Advanced hotel revenue management
This course is included in a Typsy Premium subscription along with 150+ other courses.
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Course details
As a hotel revenue manager, or an aspiring manager, you’re already pretty familiar with the fundamentals of revenue: how to interpret a profit and loss statement, data, and so on. But if you want to take your revenue management to the next level, you need to dig even deeper! Maximizing your revenue is all about making strategic, nuanced decisions. This course is designed to help you do exactly that.
With guidance from Ally Northfield, a revenue management specialist, you’ll discover the advanced strategies you need to truly unlock your hotel’s revenue potential.
What you'll learn in the Advanced hotel revenue management course
- What guest segments are, and how you can use them to maximize revenue
- How to optimize your business mix
- The psychology behind pricing
- Price positioning strategies, and the strengths and weaknesses of different strategies
- Techniques for adjusting your pricing
- How to create and manage a revenue forecast
- How to manage your total revenue
- Techniques to build and run a strong revenue management team
Who the Advanced hotel revenue management course is for
This course is aimed at hotel managers looking to build on their knowledge of revenue management principles.
For successful completion of this course, Typsy recommends some prior knowledge of introductory revenue management principles.
Meet your instructor
10 lessons included in this course
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Start a course to master new skills in your chosen specialist area. Work through a series of topic-focused lessons at your own pace, and pass the final quiz to earn a digital certificate that proves your expertise.
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Complete all the lessons included in the course. Each lesson is generally 3-5 minutes long.
Pass the quiz
At the end of each course is a quiz. The quiz will test that you have retained the key learning outcomes in each course.
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Receive a digital badge for every completed course that you can download and share with your professional network.
Become an expert
Use your specialist training to build confidence, progress further in your career, or build expertise in areas you're passionate about.
All Typsy courses are endorsed by the Institute of Hospitality
Typsy courses have been endorsed by the Institute of Hospitality which demonstrates the courses:
- Adhere to good practice standards in training and training delivery
- Are relevant to the needs of the industry
- Meet a wide range of essential criteria relating to quality standards and quality learning outcomes
What to expect when you learn on Typsy
What our members are saying
"I especially love how crisp and easy to follow these courses are."
"Been loving Typsy so far! It was honestly like love at first sight, with the plethora of informative courses at my fingertips in such high quality and certified instructors. I especially love how crisp and easy to follow these courses are, whether you're a novice or an expert... Highly recommend Typsy to everyone who's a part of the hospitality industry."
"It assisted in sharpening and updating my current skills."
"I have been using the Typsy online training platform since April 2020 and have found it to be very informative, simple, and it provides hands-on, practical skills that I have been able to immediately implement at my accommodation facility. It also assisted in sharpening and updating my current skills to enhance my guests' experiences in the future."
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- Learn at your own pace
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