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MJ Employment Services, Inc.

Regional Revenue Manager - Remote

Posted 36 minutes ago
2-5 years experience
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AI Summary

The Regional Revenue Manager will develop and execute pricing, inventory, and distribution strategies to maximize hotel revenue and profitability. They will also lead revenue strategy meetings and collaborate with property leadership to implement data-driven performance improvements.

Essential Functions and Duties

  • Develop and execute pricing, inventory, segmentation, and distribution strategies to maximize revenue and profitability
  • Monitor booking pace, demand trends, competitive pricing, and market conditions to identify opportunities and risks
  • Optimize business mix across transient, group, corporate, negotiated, and other market segments
  • Conduct displacement, profitability, and performance analyses to support strategic decisions
  • Evaluate performance against budget, forecast, prior year, and competitive benchmarks
  • Analyze competitive performance, market share indexes (RGI, MPI, ARI), demand drivers, and booking trends
  • Develop accurate short- and long-term revenue forecasts, identify revenue risks and opportunities, and support annual budgeting and financial planning
  • Utilize STR/CoStar, brand reporting systems, and business intelligence platforms to support data-driven decisions
  • Optimize pricing, availability, and inventory across brand.com, OTAs, GDS, and direct booking channels
  • Monitor rate positioning, channel contribution, distribution costs, and promotional effectiveness
  • Collaborate with commercial teams to improve channel mix and maximize net revenue
  • Lead weekly revenue strategy meetings with assigned hotels
  • Partner with General Managers, Directors of Sales, and Operations teams to implement and measure revenue strategies
  • Provide guidance, training, and support on revenue management best practices
  • Communicate performance results, forecasts, opportunities, and strategic recommendations to property leadership, corporate leadership, and ownership
  • Support properties experiencing performance challenges, market-share declines, or leadership transitions
  • Maintain accurate and consistent revenue reporting, forecasts, dashboards, and performance analyses
  • Monitor key performance indicators, including occupancy, ADR, RevPAR, RGI, forecast accuracy, segment mix, and budget performance
  • Support revenue management technology initiatives, process improvements, and portfolio growth opportunities, and stay informed of industry trends and best practices
  • Perform various other duties as assigned to meet business objectives

 

Required Experience, Education, and Skills

  • Minimum of two (2) years of hotel revenue management experience preferred
  • Multi-property or portfolio-level revenue management experience strongly preferred
  • Experience with pricing, forecasting, inventory management, segmentation, and distribution strategies
  • Strong proficiency in Microsoft Excel, financial analysis, and hotel Revenue Management Systems (RMS)
  • Familiarity with STR/CoStar, Lighthouse, Kalibri, TravelClick, and applicable brand revenue platforms preferred
  • Experience working across multiple hotel brands is a plus
  • Strong analytical, strategic thinking, communication, and presentation skills
  • Ability to influence decisions, collaborate across departments, and manage multiple properties and priorities
  • Understanding of hotel operations, commercial strategy, and overall profitability

 

Work Environment and Physical Demands

  • Prolonged periods sitting at a desk and working on a computer
  • Occasional travel may be required for property visits, leadership meetings, budgeting, hotel transitions, and other business needs

 

Other Duties

This job description is not intended to be a comprehensive listing of all activities, duties, or responsibilities required of the associate in this role. Duties, responsibilities, and activities may change at any time, with or without notice.

Equal Employment Opportunity

Meyer Jabara Hotels is committed to equal employment opportunity. We do not discriminate based on race, color, religion, sex, pregnancy, national origin, ancestry, age, marital status, sexual orientation, veteran status, physical or mental disability, or medical condition. All aspects of employment, including recruitment, hiring, advancement, compensation, benefits, training, promotion, transfer, discipline, layoff, recall, and termination, will be conducted without discrimination. Reasonable accommodations will be made for associates with disabilities.

Resumes and applications will be evaluated based on qualifications and the ability to meet the position's requirements.

Do you have the J Quality?

At Meyer Jabara Hotels, our mission is to honor, host and create memorable moments and make true connections. We do this by creating an environment whereby all associates accept empowerment and ownership to go above and beyond for all of our guests, every day.

Are you a dynamic, enthusiastic, and guest-focused individual with a passion for the hospitality industry? If so, we have an exciting opportunity for you to begin your Journey with us and show us your J Quality!

If you believe you have the J Quality please click through to apply!

What is your JQ?

https://www.youtube.com/watch?v=qAGd0FhBqJs&feature=youtu.be

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