Assistant Director of Revenue Management - Hilton New York Midtown

Assistant Director Of Revenue Management

Hilton New York Midtown is looking for their next Assistant Director of Revenue Management to join their dynamic Revenue Management team! Hilton New York Midtown boasts 1,878 rooms and over 150,000 square feet of meeting space and is in the center of the cultural, culinary and commercial hub of Manhattan, near iconic sights including Central Park, Radio City Music Hall, and Rockefeller Center.

The Assistant Director of Revenue Management at Hilton New York Midtown plays a crucial role in maximizing room and ancillary revenue and enhancing the Revenue Per Available Room (RevPAR) Index for the hotel. This position involves assisting the Director of Revenue in managing transient, group, and permanent inventories, analyzing market trends, and implementing pricing strategies to ensure financial profitability while delivering exceptional guest service. The role requires collaboration with hotel and regional leadership to drive performance across various revenue streams and marketing initiatives.

The ideal candidate will have a min of 3 years of Revenue Management experience working in hotels, with Hilton experience required and has a strategic mindset. To be successful in this role, any background and experience in Reservations and commercial services is preferred, as you will work very closely with these departments.

Shift Pattern: This is an on-site role - Monday - Friday.

Salary Range: $110,000 - $120,000 per year, final offer based on experience.

The Benefits: Hilton is proud to support the mental and physical wellbeing of all Team Members so they can Thrive personally and professionally in a diverse and inclusive environment, thanks to innovative programs and benefits such as:

• Access to your pay when you need it through DailyPay
• Medical insurance coverage for you and your family
• Mental health resources
• Best-in-class paid time off (PTO)
• Go Hilton travel discount program
• Supportive parental leave
• Matching 401(k)
• Employee stock purchase program (ESPP) with a 15% discount
• Debt-free education: Access to a variety of educational credentials, including college degrees, professional certificates, and more
• Career growth and development opportunities
• Team Member Resource Groups
• Recognition and rewards programs

What Will I Be Doing?

• Use tools and reporting available to identify opportunities and take appropriate action to improve hotel revenue performance and RevPar index as directed by Revenue Leadership.
• Lead and maintain transient, group, and perm inventory controls, including, but not limited to, roll-in controls, group inventory and cut-off dates, implementation of blackout dates, and leading sellout strategies in partnership with the Front Office.
• Partner with Front Office, Sales and Marketing, and Reservations to improve inventory, sales, and profitability. Actively communicate the overall strategy direction to the leadership team at the hotels.
• Analyze transient, group, and permanent demand, price sensitivity, and booking patterns to provide pricing recommendations
• Manage Revenue Management Best Practices and Hotel Audit standards.
• Ensure accurate maintenance of all Hilton systems.
• Ensure the accuracy, consistency, and integrity of performance reporting by validating data sources
• Compile and communicate monthly and ad hoc reports and presentations for ownership and leadership.
• Actively prepare and contribute to weekly Commercial meetings.
• Conduct competitive and demand analyses to ensure an effective balance between demand and availability.
• Monitor and develop revenue team member performance, including supervision and professional development.

What Are We Looking For?

Since being founded in 1919, Hilton has been a leader in the hospitality industry. Today, Hilton remains a beacon of innovation, quality, and success. This continued leadership is the result of our Team Members staying true to our Vision, Mission, and Values. Specifically, we look for demonstration of these Values:

• Hospitality
• Integrity
• Leadership
• Teamwork
• Ownership
• Now

In addition, we look for the demonstration of the following key attributes:

• Quality
• Productivity
• Dependability
• Customer Focus
• Adaptability

What Will It Be Like To Work For Hilton?

Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travelers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands. Our vision "to fill the earth with the light and warmth of hospitality" unites us as a team to create remarkable hospitality experiences around the world every day. And, our amazing Team Members are at the heart of it all!