Aimbridge Hospitality · 1 day ago
Courtyard Manhattan Central Park - Revenue Manager-Hotel OEM
New York, NY
Full-time
Onsite
Mid Level
3+ years expAimbridge Hospitality is a leading hospitality management company, and they are seeking a Revenue Manager to maximize revenue opportunities for their hotel. The role involves providing direction and support to property teams, analyzing data, and developing revenue strategies to optimize profitability.
Asset ManagementHospitalityHotel
Responsibilities
Set, manage, and collaborate with GM/DOS to input appropriate yield controls to maximize hotel's revenue from all distribution channels
Coordinate with the front office team to maximize revenue through effective inventory management, upselling and sell-out efficiency
Collaborate with Sales and Marketing to provide consultation on strategies for negotiating and booking optimal group and catering business, as well as to ensure hotel meeting space is properly utilized to maximize room and food and beverage revenue potential
Manage brand/third-party channels and relationships by working with OTA market managers on promotions and market exposure; follow up to analyze ROI on any paid placements or marketing programs to ensure the hotel is maximizing revenue
Clearly relays items/actions discussed during daily/weekly/monthly meetings and distributes meeting notes (and applicable reports) to all appropriate stakeholders in a timely manner; will be required to facilitate meetings, as well
Effectively leverage, manage and maintain the applicable Sales & Revenue Management system(s), daily operations, forecasting support, and reporting in accordance with hotel and brand Revenue Management Standards, as applicable
Analyze applicable revenue reports to make Yield Management decisions and update respective inventory and rate information directly through the system(s), when necessary. Perform displacement analysis to support group sales decisions and communicate highlights and/or action plan recommendations to Revenue leadership
Place test calls to ensure accuracy of rate quoting, restrictions and selling approach
Ensure accurate preparation and analysis of market segmentation reports, production reports, source contribution analysis, daily pick-up reports, and pace summaries. Own the compilation, distribution, and interpretation of sales and revenue data
Analyze and review monthly and weekly STR Report results, understanding gains or losses of RevPAR Index and applying this knowledge to impact and predict future results and further help develop proactive strategies to gain share against the competition
Develop, monitor and adjust group pricing strategies, preferred patterns, and need periods where necessary
Serve as key contact for questions with regard to system use and/or revenue management principles. May provide in-person training, as required
Engage in the annual BT pricing process. Provide data analysis of production trends and pricing guidance to hotels to ensure alignment to annual revenue goals
In partnership with the strategy team, execute daily, weekly and monthly 30-60-90 day forecast and annual budget. Contribute to daily, weekly and monthly 30-60-90 day forecast and annual budget processes
May participate in the monthly financial review (ownership invited), focused on sales, revenue, and P&L; level of involvement may vary based on portfolio type
Represent the hotel by participating in and/or conducting industry functions in the area, as applicable
Manage and communicate group cut off dates
Monitor the status of the hotel throughout the day. Adjust any inventory controls that need to be modified through the applicable Revenue System(s) and communicate to the strategy team. This must occur as frequently as required based on high demand/revenue time frames
Perform Special projects, participate on task force and/or committees, trainings, and other responsibilities as assigned
Qualification
Required
High school diploma or equivalent is required
At least 3 years of progressive experience in a hotel or a related field required; or a 4-year college degree in business statistics, revenue management, or hospitality and at least 1 year of related experience
Knowledge in Microsoft Office Products with a prerequisite in Excel formulating and reporting
Understanding of general hotel operations and the philosophy of yield management
Must be able to work with and understand financial information and data, and basic arithmetic functions
Must have the ability to assimilate complex information, data, etc., from disparate sources and consider, adjust or modify to meet the constraints of the particular need
Use critical thinking skills to investigate changes in demand, pace, production, and channel/source contribution to anticipate a response and ensure communication of critical information
Excellent presentation, written and verbal communication to convey information and ideas clearly
Strong organizational management and ability of handling multiple responsibilities at any given time
Approach all encounters with owners, guests and associates in a friendly, objective, and service-oriented manner
Comply at all times with Aimbridge Hospitality standards and regulations to encourage professional, safe and efficient operations
Preferred
Knowledge of branded or similar PMS system, internet and travel websites, and industry specific reports including Travelclick and STR desired
Benefits
Now offering Daily Pay! Ask your Recruiter for more details
Medical, Dental, and Vision Coverage
Short-Term and Long-Term Disability Income
Term Life and AD&D Insurance
Paid Time Off
Employee Assistance Program
401k Retirement Plan
Company
Aimbridge Hospitality
Aimbridge Hospitality is a independent investment and third-party hotel management firm.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknown2019-01-07Acquired
2015-07-13Private Equity
2013-01-01Private Equity
Leadership Team
Mike Deitemeyer
President and CEO
Patrick Volz
Chief Operating Officer, Global Operations
Recent News
2025-11-24
Company data provided by crunchbase