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Start Your Hospitality Career with Wyndham Worldwide

Job ID: 
1706268
Job Function: 
Revenue Management
Location: 
Parsippany, New Jersey United States
Brand / Resort: 
Wyndham Hotel Group
Schedule: 
Full-time

Revenue Manager

02 Nov 2017
Wyndham Hotel Group, hotel giant with an unmatched global presence, is one of three hospitality business units of Wyndham Worldwide. We’re a hospitality powerhouse, with 19 iconic brands united by the most generous and simplest rewards program in the business, Wyndham Rewards.
 
We are driving the democratization of travel by transforming to deliver better value for the everyday traveler. We believe travelers deserve great experiences and real value, and our portfolio – including our strength in economy and midscale hotels – delivers that.
 
Our global portfolio consists of more than 8,000 hotels and over 697,600 rooms in 77 countries under the following brands: Dolce Hotels and Resorts®, Wyndham Grand®, Dazzler® Hotels, Esplendor® Boutique Hotels, Wyndham Hotels and Resorts®, Wyndham Garden® Hotels, TRYP by Wyndham®, Wingate by Wyndham®, Hawthorn Suites by Wyndham®, Microtel Inn & Suites by Wyndham®, Ramada®, Baymont Inn & Suites®, Days Inn®, Super 8®, Howard Johnson®, Travelodge® and Knights Inn®.
 
Wyndham Rewards, ranked number one hotel rewards program for 2016-2017 by U.S. News & World Report, offers more than 50 million members the opportunity to earn and redeem points at more than 25,000 hotels, condos and homes globally.
 
The Wyndham portfolio of properties is always growing and Revenue Management (RM) provides the resources to optimize pricing and inventory in the ever changing market place.  We are looking for candidates with strong analytical and strategic skills to provide RM Leadership to our portfolio of hotels.  If you have a desire for a career in Revenue Management, we would love to hear from you so we can tell you more about all the opportunities available at Wyndham Hotel Group.
 
As part of Wyndham Hotel Group’s dynamic revenue management team, the Revenue Manager is responsible for optimizing room revenue for an assigned portfolio of hotels by strategically managing pricing, inventory, and channel distribution.  This position has the ability to successfully position properties in markets through pricing and yield management, price positioning analysis, competitive set performance, and strategic planning of rate products.  
 
Responsibilities
 
Perform analysis and develop hotel strategies and tactics to optimize revenues.  Including but not limited to the following:
  • Historical and future demand analysis
  • Business mix analysis
  • Competitive set analysis
  • Group displacement analysis
  • Price-Value comparison
  • Potential property visit as determined necessary
Change hotel rates and inventory restrictions, by day, to ensure the property is properly priced in the market. Including but not limited to:
  • Setting/managing rates by season, rate category and by room type
  • Maintaining channel parity
  • Monitoring competitive pricing and responding accordingly
  • Group displacement analysis
  • Manage inventory restrictions (MLOS)
Conduct regular revenue meetings, via phone, with property leadership.  Track and communicate the effectiveness of defined strategies and tactics making recommendations for on-going adjustments:
  • Weekly tracking / status reports
  • End of month reviews
Additional ad hoc analysis and/or project work as requested by WHG revenue management leadership
Qualifications

Abilities/Key Competencies/Skills

  • Understanding of hotel or travel industry distribution landscape and systems.
  • Strong analytical skills and ability to translate and present metrics into actionable proposals.
  • Highly proficient in Excel; experience with business intelligence/reporting tools to pull data and reports.
  • Above average organizational skills; ability to successfully manage multiple activities in parallel, across various management levels.
  • Above average communication skills; ability to confidently and clearly interact remotely with property and brand resources; convey ideas clearly in voice and in writing.
  • Ability to analyze and present findings from quantitative data; can assimilate information and data from disparate sources and consider, adjust or modify to meet the constraints of the particular need.
  • Must be able to show initiative in job performance, including anticipating what needs to be done before it becomes a necessity.
  • Must have a basic understanding of financial terms and P&L statements.
  • Must maintain composure and objectivity under pressure.                 
 
Experience/Certificates/Education
  • Bachelor’s degree required.  Focus in Economics, Business, Finance, or Statistics preferred.
  • 2-3 years of successful progressive experience in a revenue management, finance, strategy, or hotel operations role.
  • Experience using hotel industry or travel industry inventory systems is a plus.

Copyrights

If you require a reasonable accommodation to complete an application please email your request to Mycareer@Wyn.com and provide the job title and location to which you are applying.

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