Sage Hospitality Group logo
Sage Hospitality Group

Creating places people go to, not through

Vice President, Commercial Strategy

Vice PresidentVice PresidentFull TimeRemoteLeadTeam 5,001-10,000Since 1984H1B No SponsorCompany SiteLinkedIn

Location

Colorado

Posted

61 days ago

Salary

$200K - $210K / year

Seniority

Lead

Bachelor Degree5 yrs expEnglish

Job Description

• Oversight and accountability for all commercial disciplines within an identified portfolio • Provide guidance to the property revenue teams in the development and execution of a strategic (demand-based) pricing plan for all market segments. • Ensure a strategic mix of business and pricing strategies are set for each property based on market conditions to drive revenue, profitability, and exceed both GOP and NOP budget. • Partner with the property Commercial Team to analyze findings during property reviews to implement a results-driven action plan. • Anticipate any future trends or threats to the asset, guides strategic direction to mitigate revenue shortfalls. • Effectively communicate challenges that arise in either property performance or processes to the GM, DOSM, and property Revenue Team and owners. • Partner with VP, Operations in the field implementation of strategic initiatives for all properties. • Understand the hotel's defined competitive market and defined comp sets and their relevance to each hotel based on current/future market conditions and industry changes and fluctuations. • Utilize key performance indicators and yield management tools to identify trends as an early warning system to where future revenue opportunities may lie. • Actively participate on brand and industry advisory boards representing the interests of Sage. • Teach and coach property leaders on how to strive for accurate revenue forecasts. • Participate in the development of the Annual Business Plan; provide guidance to the mix of business, rate positioning, seasonality, and overall revenue and penetration strategies and goals. • Effectively identify all online marketing, promotional and distribution opportunities; provide guidance to the property revenue teams in implementing targeted e-commerce action plans. • Ensure optimal property participation and production through relevant Internet sites and other distribution channels (CRO, GDS, ADS, and Travel Agency Consortiums). • Continually researches better, faster, and smarter ways to deliver commercial best practices for the Division. • Contribute to the Division’s overall sales and revenue management success during planning and strategy phases through research and knowledgeable input. • Influence change and demonstrate accountability and confidence during interactions with key stakeholders including ownership groups, property leaders and global office partners. • Active participation in developing and facilitating Revenue Management and Sales training as well as execution of all global programs and initiatives. • Recruit and mentor talent for future commercial positions. • Coach, advise, and implement procedures/programs/initiatives that support the top line goal. • Partner with property to create a task force contingency plan for coverage in situations of DORM and Sales Leader transitions. • Assist property transition teams in new property openings, transitions, rebranding, development due diligence, and execution of the property strategic revenue plan. • Actively participates in community and trade organizations that most benefit the Division’s and organization. • Performs other duties as assigned or deemed necessary by leadership.

Job Requirements

  • Bachelor's Degree in related field preferred.
  • Must have three to five years of corporate multi property and multi brand revenue management experience.
  • Must have five to seven years of property revenue management experience.
  • Proven revenue management experience and knowledge of advanced revenue management techniques.
  • Requires highly developed communication skills.
  • Requires effective business writing skills.
  • Requires strong leadership skills.
  • Set and manage priorities and plan activities in advance.
  • Solve problems and make sound business decisions.
  • Respond to coaching, feedback and training.
  • Must possess communication skills in terms of the ability to negotiate, convince, sell and influence others.
  • Knowledge of reservations systems.
  • Must be able to use tact and understanding when dealing with demanding or conflict situations.
  • Must be organized and display patience when handling more than one task at a time.
  • Must be friendly, enthusiastic and helpful.

Benefits

  • Unlimited paid time off
  • Eligible for bonus
  • Medical, dental, & vision insurance
  • Health savings and flexible spending accounts
  • Basic Life and AD&D insurance
  • Company-paid short-term disability
  • Paid FMLA leave for up to a period of 12 weeks
  • Eligible to participate in the Company’s 401(k) program with employer matching
  • Employee assistance program
  • Tuition Reimbursement
  • Great discounts on Hotels, Restaurants, and much more.
  • Eligible to participate in the Employee Referral Bonus Program. Up to $1,000 per referral.

Related Categories

Related Job Pages

More Vice President Jobs

Vice President62 days ago
Full TimeRemoteTeam 51-200H1B No Sponsor

VP of Asset Management leading affordable housing portfolio for April Housing.

District of Columbia + 1 moreAll locations: District of Columbia, Florida
$180K - $200K / year
Yelp logo

Vice President, Financial Planning & Analysis

Yelp

Looking for a #FiveStarCareer? We know just the place!

Vice President62 days ago
Full TimeRemoteTeam 1,001-5,000Since 2004H1B Sponsor

Looking for a company where the Financial Planning & Analysis team plays a strategic role in decision-making? At Yelp, we’re looking for a strategic, people-first financial leader to spearhead our FP&A organization. As the Vice President, Financial Planning & Analysis, you’ll...

United States
$275K - $325K / year
EXL logo

Assistant Vice President of Quality – Payment Integrity, Healthcare

EXL

We make sense of data to drive your business forward. #MakeSenseofData #DriveYourBusinessForward #PartnerYourWay

Vice President62 days ago
Full TimeRemoteTeam 10,001+H1B No Sponsor

Assistant Vice President leading healthcare quality operations and audits at EXL.

United States
$130K - $145K / year
Pavilion logo

VP, Member Experience

Pavilion

The premier community for B2B go-to-market leaders

Vice President62 days ago
Full TimeRemoteTeam 11-50Since 2016H1B Sponsor

VP of Member Experience for Pavilion overseeing member journey and community engagement

United States
$200K - $220K / year