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This Hotel Management -Fundamentals of Revenue Management course is designed for professionals who want to thrive in their profession. The course covers all the essential skills and knowledge needed to become specialized in this sector.

£19.00
Course Access

Unlimited Duration

Last Updated

November 5, 2021

Students Enrolled

374

Course Duration

3 hours, 4 minutes

Course Instructor
Certification
This Hotel Management -Fundamentals of Revenue Management course is designed for professionals who want to thrive in their profession. The course covers all the essential skills and knowledge needed to become specialized in this sector. You will learn real life knowledge and expertise from the industry experts and practitioners from this Hotel Management -Fundamentals of Revenue Management course.
 
The Hotel Management -Fundamentals of Revenue Management Course starts with the basic knowledge of Hotel Management -Fundamentals of Revenue Management and gradually shares expertise knowledge. In this course you will get a complete idea of Hotel Management -Fundamentals of Revenue Management with key concepts, strategies regarding use of it and in-depth knowledge. The Hotel Management -Fundamentals of Revenue Management course is completely an online course. You can access this course from any part of the world with just a smart device and the internet.
 
By the end of this course, you will get complete knowledge and marketable skills. The course also comes with an E-certificate, which will add extra value to your resume and help you stand out in the job market. In short, Hotel Management -Fundamentals of Revenue Management Course is the perfect course to fast track your career. So what are you waiting for? Enroll today!
 

What you will learn

  • Revenue Management Fundamentals through hospitality industry
  • Pricing Techniques
  • Segmenting & Profiling Business
  • Competition and SWOT analysis
  • Yelling the business to maximize profits
 

Course Media

Who is this course for?

This course is ideal for those who work in or aspire to work in the following professions:
  • Small Business Owners
  • Hotel Managers
  • Revenue Managers
 

Why Choose Hotel Management -Fundamentals of Revenue Management course?

  • Conducted by industry experts
  • Get Instant E-certificate
  • Fully online, interactive course with Professional voice-over
  • Developed by qualified professionals
  • Self paced learning and laptop, tablet, smartphone friendly
  • Tutor Support
 

Certification

By the successful completion of the course, you will get an instant e-certificate. Our courses are fully updated, that aim at making you an expert in the field. The hard copy of the certificate is also available for £4.99 and can be sent to your address. The delivery charge is applicable which will be £3.99.

Instructor

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Students

Finance
CFO

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Course Curriculum

    • Introduction to the course.. what you will learn 00:06:00
    • Revenue Management Myths and Profit Fallacy 00:10:00
    • Revenue Management Definition & Meaning 00:07:00
    • Revenue Management Premise and Assumptions 00:08:00
    • Common Revenue Management Decisions 00:05:00
    • Terms used in Hospitality in relation to Revenue Management 00:14:00
    • Steps for Revenue Management 00:02:00
    • Step 1-Positioning of Hotel 00:03:00
    • Step 2 – Segmentation of target cutomer and understand their profiles 00:11:00
    • Step 2- Balancing the Segment of customers 00:06:00
    • Step 3 – Understanding Demand 00:04:00
    • Step 3 – Forecasting the Demand 00:16:00
    • Identify Competitors & Swot Analysis 00:08:00
    • Meaning of Price and Seller & buyer Prospective price 00:08:00
    • Step 5 – How do we detemine Prices 00:09:00
    • Step 5 – Pricing Factors and Strategic Pricing 00:05:00
    • Differential Pricing 00:04:00
    • Pricing Concepts – Dangers and Restrictions 00:03:00
    • Re-cap What we have learned soFar 00:03:00
    • Distribution and Channel Management 00:11:00
    • Inventory management 00:11:00
    • Report which we may need for revenue management 00:14:00
    • Some Sample Revenue management Reports 00:09:00
    • Revenue Management Challanges 00:07:00
    • Get Your Certificate & Transcript 00:00:00

Course Reviews

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