demand to forecast occupancy, ADR, and RevPar, while optimizing inventory restrictions and identifying opportunities to increase revenue. Generate daily, weekly, and monthly reports for the Yield Committee, presenting competitive analysis and budget progress. Assist in preparing the Monthly Forecast, yearly Budget, and Marketing Plan, and address business process shortfalls to improve execution.
Required Qualifications
- One-year certificate from college or technical school
- Three to six months related experience
- Training
- Equivalent combination of education and experience
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
- Ability to write reports, business correspondence, and procedure manuals
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
- Ability to work with mathematical concepts such as probability and statistical interference
- Ability to calculate figures, and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
- Ability to understand departmental budget and work within those guidelines
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
- Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
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