Description
At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to and proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do! We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that 'feed your inner explorer', we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright. We are committed to providing you with:
- Highly competitive salary with an annual salary range of $115,000 - $125,000
- An exceptional benefit plan for eligible associates & your family members
- 401K matching program for eligible associates
- Flexible scheduling to allow you to focus on what is important to you
- Discounts with our Crescent managed properties in North America for you & your family members
We are seeking a strategic, results-driven leader to serve as Area Director of Revenue Strategy for a portfolio of 3-4 Marriott properties. In this high-impact role, you will lead the development and execution of multi-property commercial and revenue strategies, with a focus on driving top-line revenue, optimizing market positioning, and enhancing profitability. You will work cross-functionally with hotel leadership, sales, marketing, and finance teams to ensure alignment and success across the portfolio. The ideal candidate must have full-service, multi-property Marriott experience and be OY certified. What you will be doing?
- Lead the development and execution of commercial and revenue strategies to drive revenue growth and profitability for the property.
- Collaborate closely with property-level teams, including the general manager, sales, marketing, operations and finance, to align commercial strategies with the hotel's overall business objectives.
- Conduct in-depth analysis of key performance indicators (KPIs), market trends, and competitor pricing to identify opportunities for improvement and optimize strategies.
- Utilize demand forecasting, booking trends, and historical data to optimize pricing, inventory allocation, and distribution channels for the property.
- Oversee the implementation of sales and marketing initiatives that complement revenue management goals and enhance the hotel's market position.
- Establish and maintain relationships with distribution partners, online travel agencies (OTAs), global distribution systems (GDS), and other key channels to maximize the property's visibility and revenue potential.
- Develop strategies for group bookings, corporate accounts, and other key revenue-generating contracts in collaboration with the property team.
- Stay informed about industry trends, technological advancements, and emerging best practices in revenue management and commercial strategy to continuously refine strategies and drive performance.
- Provide leadership and mentorship to the property's commercial team, ensuring adherence to best practices and alignment with commercial objectives.
Qualifications:
- Bachelor's degree in Hospitality Management, Business Administration, or a related field. An advanced degree or professional certification in revenue management or commercial strategy is a plus.
- Proven experience in revenue management or commercial strategy development within the hospitality industry, with a strong leadership background.
- Strong analytical and data interpretation skills, with the ability to translate insights into actionable revenue strategies.
- Excellent interpersonal and communication skills, with the ability to influence and collaborate with cross-functional teams at various levels.
- Strategic thinker with a focus on driving revenue growth, improving market share, and achieving key business objectives.
- Demonstrated leadership capabilities, with experience in managing and developing revenue teams.
- Flexibility and adaptability in a fast-paced environment, with the ability to lead change initiatives and respond to evolving market conditions.
- In-depth knowledge of hospitality industry regulations, revenue management principles, and commercial strategy best practices.
Preferred Qualifications:
- One Yield Certified.
- Full-Service Marriott experience.
- Experience managing revenue and commercial strategies for a portfolio of hotels.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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