Hyatt Director of Revenue Strategy in SCOTTSDALE, Arizona
Provide leadership in the areas of pricing, distribution, revenue optimization, e-marketing, reservation sales, analysis, evaluation and resources necessary to achieve the hotel’s top-line revenue objectives.
Key Job Responsibilities:
Pricing and Analytics * Work jointly with the property ROC team and RVPSM or RDOSM to analyze findings of daily metrics to implement a results-driven action plan. * Development and execution of a strategic (demand-based) pricing plan for all room categories. Utilize key 3rd party reports (STR, Hotelligence, rate shopping tool) to aid in effectively pricing units. * Understand the hotel’s defined competitive market and defined comp sets and their relevance to each hotel/resort based on current/future market conditions and industry changes and fluctuations. * Utilize transient KPI report to identify trends as an early warning system to where future revenue opportunities may lie. * On an annual basis, participate in the crafting of the business plan, provide guidance to the mix of business, adr, rate positioning, and overall revenue and penetration strategies. * Complete ongoing detailed reservations evaluation including conversion, ACD reports, regrets/denials, call volumes shop call and training execution. Group Optimization * Implement a group evaluation process to manage group inventory and rates based on key factors such as rooms/space ratio, pattern, ancillary contribution, etc. for the group sales team to utilize for a minimum period of twelve-eighteen months at all times. * Facilitate a group block management program to ensure contracted blocks are being maintained, forecasted, yielded, and released at appropriate times. Electronic Distribution * Develop and maintain electronic distribution strategy to include 3rd party internet content and positioning, market manager relationships, and GDS distribution. * Monitor all electronic distribution sites on a regular basis to ensure all transient rates and available room types are loaded and accessible. * Partner with property ROC team, RVPSM, and AVP/Corporate Director Revenue Strategy to ensure property is utilizing the revenue enhancement plan (MK16) to make short-term tactical decisions around pricing, distribution, and a coordinated market effort to reach property goals. * Work directly with marketing manager and Sabre Marketing to create and implement web site and search engine optimization (SEOP), search engine advertising (SEA), and online marketing. * Work directly with key partners to implement a results-driven action plan to yield during high demand times as well as implement strategies during lower-demand times to steal share. Metrics * Conduct weekly ROC meetings involving strategies for the next 12-18 months, competitive business analysis, financial room forecasts and budgets. DORO is responsible to ensure all key stakeholders show active and consistent participation in the weekly meetings. * Produce daily, weekly, monthly core group of reports such as day by day forecasts, market segmentation detail, channel distribution, and pace (group and transient). * Work with AVP/Corporate Director Revenue Strategy to ensure that a results-driven action plan is created from feedback received from property audit. * Maintain a strategy board to ensure property rates and restrictions are in alignment with overall demand, market pricing, hotel inventory, and rate parity across all distribution channels is adhered to. * Create hotel day by day (by segment) budget as part of the annual marketing plan process. * Work with key department heads of all ancillary revenue centers to ensure revenue objectives are being met by implementing a core group of reports and regular-scheduled meetings to foster the Revenue Optimization Community (ROC). Leadership * Ability to effectively communicate challenges that arise in either property performance or processes to the GM, DOSM, RVPSM, and property ROC team. * Be able to influence change and demonstrate a sense of accountability and level of comfort during interactions with key stakeholders both at the property as well as the regional and corporate offices. * Promote a ROC community on-property by taking ownership and accountability of all reports that are produced and ensure meeting participation is solid. * Foster a cooperative working relationship with local competitor hotels in order to promote referrals as well as keep abreast of market demand and trends. * Develop and maintain a positive rapport with all DH&R hotels, DH&R corporate offices, as well as all market managers of utilized distribution channels, to build a strong, mutually beneficial partnership. * Partner directly with key constituents within hotel to ensure ancillary revenue objectives are being met.
Essential Functions Skills and Abilities * Strong written and oral skills * Proficient in Excel * Willingness to travel 1-2 overnight trips a year for continuing education programs * Comprehensive understanding of demand evaluation and effective pricing * Ability to evaluate and execute a results-driven action plan * Experience managing projects independently and presenting conclusions to fellow team members, property ROC teams, and Regional support teams * Ideal candidate would also possess basic knowledge of key sales and revenue systems(Property Management Systems, Delphi, Synxis, and EZ Yield and/or SiteMinder Experience * Minimum 2 years of on-property hotel revenue management and e-commerce discipline focus * Extensive hotel experience with Excel, expert level preferred
Education Bachelor degree with hospitality and/or e-commerce specialization preferred, but not required
Primary Location: US-AZ-Scottsdale
Organization: The Scottsdale Resort at McCormick Ranch
Pay Basis: Yearly
Job Level: Full-time
Req ID: SCO003197
Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.