Price Yield Optimization Manager (Short-Term Rentals/Airbnb)

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TYPE OF WORK

Full Time

SALARY

$800

HOURS PER WEEK

40

DATE POSTED

Sep 11, 2024

JOB OVERVIEW

Job Title: Price Yield Optimization Manager

Company: Orange Door Stays

Location: Los Angeles, CA (Remote)

Position Type: Full or Part-Time

About Orange Door Stays:

Orange Door Stays is a premier luxury short-term rental company based in Los Angeles, California, specializing in Airbnb properties. We are dedicated to providing our guests with unforgettable experiences in some of the most exquisite properties in the region. We are seeking a Price Yield Optimization Manager to join our dynamic team and drive revenue growth by maximizing Price Yield through data-driven strategies.

Position Summary:

As the Price Yield Optimization Manager at Orange Door Stays, you will play a crucial role in managing the pricing strategies for our Airbnb property portfolio, with a focus on optimizing revenue and maximizing RevPAR (Revenue per Available Room). You will use advanced pricing tools, such as Wheelhouse, to fine-tune our pricing strategies, ensuring we capture the full revenue potential of our luxury units. This is a unique opportunity to shape the financial success of our company.

Key Responsibilities:

Pricing Strategy: Develop and implement dynamic pricing strategies for our Airbnb property portfolio to maximize revenue, occupancy rates, and RevPAR.
Data Analysis: Utilize advanced pricing analytics tools (e.g., Wheelhouse) to collect and analyze data, monitor market trends, and make real-time pricing adjustments.
Competitor Analysis: Stay informed about competitor pricing strategies and market dynamics to maintain a competitive edge.
Forecasting: Generate revenue forecasts and budgets, continuously optimizing pricing models based on historical and real-time data.
Collaboration: Work closely with cross-functional teams, including Sales and Marketing, to align pricing with promotional efforts and maximize the overall revenue strategy.
Reporting: Prepare regular reports and present findings to the management team, offering insights and recommendations for pricing optimization.
Innovation: Keep abreast of industry best practices and emerging tools to enhance pricing strategies and drive revenue growth.

Qualifications:

Proven experience in price yield optimization, revenue management, or related roles, ideally within the Airbnb, short-term rental, or hotel industry.
Familiarity with dynamic pricing tools, with experience in Wheelhouse or similar platforms being a significant advantage.
Strong analytical and data-driven decision-making skills.
Proficiency in data analysis and reporting tools.
Excellent communication and collaboration abilities.
Detail-oriented, self-motivated, and results-driven.
Bachelor's degree in business, economics, hospitality management, or a related field.
This position requires prior experience with Airbnb Price Yield Optimization. Please provide examples of how your experience will apply to our Short-Term Rentals.
All applicants should share a recent pricing strategy that you applied.
To apply, please fill out this form: https://forms.gle/qvgDoaRtJB9zXgJU7.

Join our team and play a key role in shaping the financial success of our luxury Airbnb short-term rental business!

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