Director of Revenue Management

at  Omni Hotels Resorts

Fort Lauderdale, FL 33316, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate07 May, 2025Not Specified07 Feb, 2025N/ASelf Confidence,Business Ethics,Powerpoint,Organization Skills,Interpersonal Skills,Communication Skills,Microsoft Word,Presentations,ExcelNoNo
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Description:

FORT LAUDERDALE HOTEL

Opening in Fall 2025, Omni Fort Lauderdale will provide South Florida with 120,000 square feet of event space, new food and beverage options, a Natural Spring inspired full-service spa and entertainment pedestrian plaza featuring high-end shopping, amphitheater, charter boat docking and beautiful promenade. The new iconic landmark offers unforgettable views of the Atlantic paired with unrivalled convenience and intelligently designed meeting spaces. The hotel will be directly connected to the Broward County Convention Center, immediately adjacent to Port Everglades cruise terminal and less than two miles from Fort Lauderdale Airport.
Job Description:
Be a part of the pre-opening team for the Omni Ft. Lauderdale Hotel!
Opening Fall 2025, the Omni Ft. Lauderdale Hotel is a 29-story hotel, located at 1950 Eisenhower Blvd, and connected directly to the Broward County Convention. The property offers 801 guest rooms and suites, multiple restaurants, a vibrant rooftop bar, a sprawling pool, spa, and fitness center. The hotel will also have over 120,000 square feet of indoor and outdoor meeting and event space, including a grand ballroom, junior ballroom, 25 breakout rooms and pre-function meeting space with waterfront views.
Omni Ft. Lauderdale Hotel is seeking a highly skilled and experienced Director of Revenue Management to join the pre-opening team as part of the Executive Committee. This role will strategically coordinate the revenue management processes and procedures for hotel’s guest room, F&B, meeting space, and ancillary departments’ revenues (Total Hotel Revenue Management). This is accomplished by managing and maintaining group and transient inventory controls, developing, monitoring, and adjusting sales and pricing strategies for all revenue areas, analyzing demand factors, forecasting, and budgeting, competitive analysis, and maintaining distribution channel data integrity.
This position with be on-site at the Fort Lauderdale Hotel in Fort Lauderdale, FL.

Responsibilities:

