Franchise Revenue Manager (Irving, NY)

Franchise Revenue Manager

We re growing leaps and bounds La Quinta the largest operator of limited-service hotels in the United States is in search of dynamic Revenue Managerswho can keep up our continued expansion. If you can t stop thinking of waysto maximize hotel revenue or the words Totally Booked make you break outinto your happy dance then LQ may just be the place for you La Quinta is aUnique brand that understands success involves great management great ideasand great employees who can execute them. We are increasing our RevenueManagement team so if you re looking to join a company who truly values theiremployees then the time is now to join La Quinta We pride ourselves ondoing ordinary things extraordinarily well all while having fun. So check outwhat we re looking for in a top-notch Revenue Manager By the way did wemention that this is a home based opportunity that can be anywhere in thecontinental U.S. Well come on .this opportunity won t last long Apply today POSITION SUMMARY Design develop implement and maintain operational systems methods andtechniques to support Pricing and Yield Management activities andresponsibilities in the field and at the regional and corporate levels. Thisincludes development of metrics generation and review of reports pricing and implementation of strategies across channels to maximize profitability byproperty and region. Regional Revenue Manager will be needed to provide dailyand weekly training and communication to the General Managers. The travelrequirements will include touring properties regional meetings anddepartment meetings up to 30%. The positions will office in the field forthe region represented. ESSENTIAL JOB FUNCTIONS Develop execute analyze and measure pricing strategies and channel production by property and region Be able to communicate results and provide measured results to Vice President of Revenue Management and other Operations Vice Presidents Create profitable price points for all offers for the Sales department and Marketing promotions Influence the property managers to effectively implement pricing and strategy changes Build and maintain partnerships with the General Managers Regional Sales Managers and Regional Vice Presidents Create ad-hoc reporting or tools to identify opportunities Effectively manage restrictions and settings (MLOS Levels Pricing) within NetRez (CRS) ESSENTIAL JOB FUNCTIONS Provide specific actionable information to RVPs and General Managers that allow the company to maximize revenue Lead Operation s initiatives to improve results that may trend negatively Provide action items and measure results on a weekly basis Communicate effectively best practices amongst peer group Forecast property revenues Understand and make decisions based on booking pace Participate in the budget process (Holidays Special Events Day of Week etc ) Manage additional projects as needed EDUCATION EXPERIENCE SKILLS REQUIRED Bachelor s degree in Hospitality Marketing Economics Finance or related field required At least 2-4 years of experience as a Revenue Manager Strong analytical experience Strong Verbal and Written communication skills Strong knowledge of Microsoft Excel Basic understanding of Microsoft Access Strong project management experience Independent and self-motivated Detail oriented Time management Travel up to 30%Apply NowCompany