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Hotel Revenue & Hospitality Management - CPD Approved Training

CPD Accredited | Interactive Learning Materials | Gift: PDF Certificate + 1 Free Course | Tutor Support| Lifetime Access


Cambridge Open Academy

Summary

Price
£25 inc VAT
Study method
Online
Duration
6 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
20 CPD hours / points
Certificates
  • Certificate of Completion (PDF) - Free
  • Certificate of Completion (Hard Copy) - £9.99
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

**2 in 1 Hotel Revenue & Hospitality Management - CPD Approved Training bundle**

Do you know that revenue management is the backbone of any successful hotel? Mastering it can increase your earning potential significantly. A study by OTA Insight found that hotels with dedicated revenue management teams achieved 11% higher RevPAR than those without.

This comprehensive CPD-approved course equips you with the knowledge and skills to excel in the dynamic world of hotel revenue and hospitality management.

Learning Outcomes:

  • Analyse the pivotal role of revenue management in driving success in the UK hospitality sector.
  • Grasp the purpose and principles that underpin effective revenue management strategies.
  • Identify the key qualities essential for a proficient revenue manager in the hotel industry.
  • Acquire skills in forecasting hotel revenue, an indispensable facet of strategic management.
  • Formulate effective pricing strategies tailored to the intricacies of hotel revenue management.
  • Develop a profound understanding of profitable distribution strategies to optimise revenue streams.
  • Navigate the complexities of overbooking practices and their implications in revenue management.
  • Explore the art of promotions, aligning marketing efforts with revenue goals.
  • Analyse customer behaviour trends and tailor strategies to enhance revenue generation.
  • Gain insights into the future landscape of hotel revenue management in the evolving UK hospitality sphere.

This Hotel Revenue & Hospitality Management - CPD Approved Training Bundle Consists of the Following Courses:

  • » Course 1: Hotel Revenue Management
  • » Course 2: Hospitality Management Level 2

CPD

20 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Embark on a theoretical journey into the heart of hospitality management with our CPD Approved Training on Hotel Revenue & Hospitality Management. This comprehensive course spans ten modules, each meticulously designed to unravel the nuances of revenue management in the UK hospitality sector. From understanding the foundational principles and qualities of a proficient revenue manager to forecasting revenue, crafting pricing strategies, and delving into future trends, this course equips you with the theoretical knowledge to navigate the dynamic world of hotel revenue.

Join us in exploring the intricacies of overbooking practices, promotions, and the evolving landscape of customer behaviour. Elevate your understanding of the profitable distribution strategies that drive revenue optimisation. This course is your passport to unravelling the future of hotel revenue management in the UK.

Course Curriculum:

  • Module 01: The Role of Revenue Management In Hotel Industry
  • Module 02: Purpose and Principles of Revenue Management
  • Module 03: Qualities of Revenue Manager
  • Module 04: Forecasting of Hotel Revenue Management
  • Module 05: Pricing of Hotel Revenue Management
  • Module 06: Profitable Distribution Strategy
  • Module 07: Overbooking Practices in Hotel Revenue Management
  • Module 08: Promotions
  • Module 09: Customer Behaviour
  • Module 10: The Future of Hotel Revenue Management in the UK

Who is this course for?

  • Professionals in the UK hospitality sector aiming to deepen their theoretical understanding of revenue management.
  • Aspiring revenue managers seeking foundational knowledge in hospitality management.
  • Individuals transitioning into the hospitality industry.
  • Students and academics exploring the theoretical aspects of hotel revenue management.

Career path

  • Entry-level roles in revenue analysis: £25,000 - £30,000 per year
  • Revenue Manager: £30,000 - £40,000 per year
  • Senior Revenue Manager: £40,000 - £50,000 per year
  • Director of Revenue Management: £50,000 - £70,000 per year
  • Revenue Management Consultant: £60,000 - £80,000 per year
  • Chief Revenue Officer: £70,000 - £100,000 per year

Questions and answers

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

Certificates

Certificate of Completion (PDF)

Digital certificate - Included

After completing this Hotel Revenue & Hospitality Management - CPD Approved Training bundle, you will be eligible for CPD certified certificates from Cambridge Open Academy.

For Hotel Revenue Management, you will get CPD Certification Service (CPD UK)- accredited certificate, and for the other course, you will get CPD Quality Standards (CPD QS) accredited certificate from Cambridge Open Academy.

Certificate of Completion (Hard Copy)

Hard copy certificate - £9.99

Note: Delivery of hardcopy certificate is free within the United Kingdom. However, to obtain a hardcopy certificate, international students have to pay £19.99 for the shipment to their designated address.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.