  • Lead a consistent and robust revenue management program consistent with upscale, full-service hotels and resorts
  • Provide strategic leadership to the Rooms, Hotel Sales & Marketing, Food & Beverage, and Other Departments, contributing to superior revenue growth and overall profitability of the hotel
  • Support the General Manager, Rooms, Hotel Sales & Marketing, Food & Beverage, and Other Departments by providing pertinent information and tools to enhance the property’s sales and marketing efforts and decision-making processes
  • Identify, communicate, and execute opportunities to increase incremental revenue based on historical demand, regional, seasonal, and competitive influences and market, group performance, price sensitivity by market segment, demand, and reservation costs across multiple sales channels
  • This position, with assistance from the Director of Sales & Marketing, will provide short-term and long-term rooms revenue projections, including weekly, monthly, quarterly, and full-year projections
  • Effectively incorporate Omni Hotels & Resorts revenue management philosophy in all aspects of sales, marketing, and operations, including training and information sessions on behalf of all revenue generating positions
  • Conduct weekly revenue management meetings and as chair give synopsis of past strategies versus results. Lead the discussion on current/future issues. Stimulate discussions and analysis to determine effectiveness of selling, pricing and distribution strategies and determine the appropriate mix of business that will allow hotel to maximize both RevPAR and Market Share through appropriate mix management
  • Superior knowledge of CRS, RMS, and PMS systems to manage and maintain group and transient inventory and pricing controls for designated hotels (including as needed on weekends)
  • Responsible for the monitoring/maintenance of software programs including interfaces that support the management of room revenue
  • Support the company in technical transitions aimed at supporting the management of room revenue as they occur
  • Work with Convention Services and Reservations as needed to ensure effective and efficient management of group inventory daily – provide direction when needed on cutoff date extensions and additions to inventory
  • Attend each hotel’s weekly group-pick-up meetings to ensure group inventory management is in place. Lead meetings when needed
  • Coordinate and implement updates for Transient Protected in Sales System for the 1 – 5-year window
  • Utilize Omni’s Space Demand system to analyze trends and provide insight for meeting space pricing and revenue optimization
  • Lead development of key budgetary and forecast goals and objectives for Transient market segments with input on Group market segments. Develop budget to actual feedback and comparisons and report monthly achievements
  • Prepare 30-60-90 Day Transient Revenue Forecast monthly for presentation. Develop, monitor, and maintain all short term and long-term forecasts as outlined by company standards with forecasting to be demand-based to coincide with pricing strategy
  • Research, identify and develop revenue management opportunities, techniques and practices that contribute to superior RevPAR growth and market share increase
  • Explore market mix variations that would stimulate revenues
  • Analyze trends by market segment based on day of week, booking window and season to better develop pricing strategies
  • Transform theoretical knowledge gained from analysis into the business cycle, booking cycle and long-term strategic planning
  • Understand current Demand Generation climate and provide recommendations
  • Review all daily, weekly, and monthly booking pace reports for analysis on pace to recommend strategy changes
  • Monitor LOS and hurdle strategies recommended by RMS for market segments to maximize revenue contribution
  • Review each property’s annual pricing configuration, provide recommendations, and implement
  • Review hotel’s as well as competitions’ rate shops for multiple GDS, OTA and meta channels to ensure proper positioning of each hotel and assess competitive environment, along with maintaining parity
  • Review Demand calendars, convention calendars and city event calendars to keep abreast of all demand generators. Ensure each property contact utilizes all necessary demand information when planning strategies
  • Oversee development of pricing strategies for all local negotiated business, as well as global/GDS accounts based on market analysis in Agency360
  • Analyze marketplace reports such as STR & Demand 360, Agency 360 and other available applications and present the revenue opportunities in the analysis
  • Research and evaluation of secondary Distribution channels to identify strategic partnerships and affiliations to maximize distribution for the hotels or organization
  • Demonstrate understanding of channel management and optimization through pricing and inventory management
  • Manage inventory and rate structure in all channels to optimize revenues and margins
  • Work with the field marketing and digital teams to optimize all channels and social networks with relevant and timely offers

Qualifications:

  • Excellent oral and written communication skills
  • Excellent organization skills, manages time well, correctly prioritizes and is flexible
  • Ability to work well under pressure and meet deadlines
  • Ability to manage and collaborate with outside departments and agencies
  • IDEAS experience preferred
  • Strong interpersonal skills and possession of a full understanding of professional business ethics, decorum, and social skills
  • Proficient in use of Microsoft Word, Excel, and PowerPoint
  • Understands Revenue Management theory and practice for rooms, F&B, and other revenue streams
  • Detail-oriented
  • Ability to perform critical analysis
  • Appropriate professional appearance and demeanor
  • Demonstrates self-confidence, energy, and enthusiasm
  • Ability to deliver presentations in a concise, well-organized manner
  • Bachelor’s degree preferred or equivalent combination of education and experience
  • Minimum 3-5 years of experience as a Director of Revenue Management in full-service/upscale hotels

Omni Hotels & Resorts is an equal opportunity employer - vets/disability. The EEO is the Law poster and its supplement are available using the following links: EEOC is the Law Poster and the following link is the OFCCP’s Pay Transparency Nondiscrimination policy statement
If you are interested in applying for employment with Omni Hotels & Resorts and need special assistance to apply for a posted position, please send an email to applicationassistance@omnihotels.com

Responsibilities:

