Posted 1 month ago
Revenue Management Analyst
AI Summary
Analyzes hotel financial data and prepares reports on revenue, budgeting, staffing, and cost control. Forecasts rooms and revenue, sets rates, manages group and convention activity, and leads weekly forecast meetings to maximize RevPAR.
About this role
Las Vegas, Nevada
The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
The primary responsibility of the Associate Revenue Manager is to analyze and prepare various reports on all financial aspects ofHotel Operations as they relate to yielding, budgeting, staffing, scheduling, revenue generation and cost control.
THE DAY-TO-DAY:
Responsible for forecasting rooms and revenue, setting rates, and determining availability for each market segment, maximizing total REVPAR.
Ensures maximum exposure, inventory availability and rate/revenue opportunities are consistently maintained and monitored.
Prepares for and leads weekly forecast/strategy meetings.
Assists with management of block utilization to maximize revenue.
Responsible for design and/or approval of all packages.
Manages all group and convention activity ensuring all revenue opportunities and procedural guidelines are met.
Provides analytical overview with regard to external trends, enhancements and marketing opportunities existing on various distribution channels.
Provides new and insightful hotel strategy recommendations on a regular basis to senior management.
Develops/prepares various managerial reports for executive review.
Prepares and provides financial analysis as required.
THE IDEAL CANDIDATE:
Have a Bachelor's Degree.
Has 1+ Years of prior relevant experience in Revenue management experience.
Possess strong critical thinking and problem-solving skills - Preferred
Previous experience working in a similar resort setting - Preferred
Experience in financial analysis, accounting principles and theories with the successful application of these concepts in a hospitality environment - Preferred
THE PERKS & BENEFITS:
Wellness incentive programs to help you stay healthy physically and mentally
Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more
Free parking on and off shift
Health & Income Protection benefits (for eligible employees)
Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community
VIEW JOB DESCRIPTION:
https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=19399
Are you ready to JOIN THE SHOW? Apply today!
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