Senior Product Manager, Ancillary Revenue

Chicago, IL, USA

Full-TimeDepends on ExperienceSenior LevelMasters

Job Description

Are you a seasoned product manager with a passion for driving revenue and enhancing the guest experience? Do you thrive in a fast-paced, dynamic environment? If so, we have an exciting opportunity for you! Hyatt is seeking a highly experienced Senior Product Manager for Ancillary Revenue to join our team. In this role, you will be responsible for maximizing ancillary revenue opportunities and developing innovative products and services that meet the evolving needs of our guests. We are looking for a strategic thinker with a strong business acumen and exceptional leadership skills. If you have a proven track record of driving revenue growth and delivering exceptional results, we want to hear from you!

Develop and implement a strategic plan to maximize ancillary revenue opportunities.
Identify and analyze market trends and customer needs to create innovative products and services.
Collaborate with cross-functional teams to ensure alignment and successful execution of revenue-generating initiatives.
Lead and manage a team of product managers, providing guidance and support to achieve revenue goals.
Monitor and track performance metrics to measure the success of revenue initiatives.
Conduct market research and competitive analysis to identify new revenue streams.
Develop pricing strategies and promotions to drive revenue growth.
Build relationships with key stakeholders and partners to drive revenue and enhance the guest experience.
Create and present business cases for new product ideas, including financial projections and return on investment analysis.
Stay updated on industry developments and trends to inform product strategy and stay ahead of the competition.
Develop and maintain a strong understanding of the company's products and services to effectively communicate value propositions to customers.
Ensure compliance with all company policies and procedures related to revenue generation.
Act as a brand ambassador, promoting the company's products and services to internal and external stakeholders.
Continuously seek out opportunities for process improvement and cost optimization to increase revenue and profitability.
Train and mentor junior product managers to develop their skills and contribute to the overall success of the team.

Where is this job?

This job is located at Chicago, IL, USA

Job Qualifications

Extensive Experience In Product Management: The Senior Product Manager, Ancillary Revenue At Hyatt Should Have A Minimum Of 7-10 Years Of Experience In Product Management, With A Proven Track Record Of Successfully Launching And Managing Ancillary Revenue Products.
Strong Analytical Skills: The Ideal Candidate Should Have Strong Analytical Skills And Be Able To Use Data To Identify Opportunities For Increasing Ancillary Revenue And Optimizing Existing Products. They Should Also Be Proficient In Using Data Analytics Tools And Techniques.
Knowledge Of The Hospitality Industry: A Deep Understanding Of The Hospitality Industry, Including Trends, Customer Behavior, And Competitive Landscape Is Essential For This Role. The Senior Product Manager Should Be Able To Leverage This Knowledge To Develop Innovative Ancillary Revenue Products That Align With Hyatt's Overall Business Strategy.
Excellent Communication And Leadership Skills: As A Senior Member Of The Product Management Team, The Senior Product Manager, Ancillary Revenue Will Be Responsible For Collaborating With Cross-Functional Teams, Including Sales, Marketing, And Finance. Strong Communication And Leadership Skills Are Essential For Effectively Managing These Relationships And Driving Product Success.
Results-Driven And Strategic Mindset: The Senior Product Manager Should Be Results-Driven And Have A Strategic Mindset. They Should Be Able To Think Long-Term And Develop A Roadmap For Ancillary Revenue Products That Aligns With Hyatt's Overall Business Objectives. They Should Also Have A Proven Ability To Deliver On Set Goals And Drive Revenue Growth.

Required Skills

Product Development
Data Analysis
Sales forecasting
Pricing strategy
Revenue management
Customer segmentation
Market analysis
Stakeholder management
Competitive intelligence
brand positioning
Cross-Functional Collaboration

Soft Skills

Communication
Conflict Resolution
Leadership
Time management
Interpersonal Skills
flexibility
Critical thinking
Teamwork
Adaptability
Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Product Manager, Ancillary Revenue in Chicago, IL, USA is between $135,000 and $180,000 per year. This range can vary depending on the level of experience, the size and type of company, and the specific responsibilities of the role. Senior Product Managers in larger companies or with more experience may earn salaries toward the higher end of this range. Additionally, bonuses, stock options, and other benefits may also contribute to a higher overall compensation package.

Additional Information

Hyatt is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Required LanguagesEnglish

Job PostedJanuary 23rd, 2024

Apply BeforeJune 21st, 2025

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