Golden Nugget Las Vegas · 9 hours ago
Director of Revenue Management
Las Vegas, NV
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expGolden Nugget Las Vegas is seeking a Director of Revenue Management to maximize and oversee strategies that optimize market share and profitability across all room revenue segments. The role involves collaborating with various departments to ensure alignment with market conditions and enterprise objectives while providing high-quality guest service.
Responsibilities
Develop and implement comprehensive revenue management strategies to maximize RevPAR, ADR, occupancy and overall revenue performance across all segments
Build and lead all long-range and short-range forecasting models that support the Budget, Forecast and Operational planning
Monitor and analyze demand for drivers, market trends, competitive sets and industry indicators to make informative decisions on pricing and distribution daily/hourly as demand and drivers change and move
Oversee all channel mix strategies, including direct and third-party channels for OTA’s, GDS, Wholesale, and corporate accounts as well as checking for rate parity
Direct and develop the rooms revenue team, including analysts and managers on and off property
Ensure systems, including PMS, Booking Engine, RMS, BI Reporting systems, and 3rd party interface systems are maintained, accurate, and optimized
Partner closely with Hotel Ops on upsell and sellout strategies, Sales to guide pricing and inventory profitability, and Casino Marketing to align comping and reinvestment with rooms strategy
Partner with Corporate call center to ensure pricing is effective based on conversion ratios, as well as strong partnerships with sister properties to ensure best practices and strategies are shared and discussed
Ensure revenue team is building and configuring all offers and strategies to drive the most direct bookings
Lead daily, weekly and monthly revenue performance reviews to include pacing, pick up, segment mix, profitability and competitive set
Monitor trends and changes in the market, citywide events competitive pricing to anticipate demand shifts
Develop and maintain accurate dashboards, reporting, analytical insights that guide strategic decision making across all departments
Maintain a comprehensive historical library of annual trends and property performance
Develop and maintain working relationships with system and third-party providers and comp set
Prepare analytics and reports as requested by executive team
Qualification
Required
Ability to manage employees, training and coaching skills with evidence of developing exceptionally motivated teams
Excellent analytical, problem solving, administrative, multi-tasking, organization and prioritization skills
Excellent interpersonal and communication skills (verbal and written), fluent English and articulate
Ability to work efficiently, independently and cohesively, consistently producing quality results
Computer literate in Microsoft Windows applications required; LMS, Power BI and SQL or analytics experience
Must possess basic mathematical skills to include ability to add, subtract, multiply and divide specific to position responsibilities
Ability to read and understand all policies and procedures
Must be able to communicate effectively with guests, employees, and members of management in English, specific to position duties and responsibilities
Must be able to complete standard forms and reports preferred
Bachelor's or related degree preferred
5 years' experience in Hotel Revenue
Minimum age requirement is 21
Experience in a hotel leadership role
Company
Golden Nugget Las Vegas
The Golden Nugget Las Vegas is the most luxurious resort on the Fremont Street Experience, and consistently receives critical acclaim for exceeding customer expectations.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase