Regional Vice President of Revenue Management
Brand-Savvy Leader to Guide Teams, Drive Growth, Exceed Objectives as RVP of Revenue Management
- Insurance enrollment available from DAY 1.
- Paid time off available from DAY 1.
- Holiday pay available from DAY 1.
- Hotel and travel discounts at worldwide destinations.
- Professional development and promotion opportunities.
About this job
As the Regional Vice President of Revenue, you're not just leading the charge in strategic revenue management-you're at the forefront of a team of brilliant revenue managers, all committed to pushing the boundaries of revenue maximization. Your responsibilities extend far and wide, from refining top-line strategies across your portfolio to overseeing forecasting, budgeting, and optimizing mix of sales. This role isn't just about numbers and forecasts; it's about being the face of ownership, requiring a high level of strategic planning and communication to ensure our objectives are not just met, but exceeded.
What you'll be doing
- Directly manage a team of revenue managers, providing hands-on leadership and guidance.
- High level oversight of all revenue distribution systems (RMS, CRS & PMS)
- Oversight of pricing strategies for all segments/channels
- Serve as the voice of Revenue Management for Brand/Owner meetings
- Provides ongoing feedback on strategies, market trends & addresses areas of opportunity
- Guide the development of the annual budget, forecast, and optimal mix for your portfolio
- Proactively identifying industry, market & economic trends data
- Train and develop Revenue Managers
- Implement audits of system and processes to mitigate and resolve any revenue impacting issues
- Maintain confidentiality of information
- Effectively communicate with hotel teams
- Always maintain professionalism consistent with company expectations
- 3+ years of hotel revenue management experience, preferably with world-wide brand
- 4-year degree in hotel administration, business, finance, or related field; or equivalent experience and education preferred
- Exceptional verbal and written communication skills, including electronic communication
- Advanced proficiency in Microsoft Office products
- Must be able to speak, read, and write in primary language used in the workplace
- 8+ hours per day sitting at desk/computer
- Manual dexterity and repetitive motions required throughout workday
- Ability to travel up to 40% of the time as needed or directed
About First Hospitality
Founded in 1985 and based in Chicago, First Hospitality is a forward-thinking hotel development, investment, and management company. First Hospitality's strategic vision is to create value for all through excellence and an openness to doing things differently.
First Hospitality seeks to attract and retain a high-performing and diverse workforce in which employee's differences are respected and valued to better meet the varying needs of the customers we serve. FH fosters an inclusive work environment that promotes collaboration, flexibility, and fairness. Equal Opportunity Employer.
At First Hospitality, our mission is to care for you on our journey together.
Founded in 1985, First Hospitality has curated a forward-thinking reputation. Successfully investing and managing hotels throughout the country, our passion for harnessing data to plan ahead means we don't just follow industry trends, we create them. This means creating value for our investors, opportunity for our employees, comfort for our guests, and trust for our partners.
First Hospitality is focused on achieving together through integrity, caring service, leadership, ownership, teamwork, full living, and inclusivity and social good. We're thrilled for all we've achieved and believe we're still building our legacy of success.
JOIN THE TEAM.
First Hospitality believes we do better when you do better. That's why we're committed to helping you build a future through comprehensive training and extensive career development opportunities. We provide all employees with competitive wages, benefit enrollment options from the first day of employment, paid time off from the first hour worked, holiday pay, 401(k) retirement savings, and more.
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