Revenue Manager
Company: Level Hotel and Furnished Suites
Location: Bellevue
Posted on: March 12, 2023
|
|
|
Job Description:
The primary purpose of the Revenue Manager is to monitor group
and transient business thresholds within the five-year forecast to
ensure measurable improvements for demand and availability. Supply
critical analysis on the effect of short-range decisions affecting
occupancy, average rate and room profit goals. Analysis of city
events and activities and to project the effect of opportunities
they create.
About the company:
For over half a century, Onni has been building communities for
people to live, work, and play. Our success reflects our commitment
to our employees and partners, and our dedication to quality
construction, innovation, sustainability, and customer
satisfaction. Our expertise expands across North America, with
offices in Vancouver, Toronto, Los Angeles, Seattle, Phoenix, and
Chicago.
CORE FOCUS & ESSENTIAL RESPONSIBILITIES
Qualified candidates must be able to satisfactorily complete the
following responsibilities. Other duties may be assigned.
-Daily review and implementation of room accommodation and rate
inventory controls in OPERA and IDEAS. Includes weekly
implementation of roll-in controls
-Ensure group inventory and cut-off dates are managed according to
demand
-Implement all blackout dates in IDEAS and review monthly to
determine if adjustments are needed
-Maintain accurate demand information in RMS
-Work with Front Office Manager to ensure that sellout strategies
are in place, and that OPERA is balanced daily
-Develop, monitor, and adjust sales and pricing strategies for both
nightly and extended stay segments
-Develop annual transient pricing. Ensure pricing is consistent in
all distribution channels (IDEAS, GDS, Internet)
-Review and implement incentive programs in Front Office and
Reservations, with particular focus on need periods. Provide
critical analysis of strategies, room statistics and demand
factors
-Review end of month rooms statistics reports including Monthly
Revenue Management Reports, STR, Rolling report of operations, and
provide critical analysis on performance vs. forecasts and results
of implemented strategies
-Conduct displacement analysis of group business, as needed, to
determine impact potential business will have on REVPAR
-Review all tentative and definite group bookings, to ensure that
they support implemented strategies. Work with appropriate Sales
Department staff as needed (Director of Sales & Marketing, Group
Sales Manager, etc.)
-Complete weekly booking pace reports and analysis on pace,
recommending strategy changes when needed
-Analyze past and present trends and make recommendations for
future strategies
-Site competitive set and network with competitive set DRM's.
Maintain information on the various competitors' products and
services for both primary and stealth competitors and how their
products and service vary from the hotels
-Maintain historical data on events and performance on any
promotions during these demand-generating events
Perks & Benefits:
When you feel good, you do good. At Onni we put your health at the
forefront and give you the choice to select a benefits package that
best represents you. From no cost to $11, $44, or $103 per pay our
PPO, HSA and HMO have you covered. In addition, we offer:
-3 weeks PTO
-Annual education allowance of up to $1,000
-Referral program
-Commuter Support
-Residential housing discount after 1 year of continuous
employment
-Friends and family rates for our Hotel Properties throughout the
company
Keywords: Level Hotel and Furnished Suites, Bellevue , Revenue Manager, Executive , Bellevue, Washington
|
Click
here to apply!
|
