Crescent Hotels & Resorts logo
Crescent Hotels & Resorts

Bold Strategy, Innovative Spirit

Vice President of Revenue Strategy

Revenue OperationsRevenue OperationsFull TimeRemoteLeadTeam 5,001-10,000Since 2001H1B No SponsorCompany SiteLinkedIn

Location

Virginia

Posted

13 hours ago

Salary

$160K - $180K / year

Seniority

Lead

5 yrs expEnglish

Job Description

Vice President of Revenue Strategy

Crescent Hotels & Resorts

• The VP serves as a strategic thought partner to hotel ownership and Crescent leadership—driving revenue growth, profitability, and market share while developing and mentoring a high-performing team of Area Directors of Revenue Strategy • Leverage practical management experience to set realistic goals and allocate suitable resources to achieve them • Develop relationships with all leaders within Crescent, ownership groups, asset managers, operations, sales, digital, business development, and finance to create and execute yield-generating strategies, assess hotel offerings, and identify pricing opportunities • Work with area and corporate directors to maximize time spent with hotel teams to efficiently execute strategies • Engage the digital department to provide ideas and support for online distribution of strategies and creative assets for strategy optimization in the digital space • Identify weaknesses, develop solutions, implement corrective measures, and hold teams accountable to achieve desired outcomes • Monitor performance and manage proper hotel metrics, including KPIs and index scorecards • Develop and execute initiatives that increase revenue and market share • Develop and utilize advanced analytical models that measure elasticity and yield • Assess pricing strategies for ancillary offerings and total hotel revenue • Effectively communicate company revenue management standards through property visits, remote auditing, training, and analysis of hotel revenue performance against established goals • Lead a team of revenue managers to drive property and regional performance, improve business processes, and manage high-profile strategic accounts • Train and coach property leaders on producing accurate revenue forecasts by market segment, including 30-, 60-, and 90-day forecasts on an ongoing basis • Lower distribution costs across all channels, including CRO, GDS, brand.com, and third-party channels • Display leadership skills that inspire and encourage staff to deliver the highest standard of revenue strategy and management

Job Requirements

  • 5+ years of hotel revenue and/or yield management experience is required
  • Strong experience with independent/soft-brand hotels and multi-brand portfolios is required
  • Excellent analytical skills with the ability to effectively gather, analyze, and utilize key data to support proposed initiatives
  • Ability to build relationships with hotel teams and senior operations leaders, as well as confidence with ownership groups
  • Willingness to travel as needed is required

Benefits

  • Highly competitive wages of $160,000 - $180,000 annually based on experience
  • An exceptional benefit plan for eligible associates & your family members
  • 401K matching program for eligible associates
  • Flexible scheduling to allow you to focus on what is important to you
  • Discounts with our Crescent managed properties in North America for you & your family members

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