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Hersha Hospitality Management

Manages hotels and investments for owners

Regional Director of Revenue Management

Business OperationsUpdated on Nov 13
Full-timeWashington, DC, USA$175k - $195kIn-person

About the Job

Requirements

  • An Associate’s or Bachelor’s degree in Hospitality or a related field is required.
  • At least 5 years of experience in the Revenue Management discipline, with previous leadership experience in the function, is required.
  • High proficiency using applicable property management systems, central reservation systems, and revenue management systems is required.
  • Experience with Microsoft Office, Smith Travel Reports, Rubicon Marketvision or TravelclickRateView, and Hotelligence 360 is required.
  • Availability to work a varying schedule that may include holidays and weekends is required.
  • Ability to stand for extended periods; walk; push; lift up to 25 pounds; bend and reach; and stoop, kneel, or crouch is required.

Responsibilities

  • Train, manage, and mentor other Area Directors of Revenue Management in performing their functions.
  • Control room rates and availability according to established guidelines to maximize occupancy and revenue.
  • Develop, communicate, and implement sales strategies, business mix, channel management, pricing strategies, reservation systems, and related policies.
  • Prepare for and conduct weekly Revenue Management meetings covering rate and inventory strategies, transient and group pace, competitive business analysis, and financial forecasts.
  • Initiate short- and long-term revenue forecasts and generate weekly and monthly critiques, identifying opportunities and strategies to improve revenue and overall profitability.
  • Measure and analyze booking trends, pickup, no-shows, and sources of business.
  • Manage and produce rate strategy tiers, booking pace by market segment, GDS, inventory, and monthly results.
  • Work with different departments to establish shared goals and action plans for optimal revenue management.
  • Work promptly and accurately during periods of high pressure.
  • Interview, select, train, schedule, coach, and support associates, ensuring they follow established brand or hotel standards and HHM core values.
  • Establish and maintain meaningful external and internal relationships.
  • Perform other duties as requested by management.

About the Company

Hersha Hospitality Management

Manages hotels and investments for owners

HHM Hospitality Management (HHM) runs and oversees hotels for owners and investors across the United States. It provides hotel management and investment services, handling day-to-day operations, sales, marketing, and financial performance to improve profitability. The main product is the management of hotel properties on behalf of owners, with revenue coming from management fees, shared incentives based on performance, and returns from investments. HHM differentiates itself through deep industry experience, a strong leadership team, and a broad U.S. portfolio that serves both business and leisure travelers, plus a commitment to community engagement and sustainability. The company’s goal is to help property owners maximize efficiency and profitability while delivering quality guest experiences and contributing to local communities.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Philadelphia, PA
Founded
2006

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