Rooms Revenue Management
Sponsored links
Does selling a room may mean entering into a price war with competitors or losing one's edge? Think about the long-term; how will you bring your prices back up?; what perception of your product are you giving guests? Implementing a revenue management strategy can be one of the most important revenue-generating initiatives available to a hotel. Selling the right room to the right person at the right time for the right price needs to be a systematic process designed to make the most of every possible event and opportunity.
This course provides participants with an opening to understand the fundamentals of revenue management and develop skills needed for advanced techniques in forecasting, group management, GOP-RevPAR analysis, overbooking and pricing strategies.
| Delivery: |
|
| Category: |
Further Details
How will you benefit?
· Identify the fundamental concepts of Revenue Management
· Be able to recognise and discuss the key concepts in Revenue Management
· Elaborate, analyses and consider the implications of the contents in a Revenue Management toolbox
Course Competencies
· Develop pricing and product strategies
· Apply forecasting techniques
· Group management
· Apply overbooking policies
Learning Methodology
Interactive lecture, workshop, and industry case-studies.
We invite you to contact EDC (contactus@hc-edc.com) for a tailor-made proposal for your company's needs; for a 2-day and/or the opportunity for EDC to organise the Executive Education course near your establishment at a prestigious venue.
Information provided is for information purposes only and no guarantees are made with regards to accuracy. It is advised that all details are checked prior to making a booking. Contents © 1999 - 2012. All rights reserved.
