The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
The Vice President of Revenue Optimization and Advanced Analytics at MGM Resorts will lead the strategic vision and execution of advanced analytics and revenue optimization across the organization. This executive will drive innovation by integrating predictive and prescriptive analytics into business operations, enhancing data-driven decision-making and performance.
The role focuses on maximizing revenue per available room (REVPAR) and profit per room night by overseeing strategic pricing, labor, spend, and customer value strategies across all properties. The VP will spearhead the development of data products and analytics solutions to optimize exposure and profitability.
As a key leader, the VP will build and guide a high-performing analytics team, define the necessary tools and technologies, and establish best practices. This role is central to advancing MGM Resorts' competitive advantage through data and analytics-driven revenue strategies.
THE DAY-TO-DAY:
- Provide leadership and guidance in the development of concepts, strategies, planning, implementation, and coordination for revenue generating activities
- Develop and implement comprehensive revenue optimization strategies to maximize revenue across all revenue streams, including hotel, casino, food and beverage, entertainment, and ancillary services
- Utilize advanced analytics techniques, including predictive modeling, machine learning, and data mining, to analyze complex data sets and identify revenue opportunities, customer trends, and operational efficiencies
- Supports pricing and assist with PMS, RMS, pricing and forecasting & other systems technical issues, upgrades. Ensuring their strategic alignment with MGM Resorts' overarching revenue optimization goals
- Oversees day-to-day work of Analytics team resources to execute on front-end insights
- Strategically lead the development and execution of concepts, strategies, planning, and coordination for revenue-generating and pricing activities across the organization
- Direct the development and application of advanced analyses to understand total revenue contributions from various segments and channels, guiding towards the most profitable market mix
- Define and lead the execution of processes for data collection, pre-processing, analysis, model performance monitoring, and data accuracy
- Ensure the availability and optimal utilization of data for pricing optimization through collaboration with data and tech teams, including the productionalization and monitoring of analytical products and applications
- Foster a culture of innovation and continuous improvement by actively participating in the validation of technical approaches and assumptions through peer reviews
- Lead efforts in identifying data sources and solving complex business problems through automation and performance tracking systems
- Collaborate with stakeholders to validate results, fast-track high-value opportunities, and continuously explore new avenues for profit and revenue growth
- Communicate findings and strategies effectively with senior executives and business partners, creating documentation that caters to both technical and non-technical audiences
THE PERKS & BENEFITS:
- Comprehensive wellness programs designed to support employees’ physical, mental, and emotional well-being.
- Exclusive access to company-sponsored discounts across hospitality, dining, retail, entertainment, travel, technology, and a wide range of partner offerings.
- Complimentary parking both during and outside of scheduled work hours.
- Competitive health, wellness, and income protection benefits for eligible employees.
- Ongoing professional growth and career development through leadership programs, learning opportunities, strategic networking, and community engagement initiatives.
VIEW JOB DESCRIPTION:
https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=12152
Are you ready to JOIN THE SHOW? Apply today!
What We Do
The resorts and casinos of MGM Resorts International™ are some of the most famous in the world. Our 28 destinations are renowned for their winning combination of quality entertainment, luxurious facilities, and exceptional customer service. We are actively expanding our presence globally, with potential developments in a number of domestic and international markets. At MGM Resorts International, we are all striving together to deliver an enticing blend of entertainment to every corner of the world. Many of our resorts are located in Las Vegas. Las Vegas features three of the largest convention centers in the U.S., spectacular entertainment, attractions, shopping, and world-famous resorts. Whether dancing fountains, incredible stage productions, casino action, museums or natural attractions such as Lake Mead, Vegas offers something for everyone. A stroll down our streets takes you around the globe, with recreations like climbing to the top of the Eiffel Tower or taking a Venetian gondola ride. From shimmering resort pools and spa rejuvenation to nonstop nightlife, Las Vegas promises an unforgettable career destination. With all of our unique and spectacular resorts and casinos, MGM Resorts International has a world of opportunities for you to discover excitement and rewards as you provide our guests with a wonderful and memorable experience. Take a closer look at our properties. We think you'll find an opportunity that's right for you. The 81,000 global employees of MGM Resorts are proud to be recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®.