  • Lead a consistent and robust revenue management program consistent with upscale, full-service hotels and resorts
  • Provide strategic leadership to the Rooms, Hotel Sales & Marketing, Food & Beverage, and Other Departments, contributing to superior revenue growth and overall profitability of the hotel
  • Support the General Manager, Rooms, Hotel Sales & Marketing, Food & Beverage, and Other Departments by providing pertinent information and tools to enhance the property’s sales and marketing efforts and decision-making processes
  • Identify, communicate, and execute opportunities to increase incremental revenue based on historical demand, regional, seasonal, and competitive influences and market, group performance, price sensitivity by market segment, demand, and reservation costs across multiple sales channels
  • This position, with assistance from the Director of Sales & Marketing, will provide short-term and long-term rooms revenue projections, including weekly, monthly, quarterly, and full-year projections
  • Effectively incorporate Omni Hotels & Resorts revenue management philosophy in all aspects of sales, marketing, and operations, including training and information sessions on behalf of all revenue generating positions
  • Conduct weekly revenue management meetings and as chair give synopsis of past strategies versus results. Lead the discussion on current/future issues. Stimulate discussions and analysis to determine effectiveness of selling, pricing and distribution strategies and determine the appropriate mix of business that will allow hotel to maximize both RevPAR and Market Share through appropriate mix management
  • Superior knowledge of CRS, RMS, and PMS systems to manage and maintain group and transient inventory and pricing controls for designated hotels (including as needed on weekends)
  • Responsible for the monitoring/maintenance of software programs including interfaces that support the management of room revenue
  • Support the company in technical transitions aimed at supporting the management of room revenue as they occur
  • Work with Convention Services and Reservations as needed to ensure effective and efficient management of group inventory daily – provide direction when needed on cutoff date extensions and additions to inventory
  • Attend each hotel’s weekly group-pick-up meetings to ensure group inventory management is in place. Lead meetings when needed
  • Coordinate and implement updates for Transient Protected in Sales System for the 1 – 5-year window
  • Utilize Omni’s Space Demand system to analyze trends and provide insight for meeting space pricing and revenue optimization
  • Lead development of key budgetary and forecast goals and objectives for Transient market segments with input on Group market segments. Develop budget to actual feedback and comparisons and report monthly achievements
  • Prepare 30-60-90 Day Transient Revenue Forecast monthly for presentation. Develop, monitor, and maintain all short term and long-term forecasts as outlined by company standards with forecasting to be demand-based to coincide with pricing strategy
  • Research, identify and develop revenue management opportunities, techniques and practices that contribute to superior RevPAR growth and market share increase
  • Explore market mix variations that would stimulate revenues
  • Analyze trends by market segment based on day of week, booking window and season to better develop pricing strategies
  • Transform theoretical knowledge gained from analysis into the business cycle, booking cycle and long-term strategic planning
  • Understand current Demand Generation climate and provide recommendations
  • Review all daily, weekly, and monthly booking pace reports for analysis on pace to recommend strategy changes
  • Monitor LOS and hurdle strategies recommended by RMS for market segments to maximize revenue contribution
  • Review each property’s annual pricing configuration, provide recommendations, and implement
  • Review hotel’s as well as competitions’ rate shops for multiple GDS, OTA and meta channels to ensure proper positioning of each hotel and assess competitive environment, along with maintaining parity
  • Review Demand calendars, convention calendars and city event calendars to keep abreast of all demand generators. Ensure each property contact utilizes all necessary demand information when planning strategies
  • Oversee development of pricing strategies for all local negotiated business, as well as global/GDS accounts based on market analysis in Agency360
  • Analyze marketplace reports such as STR & Demand 360, Agency 360 and other available applications and present the revenue opportunities in the analysis
  • Research and evaluation of secondary Distribution channels to identify strategic partnerships and affiliations to maximize distribution for the hotels or organization
  • Demonstrate understanding of channel management and optimization through pricing and inventory management
  • Manage inventory and rate structure in all channels to optimize revenues and margins
  • Work with the field marketing and digital teams to optimize all channels and social networks with relevant and timely offer


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Hospitality

Marketing / Advertising / MR / PR

Hospitality

Graduate

Proficient

1

Fort Lauderdale, FL 33316, USA