Franchise Revenue Manager Job in Irving 75038, Texas Us
Franchise Revenue Manager
job description
POSITION SUMMARY
Design, develop, implement, and maintain operational systems, methods, and techniques to support Pricing and Yield Management activities and responsibilities in the field and at the regional and corporate levels. This includes development of metrics, generation and review of reports, pricing, and implementation of strategies across channels to maximize profitability by property and region. Regional Revenue Manager will be needed to provide daily and weekly training and communication to the General Managers. The travel requirements will include touring properties, regional meetings, and department meetings, up to 30%. The positions will office in the field for the region represented.
ESSENTIAL JOB FUNCTIONS
- Develop, execute, analyze and measure pricing strategies and channel production by property and region
- Be able to communicate results and provide measured results to Vice President of Revenue Management and other Operations Vice Presidents
- Create profitable price points for all offers for the Sales department and Marketing promotions
- Influence the property managers to effectively implement pricing and strategy changes
- Build and maintain partnerships with the General Managers, Regional Sales Managers and Regional Vice Presidents
- Create ad-hoc reporting or tools to identify opportunities
- Effectively manage restrictions and settings (MLOS, Levels, Pricing) within NetRez (CRS)
ESSENTIAL JOB FUNCTIONS
- Provide specific, actionable information to RVPs and General Managers that allow the company to maximize revenue
- Lead Operation’s initiatives to improve results that may trend negatively
- Provide action items and measure results on a weekly basis
- Communicate effectively best practices amongst peer group
- Forecast property revenues
- Understand and make decisions based on booking pace
- Participate in the budget process (Holidays, Special Events, Day of Week, etc…)
- Manage additional projects as needed
EDUCATION/EXPERIENCE/SKILLS REQUIRED
- Bachelor’s degree in Hospitality, Marketing, Economics, Finance, or related field required
- At least 2-4 years of experience as a Revenue Manager
- Strong analytical experience
- Strong Verbal and Written communication skills
- Strong knowledge of Microsoft Excel
- Basic understanding of Microsoft Access
- Strong project management experience
- Independent and self-motivated
- Detail oriented
- Time management
- Travel up to 30%
See Job Description
work on the bright side®
Welcome to the Bright Side® at La Quinta Inns Suites®.
Who is La Quinta?
We help brighten the day of our busy, practical, hardworking travelers and help them take care of their business or leisure travel needs. We provide the best hotel rooms, warmest hotel atmosphere and most courteous service in our market segment at every hotel, every night.
- Fastest growing limited-service hotels in the North America
- Operate and provide franchise services with over 65,000 rooms in over 700 properties
- Locations in 46 states plus Canada and Mexico under the names La Quinta Inns and La Quinta Inns Suites
- Based out of Dallas, Texas, over 9,000 employees nationwide work on the Bright Side
Our Goal, it's easy
We want for every guest to wake up on the bright side while staying at our hotel. We offer clean and comfortable guest rooms with a dose of advertising humor to help our guest feel optimistic and happy no matter what the day holds. A great portion of this comes directly from our employees attitudes. And as if that wasn’t enough, we offer our guest free Bright Side™ breakfast, free hi-speed Internet while they stay with us and comfy beds. Many of our properties include pools and well equipped work-out facilities.
What sets us apart?
Every team member plays a vital role in the success of our family and growth. We are not a conglomerate of hotels brands that make decision on panel of “experts”. We make an effort to know all our employees and help them grow through our training program. While we may be one of the largest owner-operators of hotels in North America, we are a family first.
La Quinta is proud to be the only hotel company who has been accepted as a member of AARP’s National Employer Team and the first hotel company certified as an Age Friendly Employer by RetirementJobs.com.
Our Philosophy
At La Quinta, we have a culture by which we are never satisfied. It doesn’t matter how well we have done something in the past or how well we may do it today, our goal is to continually improve. Our operating philosophy is very simple:
- Take care of our employees
- Take care of our guests
- Keep the hotels spotlessly clean and well maintained
Everything we do at La Quinta truly revolves around our people, our product and our service.
Benefits
We work just as hard to create a work environment that’s equally inviting and with many benefits:
- Medical insurance
- Dental insurance
- Life insurance
- Vision coverage
- Disability
- Paid vacation
- Tuition reimbursement
- Discounted hotel stay at all of our locations
- Flex Spending account plans
- 401K