Area Director Revenue Strategy
4 days ago
**Job Number** 23098372
**Job Category** Revenue Management
**Location** Singapore Regional Office, 2 Harbourfront Place #06-08, Singapore, Singapore, Singapore
**Schedule** Full-Time
**Located Remotely?** N
**Relocation?** Y
**Position Type** Management
**JOB SUMMARY**
The Area Director of Revenue Strategy (ADRS) - Singapore & Maldives provides support to cluster and hotel revenue management teams across all brands or in the defined geographic area they support. This position works closely with the Area Vice President (AVP), General Managers and revenue teams to ensure proper strategies are in place to optimize total hotel revenue, including pricing strategy, mix management, inventory management strategies and business evaluation approaches that drive profitable revenue and RevPAR index. This role will report into Vice President Revenue Strategy - APEC, Managing Director, Luxury - APEC, Market Vice President, Singapore & Maldives and will be based in Singapore.
**CANDIDATE PROFILE**
**Education and Experience Required**
- 4-year degree from an accredited university in Business Administration, Finance, Accounting, Hotel and Restaurant Management, or related
- 6 years of relevant professional experience in revenue management or related function, demonstrating progressive career growth and pattern of exceptional performance.
**Key Experience**
- Experience leading and managing large scale initiatives and managing associated change.
- Experience evaluating business trends.
- History of consistently delivering business results.
- Lodging Industry experience
- Mastery of both the technical and strategic functions of Revenue Management (Inventory Management, Revenue Analysis, Business Evaluation and Market Strategy).
- Strong working knowledge of the most current pricing and yield management systems, processes, and principles.
- Demonstrated ability to take large volumes of complex information and present it in a clear and concise manner to senior management, owners and franchisees.
- Strong team player; ability to successfully influence stakeholders at all levels in the organization.
**CORE WORK ACTIVITIES**
- Act as the discipline expert to cluster and hotel leadership. Provide insight and context to revenue leaders, and help them meet their goals. Be a sounding-board for revenue management ideas and issues.
- Actively engage in owner support as the discipline advocate. Develop appropriate franchise and owner relationships. Ensure that owners & franchisees are considered partners in designing and implementing Revenue Management initiatives and practices.
- Provide recommendations on cluster and hotel pricing strategies, including transient, group and catering segments.
- Understand and communicates the value of Marriott International and Marriott Brands as they relate to owners, franchise partnerships, and revenue management opportunities.
- Provide pre-opening and conversion support to ensure effective pricing and revenue strategies are in place prior to hotel opening.
- Ensure that revenue, sales and marketing leaders in the region understand and actively support MI promotion, Digital and Global Distribution strategies.
- Provide insights and solutions to Sales leaders to ensure proper execution of individual hotel segment and revenue strategies.
- Assist in the development of key company-wide initiatives by providing timely and detailed feedback, as well as commitment and support. Enlist the help of regional revenue leaders and Sales, Marketing and Revenue Management (SMR) Analytics team as appropriate.
- Ensure brand standards are implemented and complied with in all revenue management efforts.
- Understand, support and implement MI’s overall transient and group pricing strategy.
- Lead the review process to help property teams identify trends and opportunities to maximize revenue for transient, group, and catering segments.
- Direct hotels and clusters on effective Strategy Meetings processes, ensuring a Total Hotel Revenue Management focus.
- Conduct audits to ensure system adoption practices are in place to optimize revenues in distribution, inventory, and yield management systems.
- Determine and communicates best practices and learnings.
- Partner closely with Area Director Sales & Marketing on cross functional initiatives. Also partners with Marketing and Digital leadership on the pull through of key discipline strategies.
- Combine the latest technology with up-to-date business concepts to maximize total hotel revenue.
- Communicate business trends to all area properties as well as key events in the city that will impact demand.
**MANAGEMENT COMPETENCIES**
**Leadership**
- **Communication**:
- Conveys information and ideas to others in a convincing and engaging manner through a variety of methods.
- **Leading Through Vision and Values** - Keeps the organization's vision and values at the forefront of decision making and action.
- **Managing Change**:
- Initiates and/or manages the c
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