Fundamentals of Hospitality Revenue Management
- Offered byUDEMY
Fundamentals of Hospitality Revenue Management at UDEMY Overview
Duration | 3 hours |
Total fee | ₹389 |
Mode of learning | Online |
Credential | Certificate |
- Overview
- Highlights
- Course Details
- Curriculum
- Entry Requirements
Fundamentals of Hospitality Revenue Management at UDEMY Highlights
- Earn a certificate of completion from Udemy
- Learn from 1 downloadable resources and 2 articles
- Get full lifetime access of the course material
- Comes with 30 days money back guarantee
Fundamentals of Hospitality Revenue Management at UDEMY Course details
- For Small Hotel Managers
- For Front Office Staff
- For Reservation Staff
- For Sales Professionals
- For Hotel Owners
- Learn Revenue Management Fundamentals
- Pricing Pillar
- Competition Analysis (SWOT Analysis)
- Understand Demand & Inventory
- Process of Revenue Management
- Marketing Reports required for revenue management
- This course talks about fundamentals of revenue management for hotels in particular and other industries in general
- This Course will help you to become understand what are fundamentals of revenue management
- Revenue Management comes in picture where different peoples uses same product & services for different reasons and have different willingness to pay
- Revenue Management is essential whenever businesses can charge different prices from different customers
- Even though the course is online with no physical presence, assignments in this course will give you a change of personal interaction as i will review all assignment personally and give you personalized guidance
Fundamentals of Hospitality Revenue Management at UDEMY Curriculum
Revenue Management Fundamentals
Introduction and Responsibility
Revenue Management Myths and Profit Fallacy
Free Resources for Hospitality learning during COVID 19
Revenue Management Definition & Meaning
Revenue Management Premise and Assumptions
Common Revenue Management Decisions at hotels
Terms used in Hospitality in relation to Revenue Management
Revenue Management Process
Steps for Revenue Management
Steps for Revenue Management
Step 2 - Segmentation of target cutomer and understand their profiles
Step 2- Balancing the Segment of customers
Step 3 - Understanding Demand
Step 3 - Forecasting the Demand
Step 4 - Identify Competitors & Swot Analysis
Step 5 - Meaning of Price and Seller & buyer Prospective price
Step 5 - How do we detemine Prices
Step 5 - Pricing Factors and Strategic Pricing
Differential Pricing
Pricing Concepts - Dangers and Restrictions
Re-cap What we have learned soFar
Business segmentation, Distribution Management and Data reports which are needed
Distribution and Channel Management
Inventory management
Report which we may need for revenue management
Some Sample Revenue management Reports
Revenue Management Challanges
What Revenue Management reports you are using and what do you learn from them
Fundamentals of Hospitality Revenue Management at UDEMY Entry Requirements
- Prerequisite: Basic Understanding of Hotel Operations
- Not mentioned
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