- Full-Time
- Permanent
- FAIRMONT
- Revenue Management & Pricing
__jobinformationwidget.freetext.LocationText__
Fairmont Miramar - Hotel & Bungalows, Santa Monica, United States
__jobinformationwidget.freetext.ExternalReference__
REF113071R
Director of Revenue Management
Region
Luxury & Lifestyle
Situated atop the scenic bluffs overlooking Santa Monica Beach, Fairmont Miramar Hotel & Bungalows is just a stone's throw away from some of Southern California’s best attractions including Santa Monica Pier and its historic carousel as well as Third Street Promenade -- famous for its fine restaurants, live entertainment, movie theatres, shopping, local artists' scene and a weekly farmer’s market.
What is in it for you:
- Employee benefit card offering discounted rates in Accor worldwide for you and your family
- Learning programs through our Academies designed to sharpen your skills
- Ability to make a difference through our Corporate Social Responsibility activities, like Planet 21
- Career development opportunities with national and international promotion opportunities. The sky is your limit
- Salary Range: $165,000 - $200,000 USD Gross per annum
The Director of Revenue Management (DRM) is responsible for developing and executing the hotel's overall revenue strategy while leading the Revenue Management and Reservations teams. This role drives revenue growth by optimizing pricing, inventory, and distribution strategies across all market segments and revenue streams, ensuring alignment with the hotel's commercial objectives and brand positioning.
The DRM leverages data analytics, market intelligence, and forecasting to identify opportunities, provide strategic recommendations to the Commercial Strategy team, ownership, and corporate leadership, and support informed business decisions. The role is accountable for maintaining the integrity of revenue data, optimizing inventory allocation, and implementing pricing strategies that maximize both revenue and profitability.
As a key commercial leader, collaborates closely with Sales, Marketing, Operations, and Finance to deliver a unified revenue strategy that enhances overall hotel performance. In addition, the role is responsible for identifying, mentoring, and developing Revenue Management talent, fostering a high-performing team and building a strong pipeline of future leaders.
Responsibilities
- Leverages Revenue Management analytics, technologies, processes, tools, and training programs to optimize hotel profits.
- Leads strategic planning and collaborates with all hotel profit generation teams to actively seek opportunities to drive incremental profit for Rooms, Restaurants, Spas, and other revenue streams.
- Creates short- and long-term forecasts, that yield the best decisions on pricing and yielding tactics
- Participates in the annual budget process and produces long term projections, as required.
- Actively participates in ownership conversations and presentations
- Effectively communicates a compelling Total Hotel Profit Optimization vision to all relevant property leaders, fosters Revenue Management Culture within the revenue generating departments of the hotel and teaches RM concepts within the hotel.
- Leverages Revenue Management analytics, technologies, processes, tools, and training programs to optimize hotel profits.
- Monitors relevant economic, market, and competitive set indicators to derive insight-led profit generation strategies.
- Chairs and prepares materials for the weekly Revenue Management Meetings, following Brand guidelines.
- Maximizes room revenue contribution through a thorough understanding of all booking channels and management of inventory and rate therein.
- Optimizes pricing, promotions, and availability strategies through definition and management of all rates, rate levels, stay restrictions and other tactics, which are congruent with demand factors to target the most profitable customer segments to maximize profits.
- Directs and manages all channel distribution strategies. Evaluates new business opportunities related to booking channels.
- Collaborate with the Marketing team to execute, measure, evaluate and improve digital marketing efforts, to support the hotel strategic marketing plans working within the established budgets.
- Together with the Marketing team, manages performance reviews with OTA/CTO partners, keeping up-to-date on each partner’s distribution options and extranet maintenance, to ensure optimal display of the hotel. Evaluates extranet enhancements.
- System owner for RMS, CRS (ORS and TARS), Rate shopping system, TravelCLICK products and hotel specific platforms. Responsible for data quality and system hygiene, following Accor standards, recommendations and procedures.
- Oversees content management in all electronic channels, liaises with hotel Marketing team to ensure regular updates of images and descriptions of hotel, room brands, outlets and services are completed.
- Oversees relationship with GRC and Distribution services teams.
- Maintains relationships with local market competitors to keep informed of trends and news.
- Motivate, lead, coach and manage all aspects of team members’ performance towards achieving exceptional guest service and employee satisfaction results.
- Strong communication skills, both verbal and written
- Dynamic can-do attitude
- Strong analytical skills and attention to detail
- Presents a professional and polished appearance
- Effectively deal with guests and other team members
- Previous reservation experience highly preferred
- Experience with Ideas G3 RMS, Opera PMS, Passkey, Delphi or Opera Sales and Catering preferred
- Possessing the trait of being organized and multi-tasking
- Ability to complete work within given deadlines
- Maintain confidentiality of proprietary information and protect company assets
All your information will be kept confidential according to EEO guidelines.
Our commitment to Diversity & Inclusion:
We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.
Why work for Accor?
We are far more than a worldwide leader. We welcome you as you are, and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.
By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/
Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS
Discover a world where life pulses with passion
Diversity & Inclusion for Accor means welcoming each and everyone and respecting their differences by giving priority only to qualities and skills in extending employment and development opportunities. Our ambition is to provide meaningful employment, a warm and welcoming culture, excellent working conditions and to promote the development of all people, including those with disabilities.
When applying, do not hesitate to let us know of any specific needs you may have so that we can take them into consideration.
LET
YOUR PASSION SHINE
We foster
our creativity, our excellence and progressiveness. We interconnect with
each other and our environment, to create a new kind of quiet luxury. With us, you can take pride in
being part of a wider global team leading the way in local sustainability
initiatives. Working together with our communities, we will empower you to
make your own meaningful impact.
