Regional Director of Revenue Management (Remote...

Description REGIONAL DIRECTOR OF REVENUE MANAGEMENT (remote) POSITION PROFILE The Director of Revenue Management will set rate and revenue strategies for Palisociety properties in conjunction with guidance from the Managing Director of Revenue Management. This position is responsible for providing oversight to ensure exceptional financial results for their assigned portfolio and ensure strategies are executed. This is a Pacific Time Zone remote position. ABOUT PALISOCIETY Palisociety is looking for a Regional Director of Revenue Management to join our Revenue Management team. Palisociety is a collection of unique hotels and residences that aim to enhance the lives of our guests and our communities by creating one-of-a-kind, neighborhood-centric places filled with interesting people and friendly staff providing trusty service. We take to heart that few things in life are as transformative as the people and places you encounter when traveling - and seek to bring that inspiration into everything we do Palisociety is a fully integrated hospitality company that acquires, designs, develops, owns and operates unique hotels and residences across the country under four distinct monikers: Palihouse, Palihotel, Le Petit Pali, ARRIVE by Palisociety and a collection of independently branded properties. The company's proprietary brands, development and operational expertise also includes specialized retail spaces, highly curated restaurants, bars and event venues. Palisociety properties have been featured on Condé Nast Traveler' Hot List, Travel + Leisure IT List, and more, with accolades from the New York Times, Architectural Digest, Wallpaper* and countless others. Avi Brosh founded Palisociety in 1998 in Los Angeles. For more information, visit or follow THE TASK AT HAND: REVENUE: • Highly experienced with revenue management with a history of strong RevPAR penetration simultaneously at multiple properties • Self-driven with an entrepreneur spirit who works autonomously and is face-paced • Strong communication skills with the capability to captivate and engage individuals on presentations, including weekly Revenue Strategy meetings and Quarterly Owners Calls • Contribute to the financial success of the hotel via participation in monthly forecasting, annual budgeting, and sales and marketing plan process • The ability to lead and train a team to work cohesively on optimizing RevPAR penetration • Monitor and analyze the competition, local events, and activities daily to quickly input pricing, inventory, and restriction changes to identify market trends and opportunities. • Generate and distribute daily, weekly, and monthly revenue management reports and present results from all segments, including internet channels. • Work with Sales, Marketing, Food and Beverage, Operations, and Accounting to ensure total revenue gets maximized. • Ensure rate parity and strategies are on all OTA sites, property websites, GDS, and other areas where hotel rates will show. • Enter daily star data into partner portal; daily, weekly and monthly revenue metrics reports • Work with the property teams to control cancellations, no shows, and early checkouts to maximize revenues • Daily audits of arrivals, no-show, zero rate, changes made, newly created reservations, and cancelation reports to ensure accuracy and find opportunities. • Follow and enforce all hotel credit rules through the use of building rate codes and policies, in addition to auditing for problems and educating individuals on processes. • Reviewing the travel agent commission's reports monthly • Communicating strategies and procedures to other departments as required • Maintain historical statistical data from all distribution channels in all market segments. COMMUNICATION & ORGANIZATION: • Multitask, meet deadlines, follow up on special projects, communicate exceptionally well. • Have encouraging morale and excitement amongst the team • Seek to develop best practices for all areas of responsibility • Work side by side with the Executive Team to ensure a cohesive spirit and goal achievement • Work to create strong relationships with Palisociety vendors and Suppliers. WHAT WE'RE LOOKING FOR: • Must possess a positive attitude and be service oriented. • Must possess strong hospitality business acumen. • Must be able to multi-task. • Must possess excellent interpersonal, analytical, and managerial organizational skills. • Ability to perform job functions with attention to detail, speed, and accuracy. • Ability to work in a fast-pace environment. • Ability to work with several properties and adapt to their own uniqueness/needs. • Ability to prioritize and organize. • Be a clear thinker, remaining calm and resolving problems using good judgment. • Proficient in Microsoft Office applications (Excel, Word); ability to adapt to new technology and systems. • PMS - Opera, StayNTouch, Mews Experience Preferred • RMS - Duetto Experience Preferred • CRS - Sabre Synxis Expe