Director of Revenue

7 days ago

Toronto, Canada DoubleTree by Hilton Toronto Downtown Full time

Job Title: Director of Revenue

Hotel: DoubleTree by Hilton Toronto Downtown

Reports to: General Manager

Job Summary:
Key Responsibilities:
1. Revenue Strategy and Planning:

- Develop, implement, and monitor comprehensive revenue strategies to drive hotel revenue growth and optimize profitability.
- Conduct market research and analyze competitor data to stay informed about market trends and adjust revenue strategies accordingly.
- Collaborate with the General Manager, other department heads, and Hilton's revenue management team to align revenue strategies with hotel goals and brand initiatives.

2. Revenue Management and Analysis:

- Analyze hotel revenue performance and identify areas for improvement.
- Monitor and adjust room rates, occupancy, and RevPAR to optimize revenue.
- Develop and maintain reports to track revenue performance and provide insights for future strategy development.

3. Room Inventory Management:

- Oversee room inventory management to maximize revenue and occupancy.
- Ensure accurate room availability and rate information is maintained across all distribution channels.

4. Group and Catering Sales Support:

- Collaborate with the sales team to optimize group and catering revenue.
- Provide revenue guidance and support to ensure profitable group and catering business.

5. Leadership and Team Management:

- Lead, motivate, and develop a high-performing revenue management team.
- Foster a culture of collaboration, innovation, and continuous improvement within the team.

6. Communication and Collaboration:

- Communicate revenue strategies, results, and insights to hotel staff, management, and Hilton's revenue management team.
- Collaborate with other departments to ensure alignment and effective implementation of revenue strategies.

7. System Management and Reporting:

- Oversee the maintenance of accurate and up-to-date information in the hotel's revenue management system.
- Generate reports to track revenue performance and provide insights for future strategy development.

**Requirements**:
1. Education and Experience:

- Bachelor's degree in Hospitality, Business Administration, or related field.
- Minimum 5 years of revenue management experience in a hotel environment, with at least 2 years in a leadership role.
- Hilton brand experience with knowledge of GRO, R&I and OnQ will be preferred

2. Skills and Knowledge:

- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work in a fast-paced environment and prioritize multiple tasks.
- Proficient in revenue management systems, such as Hilton's OnQ Revenue Management System.
- Knowledge of hotel operations, including front office, sales, and catering.

Join our team as a Revenue Manager where you can make a significant impact on our financial success while advancing your career in a supportive environment.

**Job Types**: Full-time, Permanent

Pay: From $65,000.00 per year

**Benefits**:

- Dental care
- Extended health care
- Vision care

Work Location: In person

Application deadline: 2024-12-19

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