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Highgate

Hospitality and travel-focused venture capital

Director of Revenue Management

Business & StrategyUpdated on Nov 10
Full-timeAtlanta, GA, USANo salary listed

About the Job

Requirements

  • A minimum of 4 years of experience in the Revenue Management field is required.
  • A Bachelor's Degree is required.
  • In-depth knowledge of industry reports such as STR, Agency 360, Demand 360, and OTA Insights is required.
  • Proficiency in Microsoft Excel, Word, and PowerPoint is required.
  • The candidate must be able to work quickly in a high-pressure and high-stress environment.
  • The candidate must be able to communicate clearly both verbally and in writing.
  • Strong time-management skills are required.
  • Strong attention to detail and follow-up are required.
  • Flexibility to work long hours when required is necessary.

Responsibilities

  • Establish hotel pricing levels across all market segments and room types.
  • Manage daily room inventory and pricing.
  • Monitor competitor rates, positioning, strategies, and data; understand local market dynamics and demand generators; and present appropriate action plans to management.
  • Monitor and communicate occupancy fluctuations to operational departments so they can manage staffing requirements effectively and improve efficiency.
  • Analyze local events and activities and project the opportunities they create.
  • Understand macroeconomic and microeconomic variables affecting local supply and demand, and use this knowledge to create accurate operational and financial room revenue forecasts.
  • Perform unconstrained demand analysis to determine the optimal business mix.
  • Prepare short- and long-term forecasts, including weekly, 30-, 60-, and 90-day, in-month, and full-year forecasts.
  • Oversee evaluation of contracted business opportunities presented through Sales, including group, wholesale, and corporate-negotiated business, ensuring a timely response while maximizing profits.
  • Maintain software programs used to manage room revenue, including the central reservation system, revenue management system, property management system, and Sales & Catering system.
  • Monitor the RevPAR index on STR reports and provide critical performance analysis weekly and monthly.
  • Prepare the annual rooms revenue budget.
  • Chair weekly Revenue Strategy meetings to formulate and communicate strategies and tactics, revisit prior decisions, assess their effectiveness, and promote learning.
  • Prepare and present monthly and/or quarterly presentations to ownership.
  • Ensure all distribution channels have accurate content and pricing.
  • Develop and maintain relationships with OTA market managers to maximize channel opportunities.
  • Develop and maintain relationships with other market Directors of Revenue to build a local peer network.
  • Develop subordinates by providing individual attention, internal and external training, and participation in industry events to support growth in Revenue Management and leadership skills.
  • Manage digital marketing, including pay-per-click campaigns, email blasts, and GDS advertising.
  • Establish and communicate sales strategy for the day, week, month, and rolling 12 months.
  • Communicate strategy changes and update calendars for the sales team.
  • Analyze prior-night performance, including sellouts and overselling decisions, and address opportunities in the Highgate Hotel Business Review morning meeting.
  • Place test calls to the Central Reservation Office and property to verify rate quoting, restrictions, and sales approach.
  • Communicate group cutoff dates and verify pickup against actual room blocks and cutoff dates.
  • Ensure the daily Flash Report is accurate and review actual performance against potential performance.
  • Complete required month-end reports with detailed analysis and, when necessary, prepare action plans for the property to increase production and revenue.
  • Review Agency 360 reports for trends, booking windows, sources of business, and rates compared with competitors.
  • Review volume-account production with the Transient Sales Manager and Director of Sales.
  • Communicate attentively and courteously with employees and guests, listen to and clarify their concerns, and maintain a service-oriented demeanor.
  • Prioritize departmental functions and multitask to meet deadlines.
  • Attend required hotel meetings and training.
  • Maintain regular attendance in accordance with hotel standards and scheduling needs.
  • Maintain personal appearance and grooming standards, including wearing a name tag.
  • Comply with hotel standards and regulations to support safe and efficient operations.
  • Improve productivity, identify problem areas, and assist with implementing solutions.
  • Anticipate, prevent, identify, and resolve problems.
  • Evaluate complex information and data from various sources to meet objectives.
  • Maintain confidentiality of information.
  • Perform other duties as requested by management.

About the Company

Highgate

Hospitality and travel-focused venture capital

HTV is the venture capital arm of Highgate, funding early-stage and growth-stage technology companies that serve the hospitality and travel industries, with a focus on Seed and Series A rounds in North America and Europe. It backs startups in areas like revenue management, B2B marketplaces, business intelligence, alternative accommodations, and restaurant tech, providing capital and strategic support to help them scale. HTV stands out by combining hospitality domain expertise with venture funding, leveraging Highgate’s asset base of over 500 owned or managed hotels, 84,000+ rooms, and more than $20 billion in assets under management to accelerate portfolio growth. Its goal is to grow tech-enabled hospitality and travel ecosystems by aligning portfolio company success with Highgate’s network, resources, and strategic interests.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
New York City, New York
Founded
Not listed

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