Revenue Manager

Schulte Boutique + Lifestyle is seeking a dynamic, service-oriented Revenue Manager to join our team!! SBL is an organization whose success is rooted in its service culture. Our mission is to exude hospitality, be respectful and authentic, prioritize the needs of our internal and external stakeholders above our own, and continuously strive to make a positive impact in all we do. We are passionate hoteliers, eager to add like-minded people to our rapidly growing team! 

  

Our Company: Schulte Boutique + Lifestyle is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating in more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG, and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants. 

 

Position Summary: 

As the Revenue Manager you will play a pivotal role in optimizing revenue and profitability for our boutique hotel(s). You will work with our Corporate Director of Revenue to oversee revenue strategy, pricing, and distribution to maximize room revenue and market share. This position requires a deep understanding of revenue management systems, with a focus on Duetto RMS, Synxis CRS, and Opera Cloud. The role will focus on five (5) major areas: Commercial Strategy, System Optimization, Reporting/Analysis, Distribution Management, and Team Leadership & Collaboration. 

 

Commercial Strategy Development 

• Develop and execute revenue management strategies to maximize room revenue and profitability with the ultimate goal to grow RevPAR and RGI 

• Analyze market trends, competitive sets, and demand patterns to make informed pricing decisions. 

• Monitor and adjust pricing and inventory strategies to achieve revenue goals. 

• Set and review room rates, packages, and restrictions on a daily basis. 

• Implement dynamic pricing strategies to respond to changing market conditions. 

• Manage room inventory allocation and availability across various distribution channels. 

  

System Optimization 

• Utilize Duetto RMS to manage pricing, forecasts, and demand analysis. 

• Maintain and optimize the Synxis CRS (Central Reservation System) to ensure accurate and up-to-date inventory and rate availability. 

• Collaborate with the technology teams to implement system updates and enhancements. 

  

Reporting and Analysis: 

• Generate regular reports to evaluate the effectiveness of revenue management strategies. 

• Monitor key performance indicators (KPIs) such as RevPAR, ADR, and occupancy. 

• Identify opportunities for improvement and make data-driven recommendations. 

• Analyze marketplace reports such STAR, Agency360, Demand360, Lighthouse, and other market intelligence reports. 

• Prepare weekly and monthly forecasts. 

• Lead the weekly strategy