Fundamentals of Hotel Revenue Management - Hospitality

Description:

Revenue Management is essential whenever businesses can charge different prices from different customers. Like airlines, hotels, restaurants & other service industries Revenue Management comes in picture where different peoples uses same product & services for different reasons and have different willingness to pay. For Example Airlines, Hotels, Advertising Services. Inventory in these are perishable and unsold are considered as loss. In these scenarios Maximizing revenue can be difficult 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.

Basic knowledge:

Basic Understanding of Hotel Operations

Small Hotel Managers. Front Office Staff. Reservation Staff. Sales Professionals.

Course Completion Certificate.

What will you learn:

• Learn Revenue Management Fundamentals
• Pricing Pillar
• Competition Analysis (SWOT Analysis)
• Understand Demand & Inventory
• Process of Revenue Management
• Process of Revenue Management

Simpliv LLC, a platform for learning and teaching online courses. We basically focus on online learning which helps to learn business concepts, software technology to develop personal and professional goals through video library by recognized industry experts or trainers.

Why Simpliv

With the ever-evolving industry trends, there is a constant need of the professionally designed learning solutions that deliver key innovations on time and on a budget to achieve long-term success.

Simpliv understands the changing needs and allows the global learners to evaluate their technical abilities by aligning the learnings to key business objectives in order to fill the skills gaps that exist in the various business areas including IT, Marketing, Business Development, and much more.