Let your passion shine
We take pride in promoting heartfelt hospitality with a French Zest, valuing passion, excellence and emotional intelligence. We pioneer a committed and sustainable approach to luxury, encouraging openness and inclusivity. We value new encounters with colleagues and guests from all horizons with a goal of creating a distinctive culture together.
JOIN USRelated jobs
Salary
Location
Pullman Nairobi Upper Hill, Nairobi, Kenya
Experience Level
Director
Job Schedule
Full-Time
Brands
ACCOR
Job type
Permanent
Locations
Nairobi
Job Category
Revenue Management & Pricing
Description
•Lead data-driven revenue strategies across three Accor properties in Kenya and Rwanda to maximize RevPAR, ADR, occupancy, market share, and profitability.•Analyze market trends, demand patterns, book
Reference
ac869389-6f8a-40ff-b19e-183442c819a8
Expiry Date
01/01/0001
Salary
Location
Novotel Paris Gare de Lyon, Paris, France
Experience Level
Not Applicable
Job Schedule
Full-Time
Brands
ACCOR
Job type
Permanent
Locations
Paris
Job Category
Revenue Management & Pricing
Description
PRINCIPALES RESPONSABILITES : Stratégies de Revenue Management : Responsable de la mise en œuvre des stratégies globales de gestion des revenus au sein du portefeuille défini. En tant qu'expert en l
Reference
8e204d65-c406-4e88-8f97-3c195b846050
Expiry Date
01/01/0001
Salary
Location
THE HOXTON EDINBURGH, Edinburgh, United Kingdom
Experience Level
Mid-Senior Level
Job Schedule
Full-Time
Brands
THE HOXTON
Job type
Permanent
Locations
Edinburgh
Job Category
Revenue Management & Pricing
Description
What you’ll do…Effectively incorporate the revenue management philosophy of exceeding our fair share from three key perspectives, Mind Share, Market Share, Channel Share, in all aspects of revenue man
Reference
5113f00b-a98e-4dfc-8c67-2e0e8df3018f
Expiry Date
01/01/0001
Salary
Location
ibis New Delhi Aerocity, New Delhi, India
Experience Level
Mid-Senior Level
Job Schedule
Full-Time
Brands
ACCOR
Job type
Permanent
Locations
New Delhi
Job Category
Revenue Management & Pricing
Description
We are looking for an energetic and driven individual with a knack for numbers to dive into the world of hotel revenue management: assist in developing pricing strategies, manage inventory, and analys
Reference
2910acd1-af61-43c8-ae10-37178ebeecdf
Expiry Date
01/01/0001
Salary
Location
London Borough of Hammersmith and Fulham, United Kingdom
Experience Level
Student
Job Schedule
Full-Time
Brands
ACCOR
Job type
Internship
Locations
United Kingdom
Job Category
Revenue Management & Pricing
Description
You work in the Revenue Management on Demand department supporting the Commercial Services team in various projects, ensuring comprehensive insights and strategies to optimise product offerings and en
Reference
c5623e1b-ae56-4f45-817c-3d2f5f500144
Expiry Date
01/01/0001
Salary
Location
Rixos Al Mairid Ras Al Khaimah, Ras Al-Khaimah, United Arab Emirates
Experience Level
Mid-Senior Level
Job Schedule
Full-Time
Brands
RIXOS
Job type
Permanent
Locations
Ras Al-Khaimah
Job Category
Revenue Management & Pricing
Description
MAIN DUTIES AND RESPONSIBILITIES: Managing staff and ensuring smooth day to day activities for reservation departmentEnsuring that quality of reservation is maintained in terms of guest details, ra
Reference
4c0bdc26-f027-4e41-9b7e-d3f623cdc415
Expiry Date
01/01/0001
Salary
Location
Fairmont Royal York, Toronto, Canada
Experience Level
Mid-Senior Level
Job Schedule
Full-Time
Brands
FAIRMONT
Job type
Permanent
Locations
Toronto
Job Category
Revenue Management & Pricing
Description
The Revenue Manager, Food & Beverage is responsible for driving the hotel’s strategic vision through a Total Revenue Management approach, with a primary focus on Food and Beverage (Outlets, Catering,
Reference
7c776dad-b309-4665-a4f3-4859d3e9cfcd
Expiry Date
01/01/0001
Salary
Location
Fairmont Jaipur, Jaipur, India
Experience Level
Mid-Senior Level
Job Schedule
Full-Time
Brands
FAIRMONT
Job type
Permanent
Locations
Jaipur
Job Category
Revenue Management & Pricing
Description
Operational DutiesOversee daily reservations operations and ensure accurate handling of bookings, amendments, and cancellationsMonitor room availability, rates, and inventory across all distribution c
Reference
003da372-a716-4658-96ec-a109f1eefafe
Expiry Date
01/01/0001
Salary
Location
Munich, Germany
Experience Level
Mid-Senior Level
Job Schedule
Full-Time
Brands
ACCOR
Job type
Temporary
Locations
Munich
Job Category
Revenue Management & Pricing
Description
Multi-Hotel Revenue Manager (m/f/d) - 2 years parental leave coverOur Revenue Management team for Europe & North Africa is looking for a Multi Hotel Revenue Manager (m/f/d). As part of the German team
Reference
691aa963-672e-489a-853b-83deb1a7b48f
Expiry Date
01/01/0001
Salary
Location
Auckland, New Zealand
Experience Level
Executive
Job Schedule
Full-Time
Brands
ACCOR
Job type
Permanent
Locations
Auckland
Job Category
Revenue Management & Pricing
Description
Lead revenue management strategy for an allocated number of hotels across multiple Accor brands.Develop and implement pricing, inventory and distribution strategies to maximise revenue and market shar
Reference
5b070637-b65e-4ec0-8487-ed9230cbbef1
Expiry Date
01/01/0001