Fundamentals of hotel revenue management
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Course details
Revenue management is an absolutely essential skill for maintaining and growing your hotel. After all, let’s face it - when it comes right down to it, your venue is a business, and its success hinges on how well you can bring in revenue.
You can crunch the numbers and get an idea of how your business is running - but what’s the point if it doesn’t lead you to a strategy? In other words, how can you interpret data to help you make informed decisions?
This online course is designed to help you turn data into actionable, practical strategies. With guidance from Fabian Bartnick, a renowned guru on hospitality revenue management, you’ll discover how you can make a real, significant difference to your hotel’s revenue management.
What you'll learn in the Fundamentals of hotel revenue management course
- The fundamentals of revenue, including essential jargon
- What’s involved in the role of revenue manager
- How to understand and interpret data
- Basic forecasting principles and techniques
- What distribution channels are, and how they relate to revenue management
- Practical strategies you can develop using business intelligence
- Pricing for real-world situations
- How storytelling can help you optimize revenue
- How to modernize your revenue meetings with a ‘netflix’ approach
Who the Fundamentals of hotel revenue management course is for
This online course is aimed at revenue team members and mid-level managers looking to develop their professional and personal skills in the field of hospitality finance.
Meet your instructor
11 lessons included in this course
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Complete all the lessons included in the course. Each lesson is generally 3-5 minutes long.
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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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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
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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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