Instructorw3teaching team
TypeOnline Course
DateDec 8, 2016 - Nov 6, 2020
Price$60$5
Buy NowBook Now

leadership-in-revenue-management

What Will I Cover?


Revenue Management Definition and Fundamentals
Revenue Management is a culture and philosophy
ACTION 1


Ingredients of Effective hotel Revenue Management
How to measure your efficiency? Hotel KP
Market Segmentation
Yield-able versus Non Yield-able Segments

ACTION 2


Forecasting.
Forecasting in hotels starts with making a budget
Demand Calendar – Hotel Revenue Management Tool

ACTION 3


Unconstrained Demand
Group Trends
ACTION 4


Pick Up Report
Monthly Pick up Analysis
Hotel Booking Curve

ACTION 5


Stay Controls or restrictions
ACTION 6


What Influences to consider for your hotel forecast?
Rate Code, Channel and Origin Statistics
Top Accounts Expectations
Accuracy of your hotel Forecast
Forecasting Model and Tool

ACTION 7


Bench marking
Anticipate the Rate Strategies of your Competition!
Rate Shopping

Till Action 13

Introduction To Leadership In Revenue Management


Revenue Management helps to predict consumer demand to optimize inventory and price availability in order to maximize revenue growth. Revenue Management means not selling a room today at a low price to sell it tomorrow at a higher price. Revenue Management also means selling a room at low price today if you do not expect higher demand.

To Read Full Course Buy Now.

Our Reader Score
[Total: 1 Average: 5]