Revenue Management Fundamentals for Hospitality Industry
Free eCertificate | Limited time | Revenue Fundamental Masterclass | Tutor Support | Video Lessons
Frontier Education
Summary
- Reed courses certificate of completion - Free
- Tutor is available to students
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Overview
This Revenue Management Fundamentals for Hospitality Industry course addresses the knowledge, skills and behaviours required to successfully apply revenue management that helps organisations, personal business and individuals.
In this Revenue Management Fundamentals course you will explore the Zero Base Manning Budget,Compensation,Labor Productivity,Labor cost Control _ Management,Job Descriptions and Scheduling,Training the Staff,Monitoring of Labor Cost and more. You will learn how to meet revenue management challenges through efficient use of practices and technology.
Curriculum
Course media
Description
This Revenue Management Fundamentals for Hospitality Industry course is designed to help you develop a broad understanding of the most important models in Revenue Management Fundamentals, applying theoretical concepts and Revenue Management Fundamentals models to real life case studies.
Developed by a leading expert, this programme has been designed to equip you with the right tools and technologies to support decision-making and ensure timely delivery of Revenue Management Fundamentals objectives.
Students will have the opportunity to develop knowledge, skills and insight in the following areas:
Lecture 1 Introduction to the course
Lecture 2 Important Headcount Concepts to Know
Lecture 3 Zero Base Manning Budget
Lecture 4 Compensation Concepts
Lecture 5 Other Important Concepts
Lecture 6 Factors Which Affect Labor Productivity _ Cost
Lecture 7 More Factors Affecting Labor Cost _ productivity
Lecture 8 What is Labor cost Control _ Management
Lecture 9 What Standard do we need to establish
Lecture 10 Step1 - Prepare Organisational Foundations
Lecture 11 Step 2 - Job Descriptions and Scheduling
Lecture 12 Step 3 - Fundamentals of Prepare Roster for staff
Lecture 13 Training the Staff
Lecture 14 Recruitment Controls
Lecture 15 Compensation Controls and Policies
Lecture 16 Monitoring of Labor Cost
Requirements
No prior knowledge or experience required
Questions and answers
Currently there are no Q&As for this course. Be the first to ask a question.
Certificates
Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.