About the Role
The Elysée New York is relaunching into the ultra-luxury market following an $80 million renovation and seeks an ambitious, analytical Revenue Manager to protect yield, drive profitability, and position the property. This role involves strategic data analysis, high-level forecasting, and dynamic pricing in the competitive Manhattan luxury market, reporting to the Director of Commercial.
Responsibilities
- Conduct continuous competitor price and product analysis to ensure appropriate rate positioning.
- Optimize revenue performance by analyzing demand, establishing selling strategies, and curating the ideal business mix.
- Formulate and implement transient and group inventory restrictions and pricing strategies across all distribution channels.
- Identify low-demand periods and collaborate with teams to design targeted initiatives to drive luxury volume.
- Protect the long-term pricing power and yield of the property, ensuring discount strategies do not compromise brand integrity.
- Build, manage, and audit all complex rate plans, seasons, and promotional packages within the PMS and CRS.
- Ensure seamless pricing execution and absolute rate parity across all global distribution systems, OTAs, brand websites, and direct booking channels.
- Maintain tight control over billing processes and accurately process No-Show and Late Cancellation fees.
- Ensure all technical interfaces, system mappings, and connectivity between PMS, RMS, and distribution channels are functioning flawlessly.
- Prepare for and lead weekly Revenue Strategy Meetings, including executive agenda, performance critiques, and market recommendations.
- Generate and distribute daily, weekly, monthly, and quarterly revenue reports with actionable data visualizations.
- Partner with leadership to compile the Monthly Forecast, Annual Budget, and Commercial Marketing Plan.
- Collaborate with the Sales team to review prospective group business and analyze profitability to protect high-yield transient inventory.
- Share market insights with operational teams to strengthen alignment, upselling, and reservation handling.
- Champion service standards and digital booking compliance expectations.
- Ensure the digital reservation journey reflects LQA and Forbes Travel Guide principles.
- Translate statistical revenue trends into practical insights for operational departments.
- Align all revenue management execution with the hotel's ultra-luxury positioning.
Requirements
- Advanced capability to work with complex statistical data, forecasting models, and financial concepts.
- Must fully grasp luxury department budgets, margins, and yield matrices.
- Outstanding written and verbal communication skills.
- Ability to translate dense data into compelling, high-level presentations and recaps for ownership and executive committees.
- Strong reasoning skills with a proven ability to solve practical problems and pivot pricing strategies swiftly.
- Deep familiarity with leading hospitality Property Management Systems (PMS), Revenue Management Systems (RMS), and advanced Excel functions.
- Strong understanding of luxury guest behavior, high-net-worth travel trends, luxury travel advisor networks, and consortia programs.
- Exceptional emotional intelligence, professional discretion, sound judgment, and acute attention to detail.
- Ability to work a flexible schedule to evaluate dynamic demand shifts and support critical commercial or forecasting deadlines.
Skills
- Revenue Management
- Data Analysis
- Forecasting
- Dynamic Pricing
- Yield Management
- Inventory Optimization
- Rate Strategy
- Systems Management (PMS, CRS, RMS)
- Excel
- Communication
- Problem Solving
- Collaboration
Location
- Midtown Manhattan
Work Type
- Full-time
Experience Level
- 1-3 years of progressive revenue management experience
Education Level
- Bachelor’s degree in Hospitality Management, Finance, Economics, Business Administration, or a related field; or an equivalent combination of luxury hospitality experience and analytical training.
Salary/Compensations
- $110,000–$130,000
Benefits
- Comprehensive benefits program for eligible associates and their family members
- 401(k) matching program for eligible associates
- Learning, development, and career-advancement opportunities
- Travel discounts at participating Crescent-managed hotels and resorts
About the Company
- The iconic Elysee New York is a luxury boutique hotel under The Leading Hotels of the World, combining historic elegance with European grand hotel warmth. It offers a highly personalized experience defined by authentic hospitality and understated sophistication.
- Elysee New York is managed by Crescent Hotels & Resorts, a leading hospitality management company with a diverse portfolio of luxury, lifestyle, and independent hospitality brands.
- Crescent Hotels & Resorts believes exceptional guest experiences begin with engaged, supported, and inspired teams, fostering an environment for professional development and meaningful careers in hospitality.
