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Hotel Revenue Management
Uncover the basics of financial analysis and pricing techniques to help your hotel reach its ultimate goal and become profitable flying.
Hotel Revenue Management
£29 ex Vat
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Level 5
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Learning Outcome
- Recognise the hotel revenue management’s fundamentals
- Assess the importance of revenue management
- Select the profitable distribution strategy
- Promote your hotel in effective way
- Foresee the future of hotel revenue management in UK
Description
Effective hotel revenue management strategy is crucial for hotel business success, regardless of the size and type of the hotel.
Whether you are a revenue manager or hotel owner, require to achieve the ultimate goal of your hotel by generating more revenue and gain higher guest satisfaction, then this Hotel Revenue Management course is the only thing you need.
This comprehensive course will explain the concept of revenue management and help to develop your hotel revenue management strategies successfully and attract the right guests. Additionally, understand how to set the average rate for your hotel rooms throughout different seasons and assess the progress of your implemented hotel revenue management strategy.
Course design
The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.
You are taught through a combination of
- Video lessons
- Online study materials
- Mock exams
- Multiple-choice assessment
Certificate of Achievement
Endorsed Certificate of Achievement from the Quality Licence Scheme
After successfully completing the course, learners will be able to order an endorsed certificate as proof of their new achievement. Endorsed certificates can be ordered and get delivered to your home by post for only £109. There is an additional £10 postage charge for international students.
CPD Certification from One Education
After successfully completing the MCQ assessment of this course, you will qualify for the CPD Certificate from One Education, as proof of your continued professional development. Certification is available in PDF format, at the cost of £9, or a hard copy can be sent to you via post, at the cost of £15.
Endorsement
This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.
Method of Assessment
To assess your learning, you have to participate in an automated multiple-choice question exam. You have to score at least 60% to pass the exam and to qualify for Quality Licence Scheme endorsed and CPD accredited certificates. After passing the exam, you will be able to apply for a certificate.
In addition, to enhance the depth of your knowledge regarding the course and further assess your learning, you are advised to complete the assignment questions provided at the end of the course, which you can complete anytime you wish. After submitting the assignment, our expert tutor will assess your assignment and will give you feedback on your performance.
Why study this course
There are no specific prerequisites to enrol in this Hotel Revenue Management. Anyone and everyone can take this course.
The Hotel Revenue Management is fully accessible from any internet-enabled smart device. So, you can study from the comfort of your home!
All you need is a passion for learning, literacy, and to be over the age of 16.
Course Curriculum
| Hotel Revenue Management | |||
| Module 1. Fundamentals of Hotel Revenue Management | 00:16:00 | ||
| Module 2. Importance of Revenue Management | 00:20:00 | ||
| Module 3. Key Performance Indicator in Revenue Management | 00:18:00 | ||
| Module 4. Forecasting of Hotel Revenue Management | 00:21:00 | ||
| Module 5. Pricing of Hotel Revenue Management | 00:22:00 | ||
| Module 6. Profitable Distribution Strategy | 00:07:00 | ||
| Module 7. Overbooking Practices in Hotel Revenue Management | 00:10:00 | ||
| Module 8. How to Promote your Hotel | 00:15:00 | ||
| Module 9. Customer and Other Essential Factors | 00:13:00 | ||
| Module 10. The Future of Hotel Revenue Management in UK | 00:21:00 | ||
| Mock Exam | |||
| Mock Exam – Hotel Revenue Management | 00:20:00 | ||
| Final Exam | |||
| Final Exam – Hotel Revenue Management | 00:20:00 | ||
| Assignment | |||
| Assignment – Hotel Revenue Management | 6 days, 13 hours | ||
| Recommended Materials | |||
| Workbook – Hotel Revenue Management | 1 week, 2 days | ||
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