Summary
Location
Maryland Heights
Type
full-time
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About this role
Regional Revenue Director - Midas Hospitality
Midas Hospitality is recognized as one of the Top 100 U.S. Employers in 2021 (by MogulRecruiter). Ranking #30 for talent, #13 for diversity, #33 for best in minorities, #16 for blacks and #11 for women.
Start Your Journey with Midas Hospitality:
Midas Hospitality is seeking a Regional Revenue Director to join our team. This person will work to maximize hotel room revenue for 6 - 10 Midas Hospitality properties by implementing the company-wide management culture and initiatives. This includes transient and group pricing strategies, quarterly revenue management objectives and Ecommerce.
What You Will Be Doing:
- Develop, implement and recommend transient, LNR and group sales and pricing strategies with the goal of maximizing RevPAR. The Regional Revenue Director will ensure proper segmentation mix of business through the use of inventory status controls, pricing strategies and brand promotional participation.
- Responsible for creating, reviewing and approving all revenue tracking tools and their implementation and utilization at the property level. This includes weekly strategy calendars.
- Implementation of tools to manage proper mix of group and displacement analysis.
- Lead weekly revenue meetings.
- Assist in the preparation and the analysis of monthly forecast and annual budget.
- Be able to understand and interpret market conditions, trends and the competition by analyzing STAR data. Use this data to implement RevPAR index increase strategies.
- Ensure the implementation of Brand Revenue Initiatives.
The Ideal Candidate:
- Systems knowledge of at least one major brand (IHG, Marriott or Hilton)
- Proficient in Excel
- Two or four year degree in Hospitality Management, Business or a related major
- At least one year of related experience
About Us:
From humble beginnings in 2006 to an enterprise being driven by more than 1,000 people today, Midas Hospitality has never lost sight of our #1 priority - people. Currently, Midas Hospitality operates 40+ hotels in 14 states with a focus on select-service and extended-stay properties for leading brands such as Marriott, Hilton and IHG. At Midas Hospitality, we make room for people's dreams. That means building a company where people love to work, our financial partners love the results and everyone loves the experience.
As a people-first organization, we offer opportunities to grow and benefits to flourish for anyone with a desire to serve others and a tremendous work ethic. We aim to competitively compensate our associates and reward their contributions.
We offer a range of benefits including, but not limited to:
- Growth and development tools and access to learning
- Robust PTO policies
- Medical/Dental/Vision Coverage
- 401k matching
- Employee Assistance Program
- Discounted products and services
Midas Hospitality is proud to be a drug free workplace and equal opportunity employer.
Other facts
About Midas Hospitality
Midas Hospitality is a leading hospitality management firm that puts people first.
With a focus on select-service, extended-stay, upper midscale, and upscale properties, we operate award-winning hotels for leading brands including Marriott, Hilton, and IHG across the US. We care deeply about our hotels, serving as good brand citizens. This shows in our leading guest service scores and long-term investor returns.
We know that a better experience for our team leads to a better experience for our guests and partners. We take care of our people by giving them the tools to succeed at work and in life.
At Midas Hospitality, we make room for people's dreams. That means building a company where people love to work, our financial partners love the results and everyone loves the experience.
What you'll do
- The Regional Revenue Director will be responsible for developing and implementing transient, LNR, and group sales and pricing strategies to maximize RevPAR across 6 to 10 properties. This includes managing segmentation mix, approving revenue tracking tools, leading weekly revenue meetings, and analyzing market conditions using STAR data.
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