Portfolio Revenue Manager

Portfolio Revenue Manager

In this remote Portfolio Revenue Manager role, your primary responsibility will be to maximize revenue and profitability across our diverse portfolios consisting of Hotels and Multifamily Buildings.

You will have significant autonomy to drive performance by creating new revenue initiatives, developing cutting-edge pricing programs, and implementing targeted yield management strategies.

This role lies within Kasa's Revenue Management team, which reports to the Head of Revenue and has significant interaction with the distribution, marketing, sales, financial strategy, and real estate teams.

It involves regular interaction with Kasa’s property partners and owners of the properties.

Expected Results

• Understand the Market and Design Yield Strategies

• Understand market and demand drivers well enough to forecast competitive set’s Year-Over-Year RevPAR Change for the next 90-120 days.

• Proactively design yield strategies that consistently result in positive monthly RevPAR Index Change.

• Communicate and Pivot

• Set goals and pivot strategies weekly in a manner that allows the majority of your portfolio to achieve positive RevPAR Index Change and financial forecasts.

• Create and distribute weekly strategy notes detailing portfolio weekly pickup, the impact of current strategies, suggestions for new strategies, and risk/upside within the financial forecast.

• Forecasts and The Bottom Line

• Conduct forecast processes in a manner that consistently results in financial forecasts being within +/- 3% of actuals.

• Drive Length-Of-Stay, Market Segment, and Source mix in a manner that helps drive Net Revenue and Operating Profit up Year-Over-Year.