Area Revenue Manager at PA Hospitality | Torre

Area Revenue Manager

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Full-time

Legal agreement: Employment

Provide your expected compensation while applying

+ Bonuses (up to 10% of base compensation)

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Remote (for United States residents)
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Visa sponsorship: No
Posted about 1 month ago

Responsibilities


Lead revenue strategy across PA Hospitality’s multi-property hotel portfolio, with a focus on maximizing RevPAR, market share, profitability, and long-term commercial performance. Strategic Execution: - Develop and execute pricing, inventory, and revenue strategies for each hotel based on demand, pace, booking trends, market conditions, and competitive positioning. - Analyze daily pickup, pace, occupancy, ADR, RevPAR, booking window, cancellations, and market trends to identify risks and opportunities. - Review STR/CoStar results and develop actionable strategies to improve RevPAR Index (RGI) and overall competitive performance. - Utilize market intelligence tools including Demand360, Agency360, STR/CoStar, OTA extranets, and brand revenue management systems to guide commercial decisions. - Conduct competitive rate shops and ensure each hotel is appropriately positioned by date, room type, segment, and demand period. - Identify need dates and develop specific strategies to drive incremental demand without relying on unnecessary broad discounting. - Manage and evaluate OTA strategy across Expedia, Booking.com, and other distribution channels, including visibility, conversion, promotions, advertising, and cost of acquisition. - Review rate plans, discounts, packages, promotions, restrictions, length-of-stay controls, and channel availability to ensure optimal pricing and profitability. - Analyze performance by market segment and identify meaningful year-over-year changes, opportunities, and areas of concern. - Partner closely with Sales to evaluate group opportunities, displacement, negotiated accounts, corporate business, and need-period strategies. - Develop extended-stay pricing and positioning strategies where applicable. - Prepare accurate forecasts and provide clear explanations of performance, risks, opportunities, and recommended actions. - Lead and participate in recurring revenue and commercial strategy meetings with hotel operations, sales leadership, and ownership. - Translate complex data into clear, specific recommendations that hotel leaders can execute. - Proactively identify changes in market demand, competitive behavior, booking patterns, and channel performance before they negatively impact results. - Support annual budgeting, forecasting, business planning, and commercial strategy development. - Partner with hotel leadership to ensure revenue strategies are properly executed across all systems and distribution channels. Development and Optimization: - Support the pre-opening revenue strategy for future PA Hospitality developments, including the upcoming AC Hotel by Marriott Houston CityCentre. - Assist with pre-opening budgeting, market positioning, competitive analysis, presell strategy, forecasting, system setup, and overall commercial planning. - Continuously evaluate opportunities to improve processes, reporting, technology utilization, and the overall revenue management function across the portfolio. Role Requirements: - This role requires someone who can move beyond reporting what happened and clearly explain why it happened, what opportunity exists, and what action should be taken next.