Siva Selvan
Advisory Board Member @ International Luxury Hotel Association | Ultra Luxury Hospitality & Revenue Growth | Hospitality Commercial & Asset Management Strategies | NOI optimization | Hotel Brokerage
- Role
- Advisory Board Member at International Luxury Hotel Association
- Location
- Washington, WA, US
- LinkedIn followers
- 500 followers
About Siva Selvan
AboutPerformance-driven professional with proven expertise in the global hotel asset management and luxury hospitality. Thought leader and catalyst for change with a history of innovation, performance driver and insight hunter. Deep global experience with intricate knowledge of various international source markets, market segmentation and channel optimization. Recognized industry leader in the areas of revenue management, channel optimization, consumer insights, net contribution models along with long- and short-term strategic planning, market share modeling and pricing analysis. Proven history in creating value for all stakeholders in new development LOI projects, proforma’s and feasibility analysis. Professional highlights include:• Led over 50 Four Seasons Hotels and Resorts combined GOR of 3.2 Billion in Americas.• Managed the planning, implementing remote shared service revenue management oversight of GOR of 1.2 Billion.• Saved 45% labor expenses in costs annually by proving centralize revenue management services consolidating pricing strategies, data insight, forecasting and budgeting, and channel optimization. • Achieved 45 million in incremental upsell rooms revenue.• Saved $4 m margin savings annually by renegotiating margins and commercial contract terms.• Provided optimal digital strategies resulted in 24% in online revenue growth.• Improved rate parity across brand resulted in 4.0 m per year in savings.• Implemented IDeaS G3 Revenue Management Solutions (G3 RMS) across the regions.• Improved Residential/Private Residence RevPAR by 12% by applying dynamic pricing strategies.• Participated in the design and development of the company wide revenue management and distribution strategies, systems, programs, tools, and education efforts. • Collaborated with global analytics on modelling methods and tools.• Supported with feasibility business analysis new hotel LOI reviewsLicensed in DC, VA, MD & NC
Experience
Advisory Board Member
International Luxury Hotel Association
Dec 2022 — Present
Education
Cornell University
Real Estate
2012 — 2014
Cornell University
Certificate , Strategic Leadership in Hospitality Professional
2012 — 2012
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