Franchise Hotel - Revenue Manager for InterContinental Bellevue at the Avenue

About Us

The “Avenue Bellevue” development is a newly constructed mixed-use hotel, retail & residence project "The Avenue" consisting of 365 luxury serviced condominium units in 2 towers opening October 2023, surrounded and in synergy with the 208 rooms and suite first class “InterContinental Hotel Bellevue”, convention center, several restaurants, 1,000 unit parking garage and extensive 100.000sf luxury retail space.

Your day to day

JOB OVERVIEW:
Implement and support company pricing, market strategy, yield, distribution & selling strategies, and revenue management best practices.  Manage hotel revenue generation & maximization through full utilization of company systems, business processes and specifications.

DUTIES & RESPONSIBILITIES:

Conduct a weekly Revenue Management Meeting where the current 120-day booking period is evaluated for proper rate and availability control.  As chairperson, the Revenue Manager gives a synopsis of results vs. decision from the previous week and leads discussion on future issues.
Prepare all reports and analyses necessary to conduct the above-stated meeting.
Receive all definite and tentative group bookings and provide the General Manager with qualified analysis of how each booking will impact occupancy, average rate, and rooms profit over the dates in question.  Review and approve all group proposals with Sales and/or General Manager.

Collaborate with Sales Department on group rates.
Explore and provide variations in the market mix which would stimulate additional revenue without increasing costs.
Oversee and evaluate the effectiveness of any internal incentive programs for Front Office, Reservations, Sales and Convention Services.  Then provide the General Manager with clear payback analysis.  Assist the General Manager in making necessary adjustments to any program.
Responsible for the maintenance of any software programs which contribute to the management of room’s revenue, including HIRO, Encore and Daylight Group Sales System.
Work closely with the Director of Sales & Marketing, The Front Office Manager to ensure their departmental objectives and responsibilities The Hotel Management Group are met without having a negative impact on total rooms revenue management.  This is with special attention to Corporate Marketing Programs, Special Promotions, Local Volume Accounts, Corporate Negotiated Accounts.
Prepare quarterly reports for the V/P of Revenue Management. Include a detailed analysis on The Impact of Group Bookings, Adjustments to the current Year Forecast, and Analysis of Variances.
Establish hotel pricing levels in all segments.
Responsible for the daily room inventory management process.  Actively monitor group blocks to determine rooms availability for sale.
Works closely with the Regional Director of Revenue Management, hotel sales and hotel management to establish and implement pricing, yield, and selling strategies for the hotel, based on market factors and company guidelines.
Monitor competitor strategies and data; maintain understanding of the dynamics of the local market and demand generators and present appropriate action plans to management.  Monitor and communicate fluctuations in occupancy to operational departments so they can effectively manage staffing requirements and increase efficiency.
Assist with the annual hotel budget development and ongoing results analysis.
Promote teamwork and quality service through daily communication/briefings and coordination with other departments.

Interact with outside contracts:  guests, Corporate Revenue and other contacts as needed.

What we need from you

QUALIFICATIONS AND REQUIREMENTS:
bachelor’s degree in Hotel Administration, Business Administration and 2 years hotel management experience.  Previous Revenue Management or Pricing experience is preferred.  Must speak fluent English.

Communication skills are utilized a significant amount of time when interacting with others; demonstrated ability to interact with customers, employees and third parties that reflects highly on the hotel, the brand and the Company.
Mathematical skills, including basic math, budgeting, profit/loss concepts, percentages and variances are utilized frequently.
Understanding of microeconomics as it applies to hotel business.
Demonstrate knowledge of effective hotel pricing concepts, yield management optimization and selling strategies, and ability to determine which concepts to apply in given market conditions.
Strong computer skills are required.
Problem solving, reasoning, motivating, organizational and training abilities are used often.
Ability to travel to attend workshops, specialized training and or certifications.
May be required to work nights, weekends, and/or holidays.

What we offer

We give our people everything they need to succeed. From a competitive salary that rewards all your hard work to a wide range of benefits designed to help you live your best work life.
We welcome everyone and create inclusive teams where we celebrate difference and encourage colleagues to bring their whole selves to work. We are an equal opportunity employer and offer opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. We promote a culture of trust, support, and acceptance. Always welcoming different backgrounds, experiences, and perspectives.
So, join us and you’ll become part of our hotel family.

In addition to competitive salary, we also offer a comprehensive benefits program.

·             Medical, dental and vision insurance

·             Free parking

·             Supplemental Medical insurance including Hospital Indemnity, Accident insurance and critical illness

·             Basic Life and accidental dismemberment

·             Life insurance buy ups

·             Employee assistance programs

·             Competitive matching 401 k

·             Pet insurance

·             Hotel discounts program

·             Paid time off

·             Paid Holidays