Hotel Equities · 20 hours ago
Area Director of Revenue Management Montrose, West Hollywood, CA
West Hollywood, CA
Full-time
Onsite
Lead/Staff, Director/Executive
$120K/yr - $150K/yr
5+ years expHotel Equities is a multi-award-winning hotel development and hospitality management company, currently seeking an Area Director of Revenue Management for Montrose at Beverly Hills, in West Hollywood, CA. This strategic leadership position is responsible for maximizing revenue and profitability across multiple properties by developing and implementing comprehensive revenue management strategies and collaborating with various teams to ensure cohesive execution of initiatives.
Hospitality
Responsibilities
Develop and execute revenue management strategies for multiple properties within the Montrose and West Hollywood area to maximize revenue and market share
Analyze market data, competitor pricing, and demand patterns to forecast revenue and adjust pricing strategies accordingly
Collaborate closely with sales, marketing, and operations teams to align revenue goals with promotional activities and operational capabilities
Monitor key performance indicators (KPIs) such as occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR) to identify opportunities and risks
Lead, mentor, and develop a team of revenue managers to ensure consistent application of best practices and continuous professional growth
Manage distribution channels and relationships with third-party vendors to optimize online presence and booking efficiency
Prepare detailed reports and presentations for senior leadership to communicate revenue performance and strategic recommendations
Qualification
Required
Bachelor's degree in Business Administration, Hospitality Management, Finance, or a related field
Minimum of 5 years of experience in revenue management within the hospitality industry, preferably managing multiple properties
Proven track record of developing and implementing successful revenue strategies that drive measurable financial results
Strong analytical skills with proficiency in revenue management systems, data analysis tools, and Microsoft Office Suite
Excellent communication and leadership skills with experience managing and developing teams
Demonstrated ability to lead cross-functional projects and influence stakeholders at all organizational levels
Preferred
Master's degree in Business Administration, Hospitality Management, or a related discipline
Experience working in the Montrose and West Hollywood markets or similar competitive urban hospitality environments
Familiarity with advanced revenue management software such as IDeaS, Duetto, or Rainmaker
Certification in Revenue Management or related professional credentials
Being passionate about people and service
Strong communication skills are essential when interacting with guests and employees
Reading and writing abilities are used often when completing paperwork, logging issues/complaints/requests/ information updates, etc
Basic math skills are used frequently when handling cash or credit
Problem-solving, reasoning, motivating, and training abilities are often used
Have the ability to work a flexible schedule including nights, weekends and/or holidays
Benefits
Team Driven and Values Based Culture
Medical/Dental/Vision
Vacation & Holiday Pay
Same-day pay available
Employee Assistance Program
Career Growth Opportunities/ Manager Training Program
Reduced Room Rates throughout the portfolio
Third Party Perks (Movie Tickets, Attractions, Other)
401(k)
Employee assistance program
Employee discount
Flexible schedule
Flexible spending account
Life insurance
Parental leave
Referral program
Company
Hotel Equities
Hotel Equities is one of the top hotel development and management companies.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$500MKey Investors
Virtua Partners
2025-05-01Acquired
2018-09-12Private Equity· $500M
Leadership Team
Frederick Cerrone
Founder and Chairman
Recent News
Seattle TechFlash
2025-06-07
2025-05-07
Company data provided by crunchbase