Assistant Director of Revenue Management - Waldorf Astoria New York

In this role, you will be responsible for performing the following tasks to the highest standards. Responsibility for increasing hotel revenue and growing the Revenue Per Available Room (RevPAR) Index (market share) for Waldorf Astoria New York. Builds positive relationships with hotel teams, regional teams, revenue, and marketing partners. Works to understand and align what is best for the hotel with what is most important to the senior leadership teams. Executes the appropriate total hotel revenue strategy established by the Director of Revenue Management. Collaborates and works across teams to execute strategy for all revenue streams including, but not limited to rooms pricing, F&B strategy, group, catering & events strategy, marketing strategy. Actively communicates established hotel revenue strategy with internal hotel stakeholders to ensure alignment. Improve revenue and grow RevPAR Index. Supports the Director in focusing on top line revenue generation areas, maintaining group and transient inventory controls, developing, monitoring, and adjusting sales and pricing strategies, analyzing demand factors, forecasting, competitive analysis, participating in key marketing initiatives, and maintaining distribution data integrity. Use tools and reporting available to identify opportunities to improve hotel revenue performance and group RevPAR index. In coordination with the Director of Revenue Management takes appropriate action by employing necessary tactics to achieve said performance. Maintain group and transient inventory controls including, but not limited to, room accommodation and rate inventory controls, roll-in controls, group inventory and cut-off dates, implementation of blackout dates, maintaining demand information, 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 overall strategy direction to the leadership team to the hotels. Develop, monitor, and adjust in coordination with the Director of Revenue Management sales and pricing strategies. Conduct competitive and demand analyses and provide critical analysis of chosen strategies, room statistics, and general demand factors to ensure the most effective and efficient balance between demand and availability. Conduct forecasting, review all competitive shops, review demand, convention, and city event calendars, maintain data on competitor products and maintain historical data on events and performance. Quality. Dependability. Customer Focus. Adaptability.