Director of Revenue Management at Dreamscape Hospitality

Santa Monica, California, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Apr, 26

Salary

0.0

Posted On

14 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Revenue Management, Pricing Strategies, Forecasting, Budgeting, Market Analysis, Sales Collaboration, Data Analysis, Leadership, Channel Management, Inventory Management, Performance Metrics, Competitive Analysis, Process Automation, System Enhancements, Data Integrity, Promotional Campaigns

Industry

Hospitality

Description

Description Director of Revenue Management Reports to: General Manager Department: Revenue Management Position Summary The Director of Revenue Management is responsible for maximizing total hotel revenue through strategic pricing, inventory management, forecasting, and market analysis. This role oversees room revenue, distribution channels, and demand strategies while collaborating with Sales, Marketing, and Operations to drive profitability and optimize RevPAR, ADR, and occupancy. Key Responsibilities Revenue Strategy & Yield Management Develop and execute revenue strategies to maximize RevPAR, ADR, and occupancy Set pricing strategies based on demand, market conditions, and competitive analysis Optimize room inventory allocation across all distribution channels Forecasting & Budgeting Prepare daily, weekly, monthly, and annual revenue forecasts Lead the annual budgeting process and ongoing forecast updates Analyze variances and recommend corrective actions Distribution & Channel Management Manage OTA, GDS, brand.com, and direct booking strategies Monitor channel costs, commissions, and profitability Ensure rate parity and content accuracy across all platforms Market & Competitive Analysis Conduct ongoing competitive set analysis and market trend evaluations Monitor demand drivers, seasonality, and local events Leverage STR and other benchmarking tools to assess performance Sales & Marketing Collaboration Partner with Sales and Marketing to align pricing with group, transient, and corporate strategies Support promotional campaigns and packaging decisions Provide data-driven insights to optimize segmentation and mix Systems & Technology Manage and optimize RMS, PMS, CRS, and channel management systems Ensure data integrity and reporting accuracy Identify opportunities for process automation and system enhancements Leadership & Training Lead and develop the revenue management team Train property leadership on revenue strategies and performance metrics Foster a culture of data-driven decision-making Compensation & Benefits Competitive salary and incentive bonus Hotel discounts and travel benefits Comprehensive benefits package This job description is not intended to be all-inclusive; additional details will be specified by the direct supervisor. The associate may also perform other reasonable business duties assigned by their direct supervisor. Dreamscape Hospitality reserves the right to change this job description, job responsibilities, duties, and working hours as needs prevail. Dreamscape Hospitality is an at-will employer. This document does not constitute a contract of employment, and nothing contained in this job description issued by Dreamscape Hospitality is intended to create a contract of employment or guarantee employment. is a guideline and does not constitute a written or implied employment contract. Requirements Required Bachelor’s degree in Hospitality Management, Business, Finance, or related field 5–8+ years of progressive experience in hotel revenue management Strong knowledge of hotel pricing, forecasting, and distribution strategies Experience with Hyatt brand systems or IDeaS RMS. This position is based on property. Preferred Experience with luxury, lifestyle, or resort properties Advanced Excel and data analysis skills Key Performance Indicators (KPIs) RevPAR, ADR, Occupancy Channel mix and distribution cost Forecast accuracy Market share (STR) performance Performance will be measured against budget.

Responsibilities

The Director of Revenue Management is responsible for maximizing hotel revenue through strategic pricing, inventory management, and market analysis. This role collaborates with various departments to optimize profitability and drive key performance indicators.