Director of Revenue Management Los Angeles, CA

Director of Revenue Management

Full Time • Los Angeles, CA

About our Company

We Make Hotels. Sydell Group builds and operates unique properties that are a reflection of their neighborhoods, a celebration of architecture and design, and a gathering place for visitors from near and far. Our hotels are collaborations among exceptional talent from the creative, culinary, and retail worlds, and our goal is to create travel experiences that offer inspiration and a sense of connection to our respective cities. Sydell Group's diverse portfolio of award-winning hotels include NoMad New York and Los Angeles; The LINE LA, DC and Austin; Freehand Miami, Chicago, LA and New York; The Ned, London and Park MGM, Las Vegas; as well as the forthcoming NoMad Las Vegas and NoMad London.

We are seeking a dynamic Director of Revenue Management to join our team.  A successful candidate will have a genuine passion for the hospitality industry and an entrepreneurial spirit.

Responsibilities

Responsible for the management and direction of the hotel's total room revenue while managing sales activities related to maximizing transient revenue.  Implement selling strategies and inventory restrictions that capture the optimal revenue producing business for the hotel.  Manage the Reservations Department, ensuring outstanding customer service reservation sales process effectiveness and enforcement of policies.

Essential Job Functions:

To maximize overall room revenue on a daily, weekly, month, quarterly and annual basis as well as direct yield strategies to achieve or exceed budgeted room revenue and marketing share penetration goals.

Prepare and analyze daily, weekly and monthly segmentation pace reports and set and implement a selling strategies based on pace and market conditions.

Manage the reservation sales Department staff ensuring that proper selling strategies and standard operation procedures are in place an adhered to.

Prepare agenda, and lead the weekly Revenue Management Strategy meeting, to included critiques, tracking, competitive analysis and future strategies for all market segments.

Collaborate with Marketing and Sales leaders on all matters relating to room revenue, and provide room revenue and occupancy forecasts for operational departments.

To assist in creating the Room Revenue Budget and Market penetration goals annually.

To perform other functions as required and directed.

 

JOB KNOWLEDGE AND REQUIREMENTS:

Bachelors Degree in Hospitality Management or related fields preferred, and prior experience as Director of Revenue required.

Knowledge of the Los Angeles hotel market.

Ability to work with mathematical concepts.  Ability to calculate and analyze trends and pace.  Ability to work with Excel spreadsheets.

Ability provide clear and concise date, analyze, instruction and guidance to both internal and external audiences as appropriate.

Proficient in Microsoft, Excel, Word and Power Point.

Detailed knowledge of GDS, CRS, and OTA platforms.

Due to the cyclical

 

Compensation & Benefits

We offer competitive wages and benefits while fostering a diverse and inclusive work experience.  

We thrive in being a diverse work environment. Consideration for employment will be based upon personal capabilities and qualifications without discrimination based on race, color, religion, sex, gender identity, age, national origin, disability, sexual orientation, or any other protected characteristic as established by law.

About our Brand

Designed in Collaboration with Sean Knibb, the LINE LA, originally built in 1964, embraces its mid-century bones and culturally rich neighborhood to create an inspiriting boutique hotel experience.  A place of community and gathering, the LINE LA's lobby welcomes travelers and neighbors alike.  Between locally crafted dishes, a shop locally-curated by art and design collective Poketo, and nightlife vibes designed by the Houston Brother, the LINE delivers a rich, layered, urban experience unlike any other in Los Angeles.

 


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Our Brand Offers:

Competitive Compensation
Employer Subsidized Medical, Dental and Vision Insurance
401(k) Plan with Employer Match
Life Insurance
Short-Term and Long Term Disability
Tuition Reimbursement
Discounts at all our Hotels and F&B Outlets
New Employee Referral Fees & many more exciting top secret employee perks!