Hotel Revenue Management

Would you like to learn more about hotel revenue management and what it entails?

‘An Introduction to Hotel Revenue Management’ is an interesting and useful Institute of Hospitality endorsed course that offers a basic insight into hotel revenue management. Participants will be taught about how to create an effective revenue management strategy and practical advice for maintaining an exceptionally high standard of customer satisfaction will be offered.

Successful completion of the course will hopefully ensure you feel confident to actively apply the skills and knowledge you have developed on a daily basis and can work towards increasing long term profitability.

The course has been carefully broken down into 3 manageable, user friendly modules that you are free to complete as, and when you choose. Regular breaks can be taken (if you wish) and sections can be completed entirely at your pace. A few short questions will be asked at the end of each section to refresh your memory and there will be a final ‘End of Course’ multiple choice quiz that will require you to answer a certain number of questions correctly to pass.

Course Content

1. ‘An Introduction to Hotel Revenue Management’ is the opening module and the aim of this section is to offer a basic insight of hotel revenue management and what it entails. Performance indicators, demand calendars and market segmentation will be explained to guarantee you have all the knowledge you need!

2. ‘Price Management, The Customer and External Factors’ follows and price management will be explored in detail, where you will be taught how to price effectively. The customer will be looked at closely and how to make important decisions will be touched upon.

3. ‘Competitors, Stay Controls and Getting It Right’ is the final module and the course will supply handy techniques how to guarantee success in hotel revenue management. The subjects of stay controls, pickup analysis and competition will also be explained.

Advantages of Studying with Us

Participation and Time - The course should take between 2-3 hours to complete, but you have the freedom to study whenever it is convenient and entirely at your own pace.

• Certification and Accreditations - Upon successful completion of the course, you will receive a PDF certificate, which is fully endorsed by the Institute of Hospitality. You will be learning from a supportive team that are keen to help you progress and advance in your chosen career.
• Expertise – Our course has been designed by a dedicated team of experienced, industry professionals. Feel assured that you are learning from the very best and will be supported by a team of inspirational mentors who are keen to help you achieve your aspirations.
• Tutor Support – You will have full access to our tutor support service, where our tutors are available to answer any queries you may have throughout the duration of your completion of the course.
• Compatibility – All of our courses are fully compatible with PCs, Macs, Laptops, Tablets and Smartphone devices. We are aware that learning should not just be restricted to the home environment, so all of our course content is available using a 3G, or 4G network – great for learning while you are on the go!

Our Objective

• To provide an enjoyable, stress-free course that you can complete in your own time.
• To ensure your learning experience is fun and beneficial to your career and provide you with ongoing support from our team of experienced tutors.
• Introduce you to hotel revenue management and offer a basic insight that will develop your skills, knowledge and expertise to progress in your chosen career path.
• Provide a comprehensive and engaging course that will enable you to apply the knowledge acquired to your daily role.

The Hotel Revenue Management course will be most beneficial for hospitality managers working within the hospitality industry. Revenue, General, Reservation and MICE Managers will expand their knowledge by successfully completing the course, but it is also recommended for anyone keen to learn more about hotel revenue management. Staff who have the responsibility for financial management within a hospitality establishment will also benefit greatly from the course.

There are no entry requirements for this course.

Currently there are no Q&As for this course. Be the first to ask a question.

Certificate of completion

Digital certificate - Included