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Hotel Revenue Management - Pricing and Forecasting

(6 students)
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This course includes:

  • list-favs38 minutes
  • list-favsCPD Accreditation
  • list-favs3 units
  • list-favsFull lifetime access
  • list-favsAccess on mobile and TV
  • list-favsCertificate of completion
publisher
course plublisher
Edu Smart

Learning Outcomes

  • Understand the fundamentals of hotel revenue management.
  • Learn the forecasting techniques used in hotel revenue management.
  • Use pricing strategies to maximise hotel revenue.
  • Analyse market trends and adjust pricing strategies accordingly.
  • Comprehend the role of distribution channels in revenue management.
  • Apply data analytics to make informed pricing decisions.
  • Develop a comprehensive hotel revenue management strategy.

Course Overview

Learn how to maximise revenue for your hotel with our Hotel Revenue Management – Pricing and Forecasting course. In this comprehensive course, you’ll thoroughly understand hotel revenue management fundamentals, forecasting techniques, and pricing strategies.

With expert instructors and hands-on training, you’ll learn how to analyse market trends, make data-driven pricing decisions, and develop a comprehensive hotel revenue management strategy. You’ll also learn about the role of distribution channels in revenue management and how to apply data analytics to maximise your revenue potential.

Whether you’re an experienced hotelier or new to the industry, this course will give you the wisdom, methods and techniques to succeed in the competitive hotel revenue management world.

Course Benefits

Our Hotel Revenue Management – Pricing and Forecasting course provides a comprehensive understanding of hotel revenue management, including forecasting techniques and pricing strategies. With this course, you can analyse market trends, make data-driven pricing decisions, and develop a comprehensive hotel revenue management strategy.

This course is designed for both experienced hoteliers and newcomers to the industry and provides a practical approach to maximising revenue potential. With our instructors and training, you’ll gain the wisdom, methods and techniques to succeed in the competitive hotel revenue management world.

By the end of the course, you’ll have a deep understanding of hotel revenue management principles and techniques, allowing you to increase your hotel’s revenue and stay ahead of the competition.

Career Path

  • Revenue Manager – Responsible for maximising hotel revenue by implementing pricing strategies and analysing market trends.
  • Director of Revenue Management – Oversee revenue management operations for multiple hotels and develop comprehensive revenue management strategies.
  • Sales and Marketing Manager – Develop and implement sales and marketing plans to increase hotel revenue.
  • Business Development Manager – Identify new revenue streams and opportunities for growth in the hotel industry.
  • Market Research Analyst – Conduct market research to analyse trends and inform hotel pricing decisions.
  • Reservation Sales Agent – Assist with booking and pricing inquiries to maximise hotel revenue.
  • Front Desk Manager – Implement revenue management strategies at the front desk level and ensure proper execution.

Course content

cirrtitle Hotel Revenue Management - Pricing and Forecasting

  • video Fundamentals of Hotel Revenue Management
    00:10:00
  • video Forecasting of Hotel Revenue Management
    00:14:00
  • video Pricing of Hotel Revenue Management
    00:14:00
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About Course Publisher

Edu Smart
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Welcome to Edu Smart, an innovative e-learning course provider proudly part of Adams Academy, where education meets accessibility! At Edu Smart, we believe that high-quality education should be a right, not a privilege. That's why we offer a diverse range of online courses, absolutely free of charge, to learners worldwide. Join Edu Smart today and embark on a journey of learning that's as rewarding as it is enjoyable. Discover the joy of learning with us, where your educational aspirations meet limitless possibilities!

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